Oluoch

| Finance | Tax | Audit & Risk | Strategy |

[Oluoch @ItsOluoch]

@moneyacademyKE Only the unwise would want this stopped.

[Oluoch @ItsOluoch]

@fnoluga @Branicemercy @WheldonOlack ujoma rach e sirkal manade?

[Oluoch @ItsOluoch]

@SethOlale What about billions stolen and stashed in offshore accounts?

[Oluoch @ItsOluoch]

@SethOlale @OtigoOmondi

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

It’s rarely the big expenses that completely ruin a monthly budget; it’s the "leaks" that drain your account without you noticing.

Take 10 minutes today to log into your bank and mobile money statements. Look for ghost subscriptions, recurring fees, and convenience spending:
➡ Premium subscriptions you aren't actively using.
➡ Free trials you forgot to cancel.
➡ ‘Minor’ purchases that you don’t budget for but make everyday.
➡ Excessive convenience fees from apps you could easily optimize.

Such spending compounded over a year becomes a significant amount of capital that could be earning interest in an asset instead.

[Oluoch @ItsOluoch]

@pitandirangu Happy birthday kiongos!

[Oluoch @ItsOluoch]

This was an insightful discussion in my own language led by CPA @DennisKere. You may want to watch it.
https://t.co/uBQdUwX9JC

[Oluoch @ItsOluoch]

@WashiraX Try it out at night, when the traffic is low.

[Julians Amboko @AmbokoJH]

Some scenario mapping by Coca Cola regarding Finance Bill 2026's proposal to amend the First schedule of the Excise Duty Act & slap Kes 20/litre excise on fruit juices.

The firm says there's a risk the proposal if implemented will:

· Translate into an increase of Kes 5.86/litre, translating to a 41.5% rise in excise duty on sweetened juice products
· Increase the cost of juice production by 41.0% & decrease overall profitability by 9.0%
· Translate into an 8.6% decline in income tax remittance to the Revenue Authority
· Translate into a 14.0% decline in import duty as declining volumes impact demand for raw materials

[Oluoch @ItsOluoch]

@stats_feed Media

[The Spectator Index @spectatorindex]

BREAKING: Oil prices fall by 5%

[Citizen TV Kenya @citizentvkenya]

I speak because it is important to communicate this to the people and start preparing ourselves psychologically for more difficult times ahead- Prime CS Mudavadi

[Oluoch @ItsOluoch]

@ahmednasirlaw This is Ruto's administration, your preferred presidential candidate 2022 election. Utatii babu.

[Moe @moneyacademyKE]

Kenya Bankers Association has proposed new PAYE bands under the Finance Bill 2026:

Up to Sh30,000 → 10%
Sh30,001–38,333 → 20%
Sh38,334–500,000 → 25%
Sh500,001–800,000 → 27.5%
Above Sh800,000 → 30%

They also propose increasing personal relief from Sh2,400 to Sh3,000.

[CPA Wachira Joseph @WashiraX]

Finance Bill 2026 is asking for permission to kill local businesses.

Right now, if your company makes profits, you can choose to:

• Reinvest profits back to business
• Or distribute it as dividends to shareholders

Finance Bill 2026 wants that removed. And be replaced by one hard rule. That,

• At least 60% of your profits can be treated as dividends by KRA. Even if you did NOT distribute anything.

“At least” means minimum.

KRA can push it to: 70%, 80% even 90% if they don't like you.

Read that again.

Meaning:

• If you reinvest all your profits in your business, KRA will says:

- Noo. At least 60% must be distributed to shareholders. And since you didn’t, we will assume you did, and demand dividend tax from you.

As a result:
• You are taxed on money you never paid out
• 5%–15% withholding tax on “deemed” dividends

Who is in cooked?
• SMEs reinvesting profits to expand
• Manufacturing businesses expanding
• Real estate firms with paper profits but no cash

Who is safe?
• SEZ companies
• NIFC companies
• REITs
Because their dividends are already exempt.

But for everyone else, this is a forced dividend rule.

The govt is no longer waiting for you to run your business. They want KRA to run it for you.

Is this fair taxation? Or forced extraction?

[Mwango Capital @MwangoCapital]

Another massive attack on businesses through the Finance Bill 2026:

—KRA is set to get new powers to demand withholding tax on 60% of unexplained retained earnings, targeting companies that retain profits instead of distributing dividends.

—The proposal would allow KRA to treat part of unexplained retained earnings as deemed dividends, exposing local shareholders to 10% withholding tax and foreign shareholders to 15%.

https://t.co/bTVWR0Qzcw

[Moe @moneyacademyKE]

KRA will now tax companies on some of their retained profits.

If a company does not pay out at least 60% of its profits as dividends, KRA will treat part of the remaining profit as “deemed dividends” and tax it, under finance bill 2026.

[CPA Wachira Joseph @WashiraX]

Just in just now.

- KRA has just suspended the one dangerous column.

- You no longer require the supplier PIN to file 2025 tax return.

Enjoy your filing!

[Oluoch @ItsOluoch]

@citizentvkenya What is the levy maintaining if our roads are full of potholes already? Is it maintaining your stomachs?

[Oluoch @ItsOluoch]

@Legend_Kimathi @ggiste Alafu ubebee mbuzi mia. Hesabu zingine zashangaza sana. Huyo ni wa 8.4.4 kweli?