Micky

Seeing your siblings doing well is a top tier feeling.

Joined Prime Cabinet Secretary @MusaliaMudavadi in receiving Uganda President H.E Yoweri Museveni at Kisumu International Airport for official visit. The launch of the Kisumu-Malaba SGR project remains historic and heralds a new and exciting economic era for Western Kenya.

Expenses Excluded from eTIMS Validation 1. Airline passenger ticketing (Row 5.2 of the Profit & Loss Account sheet) 2. Emoluments (employment expenses – Section 6.5 of the Profit & Loss Account sheet) 3. Interest expenses (Row 7.1 of the Profit & Loss Account sheet) 4. Fees charged by financial institutions (Row 7.2 of the Profit & Loss Account sheet) 5. Investment allowances and internal accounting adjustments declared in Sheets E1 and E2 of the annual income tax return, as well as the capital allowances field in the tax computation sheet 6. Expenses subject to withholding tax that is treated as a final tax (no requirement to declare the related gross income and expenses) 7. Imported services, including services provided by non-residents without a permanent establishment in Kenya (Row 2.2.2 of the Profit & Loss Account sheet) Note:
 All expenses that are exempt from electronic invoicing requirements must be declared strictly within the specified fields above. Any amounts reported outside these fields will be subject to validation against TIMS/eTIMS invoices transmitted in the particular year of income

Trophies are won on the pitch 🇸🇳⭐️⭐️

Mortgaging your prime property for a huge loan to invest in real estate is like taking poison and expecting not to end up in Sayun. Banks are very unsympathetic. Didn’t you see what NCBA did to Manu Chandaria when he couldn’t pay a 4.3B debt? It’s even worse if you are an amateur in real estate. Professional developers do real research and they measure risks with precision. So, when they take huge loans, things usually go well. But even they have stories of projects that almost ruined them. Real estate is not for amateurs. Wewe hujui hata “Beta” ni nini and you rush to mortgage your billion-shilling property, you will learn very quickly that banks are in business, not your friend. Never, ever mortgage your property to gamble.

So they are black with white stripes finally done with that convo

On July 3, 1976, Tina Turner waited until her husband, Ike, fell asleep in their Dallas hotel room. Her face was swollen and bruised from another beating. In her pocket were just 36 cents and a Mobil gas card. Nothing more. She slipped out of the Statler Hilton and ran. Not toward a car. Not toward help she could call. She ran straight across Interstate 30, weaving through traffic in the dark, nearly hit by a truck, driven by nothing but survival. On the other side stood the Ramada Inn. The manager recognized her instantly, even through the injuries. He gave her a room on the eleventh floor and placed a guard outside her door. For three days, Tina stayed hidden there, too injured to even eat properly, letting her body begin to heal. Three weeks later, she filed for divorce. When asked what she wanted from sixteen years of marriage, her answer stunned everyone. She wanted nothing except her name. No house. No money. No royalties. Just “Tina Turner.” A name created to control her, now the only thing she could use to rebuild her life. She walked away with debt, an IRS tax lien, and an industry that believed she was finished. Nearly forty years old, a Black woman in a business obsessed with youth, with no ownership of her past music. The odds were stacked brutally against her. But Tina refused to accept defeat. She turned to Nichiren Buddhism, chanting daily for strength. She took every job she could find. Game shows. Hotel lounges. County fairs. Corporate events. She even cleaned houses between performances. While the world called her a has-been, she was quietly reconstructing herself piece by piece. Then came 1984. At forty-four, she released Private Dancer. It changed everything. The album sold more than twenty million copies. “What’s Love Got to Do with It” reached number one, her first solo chart-topper. She won three Grammy Awards in 1985, performed at Live Aid, and starred in Mad Max Beyond Thunderdome. The world finally recognized her as the Queen of Rock and Roll. Her second act lasted decades. Record-breaking tours. Twelve Grammy Awards. Over one hundred million records sold. A career rebuilt entirely on her own terms. And love found her too. Erwin Bach met Tina at an airport in 1986 and never left her side. When her kidneys failed in 2016, he offered her one of his own without hesitation. In 2017, he kept that promise and saved her life. On May 24, 2023, Tina Turner passed away peacefully in Switzerland at the age of eighty-three, with Erwin beside her. She left behind more than music. She left proof. It is never too late to reclaim your life. You can begin again at forty. At fifty. At any age. All it takes is the courage to cross the road. Thirty-six cents. A gas card. And an unbreakable will. That is how legends are made.

CANCER HAS BEEN CURED Ivermectin & Fenbendazole cure cancer. Pass it on. BREAKING NEWS: First-in-the-World Ivermectin, Mebendazole and Fenbendazole Protocol in Cancer has been peer-reviewed and published on Sep.19, 2024! The future of Cancer Treatment starts NOW. My thanks to lead authors Ilyes Baghli and Pierrick Martinez for their incredible inspired work, FLCCC’s Dr.Paul Marik for his extensive work on repurposed drugs and every co-author who worked hard to bring this paper to life. I hope that this peer-reviewed paper lays the groundwork for a brand new future for Cancer Treatment. Many of you know that I have been helping thousands of Cancer patients with high dose Ivermectin, Mebendazole, and Fenbendazole

President Ruto: The 10-point agenda was not forced on us. There are people who want to appoint themselves as supervisors of the 10-point agenda as if we made the commitment to them. Our commitment, responsibility and reporting is to the people of Kenya

@TheODMparty @DrOburu_O The PL seems to struggling with 'aura',much like Riggy did initially on the national platform. Maybe he needs the wardrobe looked at.

Party Leader @DrOburu_O says the 10-point agenda that was contained in the MoU signed between our departed leader Raila Odinga and Pr. William Ruto is on course for full implementation. He says the agenda is big and cannot be implemented in only one year as some people are trying to say…

My coworker just got fired for literally the pettiest reason. She was just terminated, and honestly it has me a little scared now. This girl was one of the top performers on our team. She consistently hit her metrics and never caused any problems. Last month, she submitted a PTO request for her sister’s wedding with three weeks’ notice. The manager approved it in the system, so she booked her flight and hotel—none of it was refundable. Then, two days before she was supposed to leave, her manager messaged her on Teams. He said, “Hey, I know you have PTO scheduled, but we really need you for this client presentation. Can you push your trip?” She replied, “No, I can’t. It’s my sister’s wedding. Everything is already booked.” He responded, “Well, this is a really important client, and I need you to be a team player here.” She stood firm and said, “No, I’m taking my approved PTO.” After that, he didn’t respond.

This is the first reaction from inside Iran to the news that Mojtaba Khamenei has replaced his father as “Supreme Leader”. People are standing on their balconies chanting: “Death to Mojtaba.” A nation is telling the world: we will not accept another inherited dictatorship.

According to Israeli news, newly appointed Supreme Leader Mojtaba Khamenei is severely injured and “unable to function properly.” He lasted, what? Ten minutes?

When an eTIMS Invoice Is Issued but the Client Does Not Pay: What Does the Law Say? Yesterday, @JamesKWaNjeri asked an important question: “What happens when you issue an eTIMS invoice and the client fails to pay?” Interestingly, this is one of the common questions I receive in my DM. I noticed that the guidance given by most of those who commented was incorrect. In particular, some people were advising that he should issue a credit note when a client fails to pay. This is not correct under Kenyan tax law! Both the VAT Act and the ITA does not allow this FOR VAT COMPLIANCE Let us examine the correct position. -A Credit Note is not a tool for cancelling unpaid invoices -Under the VAT Act, a credit note should only be issued where there is a genuine adjustment to a transaction, such as: -Goods returned by the customer -A valid reduction in the value of the supply -Cancellation of the supply -Correction of an invoicing error In essence, a credit note adjusts the value of a supply, not the payment status of a debt. -If the goods were delivered or services provided, the supply remains valid even if the client fails to pay. Why VAT Is Still Payable Even When the Client Has Not Paid VAT operates on the time of supply principle. Under the VAT Act, VAT becomes due at the earliest of: -When goods are delivered -When services are performed -When the invoice is issued -When payment is received This means that a business may become liable for VAT before receiving payment from the customer. The Correct Remedy Provided for by the law : VAT Bad Debt Relief -Where a customer genuinely fails to pay, the law provides relief through VAT bad debt relief under Section 31 of the VAT Act. -This allows a taxpayer to recover VAT previously paid on a supply that later becomes irrecoverable. However, this relief is subject to strict conditions. A taxpayer must demonstrate that: -VAT was accounted for and declared -Output VAT was paid to KRA -The debt has remained unpaid for 3 yrs from the date of supply -Reasonable recovery efforts were made -Evidence of attempts to recover the debt exists The burden of proof lies with the taxpayer under the Tax Procedures Act. Practical Steps Businesses Should Take If you issue an invoice and the client fails to pay, consider the following: 1. Recognize the VAT liability early Once an eTIMS invoice is issued, VAT becomes payable even if payment has not been received. 2. Act quickly on overdue invoices Initiate reminders and follow-ups immediately. 3. Document all recovery efforts Keep records of emails, demand letters, and communication with the client. 4. Escalate when necessary For significant debts, consider engaging legal counsel or debt collectors. 5. Pursue bad debt relief If the debt remains unpaid and irrecoverable, follow the process under the Value Added Tax Act to claim the relief. FOR INCOME TAX COMPLIANCE ITA provided for Conditions for writing off a bad debt from the books of account .This means that the bad debt can be deducted from a company's taxable income if it can be proven that the debt is commercially irrecoverable and reasonable recovery efforts were made without success. (Section 15, Income Tax Act) Disclaimer this post is for general education and awareness purposes only: It does not constitute a formal tax, legal, or financial advice.

If you own multiple homes, And you want to sell the one you rarely use, The one that became an occasional Airbnb. Do the math. If you sell it immediately, KRA will charge 15% Capital Gains Tax on the profit made. But if you relocate into that home and ACTUALLY live there for the next 3 years, You will sell it tax free. - Sale of your primary home after living there for 3+ years is exempt from Capital Gains Tax. So, when KRA calls to demand their share, explain to them those facts. And you will walk away with your money intact.

𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗲𝘀 𝗦𝘄𝗲𝗮𝘁 𝗘𝗾𝘂𝗶𝘁𝘆 𝗖𝗹𝗮𝗶𝗺𝘀 𝗙𝗮𝗹𝗹 𝗪𝗶𝘁𝗵𝗶𝗻 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗗𝗶𝘃𝗶𝘀𝗶𝗼𝗻 𝗝𝘂𝗿𝗶𝘀𝗱𝗶𝗰𝘁𝗶𝗼𝗻 After more than four years in court, the High Court has ruled that the KES 2.19B founder-shareholder dispute, including Sweat Equity and share dilution claims, falls under the jurisdiction of its Commercial Division and will now resume continuing to full hearing. The ruling provides important clarity on how Kenyan courts treat Sweat Equity and minority rights arising from founder-shareholder contributions to company formation, promotion and business development. The Court rejected the Defendants’ application to strike out the entire suit, as the primary dispute is commercial and shareholder-based in nature. The ruling affirms that Sweat Equity claims constitute shareholder disputes rather than employment claims, and therefore fall within the jurisdiction of the Commercial Division rather than the Employment and Labour Relations Court (ELRC), while the secondary KES 732M employment-related claims (overtime, leave allowances, bonuses and gratuity), pleaded under Section 87(3) of the Employment Act, were struck out as falling exclusively under the jurisdiction of the ELRC. The ruling was delivered by Hon. Justice AlNasir Visram in HCCC No. E019 of 2022. Key outcome of the ruling ✔️ Primary shareholder claims (KES 2.19B), including Sweat Equity, will continue to full hearing before the High Court Commercial Division ❌ Secondary employment claims (KES 732M) struck out for lack of jurisdiction My allowed commercial claims raise important questions including: ▪️ Wrongful dilution of my founder shareholding from 20% to 10% by the majority shareholders ▫️ Sweat Equity compensation for my contributions in establishing, promoting and growing the business beyond my secondary employment role ▪️ Undervaluation of my remaining shareholding below fair market value ▫️ Entitlement to dividends from accumulated profits, following alleged profit extraction and suppression practices by the foreign majority shareholders Filed in January 2022 and previously part-heard before Hon. Justice Chacha Mwita, the matter was already at an advanced stage. My cross-examination by SC George Oraro, appearing for the 1st–3rd Defendants (Cerba Healthcare France, Lancet Laboratories SA and Cerba Lancet Africa), has been completed. The case will now proceed before a new judge replacing Hon. Justice Visram, who is moving to a new station, with next mention scheduled for 6 May 2026 for further directions. As founder-led companies scale and attract global investment, clarity on how courts treat founder contributions and Sweat Equity becomes critically important for local entrepreneurs who contribute value beyond cash capital. For many founders who contribute vision, intellectual capital, social capital, networks, and years of passionate effort rather than only cash capital, clarity on how courts treat Sweat Equity and minority shareholder rights is fundamental to fair corporate governance and fair administration of justice. Grateful to my lawyer Donald B. Kipkorir @DonaldBKipkorir, and to my family, friends & professional network for the encouragement and support. #SweatEquity #FounderRights 📸 Our last physical appearance for open court hearing exactly a year ago before the Judge switched to virtual hearing ⚖️

You don’t need a lawyer to transfer your home into a trust, but you must follow the correct legal steps. Here’s the full process. -Thread-

This guy effortlessly breaks down how Uhuru, Kibaki silently looted the country without any noise and the jealousy behind hatred towards Ruto. Just listen. Makes a whole lot of sense.

Authorities in Kuwait said three U.S. planes were mistakenly shot down by its air defences but confirmed all crew members were in a 'stable' condition. Latest: trib.al/qUeKhIH

BREAKING: The moment Iranian state television announced the death of Ayatollah Ali Khamenei. This moment will go down in history.