MUKASA M. MESHACK

@samtistics @MigunaMiguna @rigathi @WilliamsRuto Count mine too

@MigunaMiguna @rigathi @WilliamsRuto General...I would love to see you as a president. I don't think there's a video out there where your name is mentioned that I've not watched and to say the least I'm convinced. Now tell TNP to do proper brand awareness ....I will help if given a chance....yours truly 1 vote

By promising his diaspora supporters with citizenship of their host countries that he would appoint them ambassadors, high commissioners, commercial attachés and counsellors to those countries, @rigathi INTENTIONALLY LIED to his supporters like his friend @WilliamsRuto does daily. IF Mr. @rigathi is competent, he must be aware that article 8 of the Vienna Convention specifically disallows what he is promising. IF he doesn’t know, then it shows that he is incompetent on basic foreign affairs issues which would make him a train wreck as president. I’ve not said he would become president.

KRA says it has identified over 392,000 firms and wealthy individuals owing Sh760 billion in unpaid withholding tax under a new audit. This will trigger PIN deactivation, asset freezes, and possible travel bans.

Step by step guide to the KRA Audit & Dispute Resolution Process -The Kenya Revenue Authority conducts tax audits to ensure compliance with Kenya’s tax laws. -The process is governed by the Tax Procedures Act (TPA) which provides a structured framework that balances enforcement with the protection of taxpayer rights. An overview of how the audit and dispute resolution process works. 1. Audit Notification (Section 59, TPA) KRA issues a formal notice informing the taxpayer of the intended audit. The notice specifies: -The tax type under review -The audit period -The documents and information required 2. Submission of Documents The taxpayer is required to submit the requested records, which may include: •Financial statements •Payroll records •Bank statements •Invoices and supporting schedules •Any other relevant documentation Within the required timeline 3. Audit Review & Reconciliation (Section 59, TPA) KRA reviews the submitted records and shares its audit findings with the taxpayer. The taxpayer is given an opportunity to: -Reconcile variances -Provide explanations and additional evidence 4. Additional Assessment (Section 31, TPA) -Where discrepancies remain unresolved, KRA issues an Additional Assessment, which may include: •Additional tax payable •Penalties and interest -Finance Act, 2025 obliged KRA to clearly state the basis and reasons for the assessment. The taxpayer may either: •Accept the assessment, or •Object to it 5. Objection to Assessment (Section 51, TPA) -A taxpayer who disagrees with the assessment may lodge an objection within 30 days through the Independent Review of Objections (IRO) process. During this stage: -The objection is reviewed independently -Both the taxpayer and the assessing officer make submissions -The IRO issues a formal Objection Decision 6. Appeal to the Tax Appeals Tribunal (TAT) (Section 52, TPA) -If dissatisfied with the Objection Decision, the taxpayer may appeal to the Tax Appeals Tribunal (TAT). At this stage: -Alternative Dispute Resolution (ADR) may be applied where the dispute is factual and both parties agree -Where the dispute involves legal or technical interpretation, the TAT hears the matter and issues an independent ruling 7. Appeals Beyond the TAT (Sections 53 & 54, TPA) If either party is dissatisfied with the TAT’s decision, the dispute may be escalated further to: •The High Court •The Court of Appeal •The Supreme Court of Kenya 8. Final Resolution The dispute process concludes when: -The tax is paid -A settlement is reached (including through ADR) -The matter is determined by the highest appellate court In all this process , the Constant is Proper , Complete and Accurate record to speak for you . In the event the Taxman “reach out” don’t panic ; Cooperate! There is a way out #TaxAudit #TaxDisputes #Taxcompliance Disclaimer: This post is for general informational purposes only and does not constitute tax, legal or professional advice.

Introducing the 22nd annual Forbes list of the World's 100 Most Powerful Women: forbes.com/lists/power-wo… These 100 #PowerWomen—including 17 newcomers—command a collective $37 trillion in economic power and influence more than 1 billion people. Illustration: Oriana Fenwick for Forbes

@WehliyeMohamed Like the Gunners, GGMU won all three including away at Anfield. The difference is clear.

How did this guy win ahead of Arteta? Arteta won all matches in October and didn't even concede a goal. United won 3 and drew 1.

@FloydShivambu When you look at the other side of the coin, no African country ranks top 30 in Imports. Exports and imports are driven by the size of economy not colonialism

There isn’t a single African country in the world Top 30 exporters. This shows that the entire African economy is still under Neo-colonial shackles. Afrika Mayibuye Movement’s objective to industrialise the South African and African economy will break these colonial shackles.

Folks, The Report by the National Assembly's Finance & Planning Committee on Bill No.19/2025 (Finance Bill 2025) is finally out! A short 🧵on my key highlights.

@LarryMadowo Law of supply and demand. How many flights ply NBO - Abidjan compared to NBO - Atlanta? The lower the supply the higher the price

Both flights were in Business class. But why is it cheaper to fly to an American city two continents away than an African city 6 hours away?

My flight to Abidjan 🇨🇮 cost more than my flight to Atlanta 🇺🇸 from Nairobi 🤯 Happy Africa Day

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10 Perplexity Deep Research prompts to turn you into a superhuman: 👇

Held deliberations with the First Lady @MamaRachelRuto on strategies to upscale clean cooking uptake. Kenya leads in the drive for transition to clean energy and universal access to affordable and sustainable energy solutions under the guidance of President @WilliamsRuto

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YouTube Documentaries for Your Sunday 1. Our Land, Our Life — BBC News Africa 2. The Hidden Danger in Your Pocket— Moconomy 3. My Faith, My Truth — BBC News Africa 4. Confessions of a Convict — Real Stories 5. India’s Opioid Kings —BBC News Africa 6. Holiday Love Gone Wrong: Women Expose Romance Scammers — Only Human

How to Check if Your SACCO in Kenya is Financially Stable We have analyzed some financial ratios using data from the top SACCOs based on the 2023 and some 2024 reports, comparing them with key standards Save the thread below:

@moneyacademyKE CAK should ensure that their low price is regulated to avoid predatory pricing scenario like in Nigeria where Starlink in Sep 2024 raised it's prices by 97% (kes 2,900 to 5,800) after entering the market with low pricing. With 2k ( 17GB) from Saf while Starlink (50GB ) 1,300

Starlink’s entry in 2023 has boosted Kenya’s fixed internet speeds to an average of 11.59 Mbps, up from 9.78 Mbps.

@krezi_vaksin @moneyacademyKE By borrowing with full approvals from national Treasury. Like Kenya Railways as SOE has SGR loans from Exim bank of china, this loan is a contingent liability of the national treasury. Kenya Railways loans are more than kes 700 bn, making it the SOE with the highest Debt.

@MukasaMeshack @moneyacademyKE And hw did this entities acquire those loans? And why? Was there smthn that could be done kuavoid kufika apa?

Treasury CS John Mbadi warns that government parastatals with unpaid loans and pending bills will be blocked from accessing fresh debt from July, as part of efforts to ease the financial burden on taxpayers.

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Which is the best SACCO to join? Here are 5 considerations to make when joining a SACCO: 1. Financial Stability of the SACCO.

@moneyacademyKE @moneyacademyKE The correct position should be; CBK's MPC lowered the CBR from 12.25% to 12% on October 8th 2024. Therefore the current CBR is 12% & not 12.75% Banks Chiefs were therefore summoned for not complying with the current CBR 12%

CBK has summoned bank CEOs over their failure to lower lending rates despite the benchmark rate dropping to 12.75% in August.