Beauraco Engineeringltd
488 posts


@Bella_Cj_ @MwangiHub Yeah, most energy government agencies use jkuates. EPRA, KPLC, REREC, GDC except kengen.
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@candyassets And he is so humble! Using the same clothes from almost 20 years ago!!
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Man Marques Brownlee hasn't aged a day
CID@theonecid
18 years of engineering apart and nobody could tell iPhone 1 was ahead of its time
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@john_mackonen @WashiraX The challenge is you get a buyer who wants to declare it as a purchase to reduce tax on their end.
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@WashiraX you can play the same game at the end when you are selling
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There is a very common land tax scam in Kenya.
And both the buyer and seller walk into it smiling.
Here is how it works.
- You agree to buy land at 10M.
But the seller and his lawyer convince you:
- Bro, let’s write 5M in the agreement.
Why?
- The seller pays less Capital Gains Tax and,
- You the buyer pays less stamp duty.
Everyone feels genius.
Everyone saves money.
Years later,
- You sell that same land for 20M.
It's time to pay capital gains tax.
KRA comes in and asks one simple question:
- What was your property cost?
You say - 10M.
KRA says:
- Show me the purchase agreement.
- Show me the stamp duty receipt.
You present them.
- They both say - 5M.
KRA smiles.
So your tax becomes:
- (20M − 5M) × 15% = 2.25M
Instead of:
- (20M − 10M) × 15% = 1.5M
You pay 750K extra.
Just like that.
So the saving you made on stamp duty comes back later as:
- Higher Capital Gains Tax
Lessons:
- Do not understate purchase price in agreements
- What you sign today becomes your tax tomorrow
- Short term savings create long term pain
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@duchace Hapa kwa engineering it is doing magic.
Manager atashangaa suddenly nimkuwa MIT graduate.
Filipino

@Sheer__Opulence Fun fact proverb 21: 9 and 21: 19 say the same thing.
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@rssn3_ Try working on a project without a project manager. You will understand how significant they are to the team. I try to avoid projects without one.
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@lucindajanet There is a club that tried that in SA, find out what happened.
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@Ja_Kamnara @lucindajanet They will sue each other before even construction begins.
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@Mungaiiz_b @kiruti Claude is more of an engineer. Very technical.
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@Jameskk110 @xysist He is very right. Unless you support 95k expenses with etims.
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@xysist Your are very wrong if you’re talking about WHT. Kama client alisha withhold 5% you should be good if you were a consultant na kama unashuku hakuremit simply request for the PRN and you’ll be good na kama client hakuremit then hapo shida ipo lakini si sana kwako.
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Hii nlisema last year.
Ukilipwa 100k then client withholds 5k kra will ask you to pay tax on the 95k
GIF
Mubabaddie.@MuchiriH
Kama ulifanya kazi last year na uka invoice na eCitizen with withholding tax don’t I have news for you. You will see bad things. Siet
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@Ferdnand__ @MuchiriH Hapo kwa expense should be supported by etims. People will see bad things.
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@MuchiriH You're required to pay the balance 25% tax. Expenses wanataka ziwe supported na etims invoices otherwise Kasongo must go
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@alexmwanzo Jomba six figure inakuwanga when you are earning in dollars. Now convert to dollars.
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How do I get rid of this HEY GROK nonsense from my TL? Will blocking @grok help? Very annoying & childish stuff !
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@Keerulanah @Kenyans Or they are playing double chance.
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@Branicemercy I got yours instead,
x.com/i/status/19951…
Essie@EcEssie
My friends and I escaping reality
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@real_Kipp @BarakaJeshurun This is reduced to 4% (architectural fee) to cover the cost of the project management team (project manager). Never let the architect act as the project manager, as it will create bias that affects the project as a whole. It is 6% if the architect is also the project manager.
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@BarakaJeshurun Thats standard. The remaining 4% is divided equally by other engaged consultants
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@KomugishaPeace The problem is Ugandans are using Museveni as a reference. He will look a perfomer.
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I have never understood why kenyans hate such a good guy🥹🥹😒
William Samoei Ruto, PhD@WilliamsRuto
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