Leon

@WashiraX Where can we reach you for accounting as a service?

Imara steel did not come to play with KRA. There is a company called Imara steel. They cook metals to make mabati in Industrial Area, Nairobi. In 2022, as they were busy cooking metals, KRA was busy cooking their tax bill at Times Tower. When KRA was done, what came out was 3.9B. This bill covered 5 years. - 2015, 2016, 2017,2018, 2019 Next morning, KRA airdropped the bill to Imara steel email. When the director arrived at the office, the accountant stormed in. Akamsalimia. Then served him the bill even before chai. The director looked at the numbers. He could not believe it. He thought his magnifying glasses were magnifying the numbers. He removed them. He saw the same mad numbers live live. • 3.9B. He went nuts. • Lesson 1: Never allow your accountant into your office before the tea person. Director ordered the accountant to turn the fans on. There is no electricity. He is now worked up proper. The accountant sneaked out. And immediately embarked on a fault finding mission. He came back with disturbing findings: 1. KRA was out of time for 2015 and 2016. Those years were beyond the 5 year statutory audit limit. Unless there is fraud. KRA had shown no fraud. 2. KRA had assumed 23% profit margins. Figures Imara had never achieved. Wakasema baas. This is it. They wrote an objection / protest letter to KRA. Explained everything. And demonstrated they had paid taxes to the last cent. KRA could not hear any of it. They only wanted 3.9B. In June 2022, KRA rejected the objection. And confirmed Imara must pay the 3.9B. All this time, the accountant is not sleeping nor eating. Amekanyanga tu wire. Then something interesting happened. KRA sent the rejection letter to the wrong email. And never realized. So 60 days passed. No response is received from KRA. Imara knew the law. If KRA does not respond within 60 days, your protest is deemed accepted. They knew they had won. Director called the party. Six months later, in Dec 2022, KRA came back with threats. We want the 3.9B. Pay or we freeze your bank accounts. Imara responded: Guys, but you accepted our objection. KRA said: Noo. We rejected it and emailed you. Here is the proof. Pay us up ASAP. Imara looked at it and said: Guys, that is not our email. Everyone at Times tower got shocked. How did that happen? KRA said: OK the email was wrong. But tax is yours. Lipa. As KRA is doing all this, they are unaware of two dangerous sentences in Kenyan tax law. They read: • KRA cannot audit past 5 years without proving fraud • KRA must respond to objections within 60 days Imara ran to court. - Argued it cannot pay tax on rejection notices served out of time. The tax appeal tribunal agreed the rejection letter was communicated to Imara out of time. But still asked Imara to bring fresh evidence to dispute the tax. Later the Tribunal ruled the evidence was not enough. • Imara was ordered to pay 3.9B. KRA retreated to Times Towers celebrating. Imara ran straight to the high court. - It argued that it cannot pay tax out of rejection notices served to them out of time. The judge looked at the case. Then invoked the 2 dangerous sentences. You remember them? - No audits beyond 5 years without fraud - No rejection after 60 days The judge sided with Imara. - Imara was ordered to pay nothing. - And KRA was ordered to pay legal costs to Imara. Case closed. Lesson 2. • Everyone needs an accountant trained kukanyanga wire. • KRA cannot audit beyond 5 years without proving fraud. • If KRA misses the 60 days, call the party. You have won.

Colonizers deliberately brought a disease (scabies or muhare in Kikuyu) to Kenya. A doctor (medicine man) called Waing'a figured out how to treat it. The colonizers then demonized him and even created a song rebuking him.

You can either declare them under the non-eTIMS expenses by downloading the CSV file and detailing the transactions. You can use this for local purchases e.g airtime by Safaricom, tokens by Kenya Power etc. @KRACare can share their PINs with you for uploading. The CSV will require a supporting document during uploading, so you can attach sample invoices/proof of purchase. For Facebook,Google,Canva etc, declare them under Imported Services (Row 2.2.2 of the Profit and Loss Account) Check out the user guide here: bit.ly/41VlYcX Feel free to DM in case of any challenges:)

@Obuchunju How does she let herself say such dumb stuff? 🙄

We cross over to TV47, where Nairobi Woman Rep Esther Passaris says she looks forward to a day when goons will be hosted at State House by President William Ruto.

It is untenable to shoulder a 1.5% housing levy, 2.75% SHIF deduction, 6% NSSF contribution, and a staggering 30-45% PAYE , only to still grapple with exorbitant school fees, skyrocketing rent, punitive fuel prices, and endless medical fundraisers because SHIF remains woefully inadequate.

The most expensive PRESIDENCY.

Here’s a link to Harvard’s free, self-paced, internationally recognized Python course cs50.harvard.edu/python/

200 shillings a liter? Bro? Mark you, that price will never come down even if the economy improves

@moneyacademyKE Insane

Fuel Prices in East Africa Currently: Kenya: —Petrol: Sh206 —Diesel: Sh206 Uganda: —Petrol: Sh184 —Diesel: Sh177 Rwanda: —Petrol: Sh204 —Diesel: Sh195 Tanzania: —Petrol: Sh190 —Diesel: Sh189 Ethiopia: —Petrol: Sh118 —Diesel: Sh135

@KanyiGitonga @NationAfrica Could be your browser setting or access point. Or even a vpn.

Very impressive

President Ruto promises a 6kg cylinder of cooking gas will cost KES 500 or KES 300 by June 2023.

@AIB_AXYSAfrica Can't login

AIB-AXYS Africa Limited would like to confirm that it has not entered into any negotiated commission arrangements on behalf of clients with portfolios above KES 1 Million. (Thread 👇)

Your Excellency, allow us to comment on this post in which we are of the view that it has missed a few important chapters of international law: 1. Aggression originates from the U.S. and the Israeli regime use of regional water, air and land territories: Based on Article 3(f) of the UN General Assembly Resolution 3314 (XXIX) (Definition of Aggression, 14 December 1974), “The action of a State in allowing its territory, which it has placed at the disposal of another State, to be used by that other State for perpetrating an act of aggression against a third State” constitutes aggression. For months, we had warned neighboring countries—particularly those along the Persian Gulf—that any aggression from their soil against Iran would be met with our inherent right to self‑defense. Despite their denials, numerous attacks against Iran have been launched from U.S. bases in these countries, a small example being the downing of three military aircraft in Kuwait. 2. Violation of Article 2(4) of the UN Charter: The United States and the Israeli regime have violated Article 2(4) , which requires all Members to “refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any state.” Their military aggression against Iran’s sovereignty and territorial integrity is the root cause of the current crisis. 3. Iran’s response is lawful, legitimate self‑defense: Our response has been strictly in exercise of our inherent right to self‑defense, consistent with international law and the principles of proportionality, necessity, and discrimination. Operations have targeted only military bases and assets of the aggressors. After these military installations were struck, enemy military personnel and forces fled into hotels and civilian centers, taking innocent civilians as hostages—a gross violation of the law of armed conflict. 4. The Strait of Hormuz: prior freedom of navigation & current restrictions: Before the U.S.‑Israeli regime military aggression against Iran’s territorial integrity and sovereignty, the Strait of Hormuz was open to all countries. Any current disruption to Persian Gulf security or maritime traffic is a direct consequence of that aggression, and full responsibility lies with the aggressors. As the coastal state, Iran has introduced necessary restrictions to ensure safe passage. Vessels belonging to non‑belligerent countries may conduct innocent passage in coordination with Iran. Clearly, vessels of belligerent parties—especially the U.S. and the terrorist Israeli regime, as well as those serving their interests—cannot use this waterway. 5. Call on all free and independent nations: The Islamic Republic of Iran expects all free and independent nations to stand on the right side of history and condemn the aggressors. We reaffirm our readiness for diplomatic solutions based on mutual respect and international law, but will not hesitate to defend our sovereignty, territorial integrity, and national security. Thank you Excellency for paying due consideration the the above facts.

@citizentvkenya Zimeni tv

First Lady Rachel Ruto: It has never stopped pouring since we prayed for rain on February 14, 2023

The current plan to destroy Nairobi National Park for a parking space is not development but a loss. Protected areas are our life-support systems. We call for the halting of clearing and protection of our park as once it is gone, it is gone forever. #ProtectNairobiNationalPark

Nairobi National Park is under pressure. Friends of Karura Forest stand with @FoNNaPKenya to immediately stop the destruction of 100 acres of upland forest in Nairobi National Park. Reports confirm tree clearing linked to plans for the new Animal Orphanage and a 1,300-vehicle parking area tied to the Bomas project. Kenya’s national parks are not parking lots! Petition link: docs.google.com/forms/d/e/1FAI… #SaveNNP #SaveKenyaForests

@Ryanair No lie that's hilarious

finally celebrating something