Oluoch

@Thuranira_1 Thuranira, you're going too far. If you are secular preach it, you have the freedom to do it even at the state house gate like Asunya the TikToker or on KICC rooftop.

But Kenya is a secular state. If everyone decided to do missionary in matatus, it would be chaotic. There is a time and place for everything. Preach in the streets or in church or use social media . The preacher should be arrested for violating traffic rules as he is endangering his life and the lives of the passengers.

Turnover Tax (TOT): A Simple Tax Option Worth Considering for SMEs The spirit (the real intention ), behind Turnover Tax was to make tax compliance easier for SMEs. Imagine a tax regime that does not require complex accounting or constant worry about the compliance status of other players in your supply chain (eTIMS). For most SMEs, the concern is honest and straightforward:
“How do we stay tax compliant without getting overwhelmed?” -Most of them are not /do not have accountants. -Most do not have structured bookkeeping systems. -Their primary focus is selling, serving customers, and keeping the business running. Key Facts About TOT -Applies to resident persons (individuals and companies) with annual turnover between 1 million and 25 million -Charged at 1.5% of gross sales -Filed and paid monthly by the 20th via iTax -It is a final tax—no further income tax is due on that income Simple formula:
Sales × 1.5% = Tax payable With TOT: -Your tax is based purely on your turnover -You do not rely on expense deductibility -You are not exposed to disputes over supplier compliance -Your tax obligation is independent and straightforward That clarity alone brings peace of mind. Simple Illustrations 1. Monthly turnover: 600,000 → Tax = 9,000 2. Monthly turnover: 400,000 → Tax = 6,000 3. Monthly turnover: 500,000 → Tax = 7,500 -No complex accounting -No worrying about whether every supplier in your chain has complied with eTIMS 
For many SMEs, the real problem is not tax; it is not knowing what works for their business and the options available. Turnover Tax may, however, not suit everyone especially businesses with very low margins. But for many growing SMEs, it offers something powerful: ✅ Simplicity
✅ Predictability
✅ Reduced compliance stress With TOT, you do not have to worry about informal expenses that lack eTIMS invoices, nor do you need to deal with complex annual tax computations.

@MihrThakar You forgot, while other's buy cars and take matatus commuting to work, he prefers his Hirojet "blackmamba" bicycle, in the process keeping fit.

Personal finance tips from Muhindi Mzee: 1. Goes to work in champali - This makes goons underestimate him, makes beggars think he's one of them and also keeps regulatory agencies "merciful". 2. Retirement planning - Encourages his teenage children to come to work on holidays.

@otienowill The working class are crushing.

It is untenable to shoulder a 1.5% housing levy, 2.75% SHIF deduction, 6% NSSF contribution, and a staggering 30-45% PAYE , only to still grapple with exorbitant school fees, skyrocketing rent, punitive fuel prices, and endless medical fundraisers because SHIF remains woefully inadequate.

@moneyacademyKE Uncle Sam is exposed.

Global breaking Update: US President Trump extends the US ceasefire with Iran indefinitely.

@MKBHD It has important things to attend to.

Why does the the brain ignore the second the?

@Kenyans Our society has lost its moral values.

Comedian Mamito’s imitation of Prophet Owuor

@l0n3n1nj4 @moneyacademyKE Very sad.

@moneyacademyKE CBK licensed 32 more digital lenders a week ago, & many more still waiting, it reveals a clear pattern of drawing Kenyans into a cycle of debt. Payslips have been raided to the extent that even people in gainful employment now need to borrow just to make it to the next paycheck.

Over 50% of salaried workers in Kenya rely on advance loans to survive due to the rising cost of living, according to a new report. The report reveals Kenyans are increasingly depending on short-term credit to cover monthly expenses.

Car Taxation Policy: More pain for new car owners Car importers decry numerous taxes on imported cars as KRA denies claims #CitizenMondayReport

The BBC has found a pattern of spikes in trades on financial markets ahead of public announcements by President Trump, including during the Iran war. 🎧 #GlobalNewsPod bbc.in/4vVxjYm

"I seek to buy a Sh 1.2M car. Should I use MMF savings or loan?" - John. A car going for Sh 1.2M will cost you Sh 24K p.m (average) for a 6-year loan. That Sh 1.2M loan will cost you over Sh 600K. Ksh 1.2M in MMF will earn about 10K p.m. If transferred to a special fund, it would return about Sh 50K every 3 months. In 72 months, you will have more than Sh 700K in MMF interests as you'll benefit from compounding interests. In a special fund, you'll have gained another Sh 1.2M ✨ A hybrid option at 60% loan against total cost plus 40% MMF savings is ideal to minimize loan interests and retain some liquidity. If your salary allows, you could take a full loan and still stay liquid while enjoying cash flow that could help maintain and fuel the vehicle.

The BBC says it has found a 'consistent pattern of spikes just hours, or sometimes minutes' in financial markets before a 'social media post or media interview' by President Trump.

@pitandirangu Absolutely

Your Tax Accountant Should Do More Than Just Filing Taxes YES ! They should go beyond routine return filing. They should advise you on: -The tax risks you are exposed to based on the nature of your business, -Tax planning measures to help optimize your tax expenses, and -Timely updates on changes in tax laws that impact your operations.

Eeh!

“Every humble sinner will feel that he deserves no mercy, but grace alone can save him.” — Charles Spurgeon

@RodgersKipembe The guy is doing a wonderful job in Australia.

You leave Kenya for Australia, but instead of engaging with the international community and experiencing cultural exchange, you choose to associate only with people from your village to advance Prophet Owuor’s gospel.

@LarryMadowo 😅

I’m done with this mess. Please respect my privacy during this difficult period

Arsenal 😬

@Fact Then lighting stricken objects would vaporise.

Lightning is hotter than the surface of the sun

@MrImranPk Nuclear bombs.

🇮🇷 Iran has OIL 🇷🇺 Russia has NATURAL GAS 🇨🇳 China has RARE EARTH MINERALS 🇺🇸 United States has ?

NTSA wants to start inspection of private vehicles, meanwhile these are the tetanus ridden Matatus that pass their inspection tests.