Kelvin Mungai

JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project.

What is your worst habit?

KRA can freeze your bank account without warning. Just like that. You wake up one day: - You cannot withdraw - You cannot send money - You can only deposit. Here is how they work. When you owe KRA taxes, they first send you demand emails. Polite, but with small threats. - “Shisabula, pay us within 7 days or enforcement action will follow.” Most people ignore them. Or hope it will sort itself out. Next move, - If you do not pay them within time or - Or you don’t respond to negotiate a payment plan They send a freeze letter to all banks instant. It reads like this. - Freeze any bank accounts belonging to Shisabula of ID no. 123355. It is your bank branch manager that will call in the morning to notify you that you cannot withdraw. Unfortunately, this can happen: - Even when you are disputing the tax - Even when you think the assessment is wrong KRA freezes first. You can explain later. And I have no clue how kra senses it, But most of the time, they freeze accounts when you need the money the most. This is what they did to our boy Morara. Lessons: - Do not ignore KRA emails and notices - Do not accumulate tax issues quietly - Do not assume “it will sort itself out” - And most important. Stack cash in your house when fighting with KRA. Cash is King.