Mr. Joseph

@WashiraX I have learned something. Much respect!

@TaxGPT Yeah. But I have a lot of fun doing it. It takes me about 1 hr. The real drive is my clients. They expect 1st class tax advice. So I must catch up with court judgements.

KRA is not playing with MPs. In 2022, each MP was given 7.5M to buy a car. - Use it for work and, - After the term, keep it or sell it. In 2023, KRA caught wind of it. And quickly fired a tax demand to Parliament of Ksh 1B. KRA argued: - Car grants are gains from employment - If MPs were not in office, they wouldn’t get them - Ordinary citizens do not get car grants - If MPs can keep or sell the cars at will, that is a direct gain - It must be taxed under PAYE. Parliament pushed back that: - Car grants are reimbursements for work transport. - MPs are not employees - So this is not taxable income When KRA persisted, the parliament ran to court. - The tribunal agreed with KRA arguments and demand 100%. Parliament saw danger. In December 2024, MPs enacted the tax law amendment bill. They quickly changed the income tax law to read. - MPs car grants are not taxable - Even if the MP owns the asset And they backdated it to apply from 2022. KRA still wanted their money. Parliament ran to high court. Arguing, - How can KRA tax something we have already declared non taxable retrospectively? In 2026, High court sided with KRA demand of 1B. Now the matter heads to the Court of Appeal. What do you think: - Are MPs employees? - Should their car grants be taxed?

@WashiraX Man! Every case? That is insane discipline. What is driving you to do that?

@TaxGPT Thank you. Every evening, I read every single case published by the tax appeal tribunal & the high court commercial and tax division. If there is any interesting case, I note it down. Then I write & post what I learned about it.

@WashiraX I have showed my co worker this post. We have laughed so hard 🤣. Yaani tunaajiri watu alafu wanajam wao sio waajiriwa? Kenyan mps.

@anembamwale @JoflixO @WashiraX @jaymsy_jay Wachira actually originally authored this yesterday. I saw it. It went viral. He pulled it down. I don't know why. WhatsApp people copied from here. You can see people pressuring him to reshare. Focus. x.com/i/status/20415…

@JoflixO @WashiraX @jaymsy_jay Ya kwenu labda...angalia hapo juu..it was actually from WhatsApp

Kiambu County has shown KRA dust. KRA audited the county. And found the county was collecting serious money from: - Parking fees - Business licenses - Market fees - Renting stalls - Renting stadia - And other county fees Then KRA asked: - Where is our VAT? - If you charge 10,000 for stalls - You should have added 16% VAT So Kiamburians should have paid: 11,600 And the extra 1,600 goes to KRA. But Kiambu did not charge VAT. So KRA became dramatic and said: - No problem. You'll give us that VAT from your own county coffers. It is at that moment that, Gov Wamatangi knew hii si mchezo. He ran to court. He argued: - The county is not a business entity. - It is a government unit performing public functions - It does not operate for profit - The county fees charged are already a form of tax - Charging VAT on them is double taxation - It is illegal The court agreed. And KRA’s VAT demand was set aside. This is a big precedent. It means: - County services should not be inflated by VAT. - Public services are not businesses to charge 16% VAT.

@WashiraX Wachira you are a talented accountant. You have a special way of communicating complex tax issues in street level language.

@WashiraX Why?

Yes.

Mwalimu @WashiraX I am looking for the kiambu county vs KRA post and I can't get it. Kwani ulidelete?

@arkham He deserves it.

JAMES WYNN: HYPERLIQUIDATED James Wynn has just been liquidated shorting Bitcoin. He once had $100M - his account is now down to its last $900.

@ethBanos @FabianoSolana Take it from me.

@TaxGPT @FabianoSolana they announced it retard

Polymarket will be the biggest Airdrop in 2026 Maybe even in crypto history I joined Polymarket in 2023/24 and did a few millions im volume I'm looking at $50k-$100k now

@C_NyaKundiH Washirax showed these criminals how to pay taxes on their loot to clean the money na hawaskii. x.com/WashiraX/statu…

Ksh 500 Million was recovered from the houses of Petroleum PS Mohamed Liban, EPRA boss Daniel Kiptoo, KPC MD Joe Sang, and official Simon Wafula.

Where did @OlimpioCrypto go? May God bless him!

@WashiraX What about drugs money. Does KRA tax that too. If yes, is that not legalizing drug trafficking?

KRA does not reject money because it is dirty. Many people think that the govt does not touch immoral or illegal money. That is not true. KRA taxes everything: - Bribes - Fraud proceeds - Wash wash money - Onlyfans earnings - Mulot boys scam proceeds The question many ask is this. - But how do you SAFELY pay tax on IT? KRA has already thought about that. In the tax return, there is a quiet corner for this. - It’s called “Other Income.” It sits quietly at the far end. It doesn’t even ask you to explain the source. Just declare the amount and pay tax. To KRA money is money. Did you know that?

@WashiraX Hehe. Wee mzee.

@WashiraX In short, tupunguze kiherehere.

A word to someone handling a KRA audit this week. - Never lie to KRA. But do not overshare either. Why? - If you lie to the auditor, you lose credibility. Everything you say going forward becomes suspect. - If you overshare, you expose yourself to more scrutiny. Example: A KRA auditor notices 900K sent to Kabura in December. While casually reviewing your bank statement, he asks: - What was this for? You say: It was for team building in Mombasa. He asks: Who is Kabura? Now two people answer differently. - One says: She is the company finance manager. - Another says: She is the finance manager. Ndiye bibi ya tajiri. The auditor's curiosity is provoked by the 2nd reply. - Is this a genuine expense? - Or a way to move money out of the company thro the wife tax free? More queries are triggered. The first answer was enough. The second answer opened a new audit angle. Lesson. - Lying destroys your credibility - Oversharing multiplies your problems Proverbs 21:23: Those who guard their mouths and their tongues keep themselves from calamity.

@WashiraX @eeKariuki Kariuki hiyo thank you ni ya kejeli kumaanisha haunyiti kitu.

@eeKariuki Thank you Kariuki.

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

@KathyNjeri1 @_Fivo_ @WashiraX OK. So what is the bone of contention then?

@TaxGPT @_Fivo_ @WashiraX If the value tallies with what the property would have been valued at anyway, the govt valued will adopt. This is no miracle. Happens all the time.

@SukaAugustine @WashiraX Suka. But I bought land juzi. The govt valuer asked if I had a sale agreement. When I said yes he adopted the quoted price to assess my stamp duties.

@WashiraX Only that you should know that the sale agreement is irrelevant to extend that the value of the property for purposes of stamp duty has to be assessed and approved by Govt valuer. It is Uplifted if you had undervalued

@_Fivo_ @WashiraX Fivo. I am not saying you are not lying. But I bought land juzi. The govt valuer asked if I had a sale agreement. When I said yes he adopted the quoted price to assess my stamp duties.

@WashiraX You clearly are not conversant with what transpires in a land transaction. Stamp duty is based of the government valuation, not the purchase price indicated in the agreement. This position alone renders your whole tweet erroneous.