From 1 April 2019, the South African Revenue Service (SARS) requires all operators offering electronic services to collect VAT for services rendered.
Bolt has weighted rates on the platform to include the VAT fee; meaning that the rider pays for the fee as part of their trip fare. Like booking fees, you collect the fee and its paid straight to SARS as tax.
Depending on the commission fee in your operating area, the amount will either be;
- 15% of your 20% Driver Fee (Cape Town, Durban and Johannesburg)
- 15% of your 15% Driver Fee (other cities)
These figures are, therefore, equal to only 2.25% or 3% of your total Bolt fee.
Should you have any questions about this, please contact our Support Team for help.
Note: All deductions show in the driver app and invoice as Bolt Commissions.