Armani↗️

Finance Bill 2026 wants full suspension of data protection Act. Here is how. 1. System Integration (Section 59A) If your business sells over 5M annually: • You shall connect your accounting system to KRA. Be it QuickBooks, zoho, etc • To give KRA live feed of your transactions Fail to comply: 100K penalty every month. 2. Crypto Reporting (Sections 6C & 6D) • Kenyan crypto platforms must report all users trading history to KRA. Fail to file: 1M penalty 3. Pre - filled Tax Returns • KRA will generate tax returns for you based on any info available to them. Meaning: - KRA shall decide your tax bill - You must prove them wrong (Like what Shuru sent you on whatsapp) 4. Data Sources (Section 29A) KRA can assess you using: - eTIMS data - Mpesa & Bank information - Audits & inspections of related parties. eg your spouse, parents, customers, suppliers, etc - Other govt system integrations. eg NTSA, Lands, KPLC, etc 5. Physical & Digital Access (Sections 58–60) • KRA can enter your premises • Inspect records • Demand computer passwords & decryption keys • Seize documents with a warrant Meaning: KRA wants full suspension of data protection Act.

DON’T JOKE WITH THIS DUA: Ya Allah, Remove all kind of fear that keeps me small and replace it with an Iman that reminds me I was made for more than that small fear that creeps inside us

Be thankful for the small achievements in your life. Don't live another person's life. Run your race. It is fulfilling. Be patient. Your reward will come.

Me and my friends in the future 🥺

Finance Bill 2026 wants to tighten eTIMS. Under the proposal: If you fail to issue an eTIMS invoice, KRA can charge you: • 2X the tax due • Minimum 100K penalty for companies • 10K penalty for individuals But it gets deeper. • Any expense without an eTIMS invoice is automatically disallowed. KRA has no power to accept manual non etims expenses. Meaning: - If you buy stock say from a farmer - Farmer doesn’t issue eTIMS - KRA ignores your cost - Taxes you on fake profits And now: • Businesses making above 5M in yearly sales shall be forced to integrate their systems with KRA. Meaning: - KRA wants a live feed of your transactions - This is live tax audit Lesson: • Deal only with eTIMS compliant suppliers • Or prepare to donate money to KRA

Kenya wants to introduce a brand new tax for rich men toys. Finance Bill 2026 proposes a new tax category for luxury classic cars. Under the proposal: If you import a car that is: - More than 30 years old & - Worth more than 10M shillings KRA now classifies it as a luxury collector car. And wants: • 50% excise duty tax. Meaning: - Buy a classic car worth 10M - KRA wants 5M tax immediately And that is before: - Import duty - VAT - IDF - Railway levy - Registration costs Implications: - Importing classic cars is reserved for the big boys - Kenya could lose automotive collectors and investors - Rare vintage cars may flee to foreign buyers - Preserving automotive history in Kenya becomes expensive This is wealth tax targeting high end collectors.

Finance Bill 2026: Ruto’s “Forgetful Warthog” Moment 🐗 🔁 Deja Vu — What He Clearly Didn’t Learn 🫆The 2024 Finance Bill triggered massive Gen Z protests that forced govt into full retreat — yet here we are, same playbook, 2 years later 🫆A 23-year-old protest organiser says it best: “We are not the same people who protested in 2024. We are worse off” 🫆Inflation is at a 2-year high — the worst possible moment to pile new taxes on ordinary Kenyans 🫆Budget deficit has worsened from 4.7% to 5.3% of GDP — meaning the fiscal mismanagement continues unabated 💸 The Pain Points — What Gets Taxed Now 🫆Mobile phones — 25% excise duty 🫆Bottled water — Sh6.41 per litre, despite unreliable tap water supply 🫆Fruit juices — Sh14.14 per litre (unsweetened); Sh20 per litre (with sugar) 🫆Mitumba clothes — 5% customs value levy, hitting the poorest hardest 🫆Imported furniture — 30% excise duty 🫆Ceramic sinks, toilets, urinals — 5% of excisable value or Sh50, whichever higher 🫆Crypto & digital wallets — 10% excise duty on every transaction fee 🫆Gambling winnings — 20% withholding tax 🏦 The Card Swipe Trap 🫆Interchange and merchant fees (Visa, Mastercard, mobile payment networks) now taxable as royalties 🫆Every debit/credit card swipe could attract two separate taxes 🫆Banks will pass costs to merchants → merchants pass to consumers 🫆Small shopkeepers risk financial ruin if electronic invoicing systems malfunction ⚖️ KRA’s Expanded Draconian Powers 🫆Commissioner can re-open any transaction for up to 5 years — a 5-year look-back with no upper limit 🫆KRA can generate pre-populated tax returns using your electronic data — shifting burden of proof: you must disprove what KRA says you owe 🫆Penalty for non-compliance with electronic tax system: higher of twice the tax due or Sh100,000 (Sh10,000 for individuals) 🫆Tax filing deadline moved from June to April — shrinking compliance window dramatically 🫆Nil returns now due by January 31 — squeezing small businesses with limited capacity 🏠 Landlords & Renters Feel It Too 🫆Residential rental income tax raised from 7.5% to 10% 🫆Non-resident rental income (foreigners earning from Kenyan property) taxed at 30% — landlords will simply pass this to tenants as higher rents 🎰 Gambling Gets Squeezed 🫆Betting & gaming excise of 5% on every deposit 🫆Gambling winnings subject to 20% withholding tax 🫆A Sh1,000 bet that wins Sh10,000 = govt takes Sh2,000 immediately plus 5% on deposit plus existing excise — total tax Sh4,050 on one transaction 💊 Even Medicine Gets Hit 🫆Previous excise exemption for glass bottles used for pharmaceutical products removed — meaning medicines get more expensive 🔑 The Revenue Target vs. Reality Gap 🫆Govt targets Sh3.63T in 2026/27 — an ambitious figure against a backdrop of economic pain 🫆Yet the budget deficit grows, suggesting revenue collection failures, not just revenue shortfalls 🫆The road maintenance levy on fuel has been halved from Sh3 to Sh1.50 per litre — the only genuine relief in the entire Bill 🔥 Political Recklessness — The 2027 Election Gamble 🫆Elections are next year — introducing punitive taxes now is political self-destruction 🫆Gen Z is angrier, more organised, and explicitly says: “They think we are tired. They are wrong” 🫆”The Standard” correctly calls this “tone-deaf” — a president who either doesn’t remember 2024 or doesn’t care

This Safaricom result is tragic. Africans are brainwashed. No wonder we are a 3rd World. Kenyans are celebrating and congratulating Ndegwa and Safaricom. But this one of the causes of our Poverty. Look at 2nd Column on the right. This is the Company result for Kenya. Group result includes Ethiopia. So for Kenya: Gross Revenue Shs 410 Billion. Net Profit Shs 118 Billion??? This is 29% Net Margin. Most Companies return 10%! And worse this merely for Service!!! If it was Industry, them at least some benefit to the Country. Many London School Economists keep singing about Foreign Direct Investments. Do they really understand it? What have KBL, Safaricom, BAT added to Kenya in the decades they have been here?? Have their ex employees set up rival Companies?? Those companies in most Countries are Local Industries. Most of these ' Employees' and Economists who marvel at millions will be proud not knowing we are exporting Wealth and Jobs. They are trading in KShs and repatriating US$. Probably Ndegwa, David Ndii, Julians Omboko are celebrating. Deeper analysis is even more troubling. Dividend is KES 2 per share Earnings per share is KES 2.95 Net profit after tax 118b Dividends are (2 divided by 2.95 ) or 67% dividends declared of profit after tax. They retain very little in the Company !! 67% of Net profit 118b = KES 80 billion is dividends. I think Vodacom own 60% so they will get 60% x 80b = KES 48 Billion or GBP 280 million. Now take their income of KES 410 billion. Dividend to the UK - KES 48 billion That percentage is 11.7%. This percentage of income that SF earns goes as dividends to the UK Imagine you send money to someone and it costs KES 130 (assume 30 is excise, VAT etc) so SF net revenue is KES 100. Out of that KES 100 a total of 11% of this amount is going to King Charles or KES 11. We cannot be working so hard to plant Tea, etcvto generate FOREX to pay King Charles 11% Safaricom Revenues Add the Billions at least 11B outsourced services eg paying rent to American Tower Company for using Towers. Towers which were bought from Telkom Kenya for a song. Simple things that Kenyans should be doing. That is at least another Shs 20B. Then since Safaricom gets prepaid Airtime, which is like Advance Payment, they are so liquid they have never taken a Loan. This liquidity is what is lent as Fuliza etc. So Safaricom is mopping money from every village, slum etc And yet Members of Parliament and other stooges can gloat that ' SAFARICOM IS A KENYAN COMPANY and should have a KENYAN identity when they have made a misadventure to Ethiopia ( Good for them). The first column illustrates how Kenya is subsidizing that operation. From a net Profit of Shs 118B, that Operation reduces that margin to Shs 73B. Black Africans have to wake up and promote Local Industries like Mastermind Tobacco and Keroche Breweries. Africans are just illiterate thinking they are very smart. Colonialism of the Mind, Economy is still very much alive. And they have ensured it continues with dangling of bait, hook, line and sinker something called 'Democracy, Capitalism and Freedom' !!

@RobertAlai Hakuna mwingine kama si @edwinsifuna

Wacha niseme! ODM must urgentky start the process of looking for a stand-in Party Leader to replace Dr Oburu whenever he’d not be able to personally lead party activities. The top ODM leadership will kill Dr. Oburu by demanding that he fly in choppers all the time, affecting his well-being, and even not live his age. New party leader must be groomed now or we fold the party and find new vehicle.

Example of how wealthy people live life 🔥

Reduce bitterness from your life, that shit delays blessings!

Kizungu ni kizungumukuti pale Linda Tumbo. It seems Sifuna migrated with everything including the DJ and English!

Finance Bill 2026 is here. Major shifts across various tax heads. Some of the proposed changes: Tax Filing Deadline: The tax return filing deadline is proposed to be shortened from the last day of the 6th month to the last day of the 4th month following the end of the person's year of income. The new filing date will be 30th April for individuals and companies with December year-end. Mitumba Traders: Worn clothing importers will pay income tax on 5% of customs value as deemed profit, payable before goods are released upon importation. CGT: Any sale of shares, by a non-resident person, that derive value from Kenya or cause a change in control of a Kenyan company, proposed to be subject to tax. This will catch all offshore sale of shares by a non-resident person where the shares have a connection to a Kenyan company. Taxation of Trust Income: Income received by a trustee, executor or administrator is proposed to be deemed income of that trustee. Where a trustee has paid tax on the chargeable income of the trust, beneficiaries shall not be liable to pay further tax on that income. This will simply taxation of trusts. VAT Exemptions: Mobile phones, electric motorcycles, e-bicycles, solar batteries, electric buses & BEV stoves are proposed to be exempt from VAT. Previously claimed input VAT required to be reversed for unsold exempt stock. Virtual Assets: Virtual asset service providers must file annual user information returns. Kenya may also enter cross-border data exchange agreements on crypto transactions. Kenya is moving to fully regulate & tax crypto. Tax Amnesty is back: Proposed tax amnesty on penalties and interest for liabilities up to 31 Dec 2025 where payment of principal amount is made by 31 Dec 2026. VAT Record-Keeping & Refund Period: The VAT record-keeping and refund period is proposed to be extended from 2 years to 3 years. EAC Goods Not Treated as Imports: Goods originating from an EAC Partner State that meet EAC Rules of Origin not to be considered an import for excise duty purposes. Interchange Fees: Interchange fees and merchant service fees arising from card transactions are now expressly included in the definition of "management or professional fee", making them subject to withholding tax. This has been subject to litigation, where KRA lost. This is therefore an attempt to bring the fees within the scope of management fees. Watch out for detailed alert. END

Let’s ask the uncomfortable question: If the government needs more money, why is the answer always new taxes instead of cutting waste, sealing corruption leaks, or improving efficiency? Because it’s easier to tax citizens than to fix systems.

it's not just me

FATHERS ❤️

@DuncanMwiti8 @SokoAnalyst

@SokoAnalyst KINGSHIP HITHERTO SETTLED: Kenyans are united against Kasongo & his minions and are willing to support anyone with the courage, clarity & impetus to express that position. You can delay a movement, but you can't stop an idea whose time has come!

There is a crisis meeting in State House and the youth leader has been summoned. It's said the President must go to Luo Nyanza at the earliest available opportunity. The police are under pressure to explain why they did not stop the rally as they had been instructed. It's also reported that goons were not paid and it's creating chaos on the ground for the government. Interesting days ahead.

@sholard_mancity @KenyaPower_Care I'm a victim.

The reports that Kenya Power and Lighting Company is deducting up to 50% of token purchases to recover “Last Mile” connection loans are disturbing. Imagine buying KSh 1,000 worth of tokens and only receiving KSh 500 worth of electricity. But here’s the bigger question I’d like answered: Are these deductions being imposed on tenants too, even though they do not own the houses or the connection infrastructure? If the answer is yes, then that exposes a serious legal and policy gap because tenants are being forced to repay for assets they do not own and may never benefit from in the long term. At what point does cost recovery become exploitation? No wonder more Kenyans are now seriously considering solar. This needs urgent scrutiny.

@samiefrank How much

A good steel door defines your home. This steel + wood concept . Contact us 0728078224

@Taye651751281 @OmaeOkara How many bedrooms?

@OmaeOkara Hey bro do u have a plan for this?

This is what modern bungalows look like. Huwezi kosa roof top ya kupanga hewa na kurusha bosco mawe from time to time. Outdoor living is a thing.