There’s a scene in Breaking Bad where Walter White’s wife realizes he’s made $7.5 million and says:
“There’s no way we can wash this money through a car wash. No car wash in the world makes that kind of money in a year.”
That line hit me. Because it exposes a truth most people ignore: How much you earn is capped by the kind of business you run.
You can work harder, stay longer, even get smarter - but you’ll never make more than what your business model is designed to carry.
@Thuranira_1 I always tell people use eTIMS when getting your expenses, and flag out most of the sale when selling. Keep your receipts, invoices, and all supporting documents. The rule is simple never let your sales exceed your expenses. The sharp ones will understand
If KRA freezes your bank account, you’ll instantly understand why proper expense records matter.
You’ll be hit with a tax assessment running into the millions and suddenly you will be forced to defend yourself, proving that what they assessed isn’t the real picture because you had business expenses, soft loans and other deductible items.If you don't have proof of expenditure,you're cooked.