Income tracking
Enter your payout from Bolt or another platform — or upload a bank statement and payments match themselves. See your total and profit at any moment.
For taxi and passenger-transport drivers
Driving on your own account? The tax office already sees your payouts.
Since 2024 the platforms report driver payouts to Latvia's State Revenue Service (VID). If you drive for yourself — not through a fleet that keeps the books for you — you declare the taxes yourself. Vadi calculates them, from €9/month.
- Income from Bolt and other platforms — in one clear place
- Fuel, car depreciation, insurance, repairs — as expenses, a lower tax bill
- Quarterly social-contribution report and annual income declaration — ready to file
7 days free no cardFrom €9/mo incl. VAT
What a taxi driver needs to know
1
Register as self-employed with VID
If you drive for yourself, carrying passengers for a fee is economic activity. Register with the tax office (VID) as a self-employed person — free, online via EDS.
2
Licence and vehicle in order
Taxi transport needs a permit and a registered vehicle (municipality / ATD). Sort that before you start driving — Vadi takes care of the tax side.
3
The platform reports your payouts
Once a year Bolt and other platforms send VID the amounts they paid you. A mismatch with what you declared is visible immediately — keep your books straight.
What Vadi does for you
You drive — Vadi does the tax maths in the background.
Car expenses = lower tax
Fuel, car depreciation or lease, insurance, repairs, car wash — under the general regime these are deducted from income and the tax drops. Snap a photo of the receipt; the fields fill in.
VAT on the Bolt commission
Bolt bills its commission from an Estonian company. A service received from the EU can trigger a VAT-registration duty (section 60) even below €50,000 — Vadi warns you so you don't miss it.
Contributions & annual return
The quarterly social-contribution (VSAOI) report and the annual income declaration (D3) — computed from your records, ready to file in EDS. The calendar reminds you of deadlines.
Works from your phone
Scan a receipt with your phone camera, enter a payout between rides. No computer needed, and no accountant needed.
MUN or the general regime
Vadi supports both. Car costs are usually high, so the general regime is often cheaper; if expenses are low, MUN. Compare in the calculator below.
How much tax will your payout cost you?
Enter your monthly income and expenses — the calculator shows the MUN and the general regime side by side, with real figures. No sign-up.
Open the calculatorFrequently asked questions
What taxes does a self-employed taxi driver pay?
Under the general regime: social contributions (VSAOI) of 31.07% on a chosen base (at least the minimum wage of €780 if your monthly income reaches it) plus 10% for pension insurance on the excess; if income is below €780, only 10% of the actual amount. On top of that, the annual declaration applies personal income tax of 25.5% after deducting paid VSAOI. The alternative is the micro-enterprise tax (MUN) of 25% of turnover with no expense deduction.
Does a taxi driver have to register as self-employed?
If you drive for yourself (not as a fleet employee), carrying passengers for a fee is economic activity that must be registered with the tax office (VID). Registration is free, online via EDS. Taxi transport additionally needs a carrier permit and a registered vehicle.
Do I have to pay VAT on the Bolt commission?
You might. The platform commission is often billed by a company registered in Estonia (e.g. Bolt Operations OÜ) under the reverse-charge note. When you receive a service from another EU country, section 60 of the VAT Act can require you to register for VAT and pay 21% on the commission — even if your turnover is below €50,000. Vadi flags and warns about this; confirm your exact situation with VID or an accountant.
Which car expenses can I deduct?
Under the general regime you deduct business-related expenses from income: fuel, car depreciation or lease interest, insurance (OCTA, KASKO), repairs and maintenance, tyres, car wash. The higher your real expenses, the more the general regime beats MUN. Keep your receipts — Vadi attaches them to the expense.
How much does Vadi cost for a taxi driver?
From €9/month (incl. VAT) — covering income and expense tracking, VSAOI and income-tax calculations, the annual declaration and the tax calendar. The first 7 days are free and no card is required. If you want camera receipt scanning and bank-statement import, that's the Pro plan.
Vadi isn't only for taxi drivers. The same system works for every self-employed person and company in Latvia.
Start today
Handle your taxi taxes without the headache
Sign up and enter your first payout — Vadi shows how much to pay VID and when. No accountant, no computer.
Start free7 days free