Chief Kivoi Mwendwa

Tech Explorer || 👨‍💻 Decoding the Digital Realm with a Curious Mind 🧠 || Politics & Governance Enthusiast || Tweets Fueled by Curiosity and Caffeine ☕ ||

[CPA Wachira Joseph @WashiraX]

Kenyan tax law is tricky, and sometimes entertaining.

There are guys called H-N-F.
High Networth Freelancers.

They earn in dollars. Think in dollars. And price everything in dollars.

They have made life particulary difficult for agents. I heard one casually say.

- I get the rent is Ksh 180k, but how much is that in dollars?

And before the agent could reach for the calculator. He told him to forget about it.

But now,

In Kenya, taxes are crazy.

A freelancer earning 10M annually,

Pay taxes worth 3M shillings.

• That is 30%.

They do not like that. So they get creative.

They look for low-tax countries:

- Dubai, Mauritius, cayman islands, etc.

They register brief case companies there.

- As sole directors & sole shareholders.

Clients pay directly to those companies.

The company pays Zero or very low tax.

• Then sends money to Kenya as dividends. Withholding tax about ~5%

- So tax drops from 30% to 5%.

Same 10m. Tax now 500,000.

But unknown to them. There is one dangerous sentence chilling quietly in Kenyan tax law.

It reads:

• Any company managed and controlled from Kenya, is a Kenyan resident company.

Meaning:
- You own the company in Cayman
- But run it from your laptop in Nairobi

That is a Kenyan company.

And Kenyan companies must pay Kenyan taxes.

So one day KRA audits the freelancer. He pays zero taxes in Kenya.

He says he earns dividend from his Cayman company.

KRA asks for the registration documents. And finds he is the sole director.

- KRA Taxes the company in Kenya
- Adds penalties for tax evasion
- And goes for him as the representative to pay

Lesson.

• Structure your offshore company properly.

• Or KRA will structure it for you.

[kaarí murungí @kaari_murungi]

Happy birthday, wuod nyar mayanga @orengo_james
Jowi !

[Chief Kivoi Mwendwa @JapheKE_]

@NCBABankKenya Which personal digital loan are you talking about. Are you not ashamed of posting this knowing very well that the system is down for 7 days now?

[Chief Kivoi Mwendwa @JapheKE_]

@NCBABankKenya But fixing the Digital Loan System is where you draw the line. It's now 7 days

[Chief Kivoi Mwendwa @JapheKE_]

@NCBABankKenya But fixing the Digital Loan System is where you draw the line. It's now 7 days

[Chief Kivoi Mwendwa @JapheKE_]

@RodgersKipembe @edwinsifuna Wewe kinembe

[Chief Kivoi Mwendwa @JapheKE_]

@NCBABankKenya Honestly, which details should I provide and you know very well your personal digital loan system is not working since last Saturday and you keep on telling your customers that it's being fixed?

Just fix that? Which details do you want from me for you to fix your system?

[Chief Kivoi Mwendwa @JapheKE_]

@NCBABankKenya is now the most useless bank ever. Like their Digital Loan system has been down for 7 days now. When you call them, they tell you there is a technical issue that is being handled.

A bank that is unable to fix a technical issue in 7 days is a useless bank.

[Chief Kivoi Mwendwa @JapheKE_]

@KenyanJamii You are advertising this yet the system is down since Saturday and no one bothers to fix it. Are you normal?

[𝗞 𝗔 𝗡 𝗚 𝗘 𝗧 𝗛 𝗘™🇰🇪 @Realkangethe]

Kibaki’s 2003 Cabinet was a team of thinkers Raila at Roads, Kalonzo at Foreign Affairs, Ngilu at Health, Karua at Water, Michuki at Transport, Saitoti at Education, Mukhisa Kituyi at Trade men and women who worked, delivered, and let results speak.

Kibaki led with wisdom, not ego. He built systems, not followers. He trusted competence, not loyalty.

Today, we have a “know-it-all” president who believes his word is law and questioning him is rebellion. A man obsessed with control, allergic to advice, and surrounded by echo chambers.

Kibaki’s legacy was teamwork and delivery.
Ruto’s legacy is noise, arrogance, and excuses.

[Pauline Njoroge @paulinenjoroge]

Well said Ndindi!
Wakenya sio wajinga

[Chief Kivoi Mwendwa @JapheKE_]

Arsenal vs Liverpool is best lived in the moment. AFTV is in Kenya. Enjoy Music by Dj Grauchi, Dj Deewiz, Dj E-lye, Acoustic, Hosted by Azeezah & Kerry Martin.

Purchase your ticket for only 1500/- on https://t.co/4HjjlVnH6v.

#AFTVgoesWildAtKonqa #TwendeKonqaRuaka

[Dr. Miguna Miguna @MigunaMiguna]

Who authorized the June 25, 2024 deployment of the @kdfinfo soldiers on Kenyan streets? Under what law?

#RutoMustGoNow
#RailaRutoMustGo

[Chief Kivoi Mwendwa @JapheKE_]

Watching BBC News release such a heavy exposé reminds me of the kind of country I live in. If that documentary had been done by any Kenyan media house, it would never have seen the light of day — they would have been compromised long ago!

[Chief Kivoi Mwendwa @JapheKE_]

Speaking during a televised interview, Gachagua claimed that for every Cabinet Secretary post awarded to Mt. Kenya, a Kalenjin Principal Secretary was strategically positioned beneath them — but with more actual authority.

[Chief Kivoi Mwendwa @JapheKE_]

Rigathi Gachagua has alleged that Cabinet Secretaries from the Mt. Kenya region were deliberately weakened within the government structure.

[Chief Kivoi Mwendwa @JapheKE_]

"The blood of the Gen Z who were killed is haunting him. Even at the Pope’s funeral, he was handed a candle, and it refused to light," Gachagua said.

He further suggested that Ruto’s troubled conscience will continue to weigh heavily on him.

[Chief Kivoi Mwendwa @JapheKE_]

Former DP Rigathi Gachagua has alleged that President William Ruto is being haunted by the blood of Gen Z protesters killed during recent demonstrations.

Speaking during a Tv interview, Gachagua claimed that Ruto has been unable to find peace or sleep since the deaths.

[Chief Kivoi Mwendwa @JapheKE_]

BREAKING NEWS: High Court upholds impeachment of Meru Governor Kawira Mwangaza. Justice Mwamuye rules it was lawful and constitutional.

[Chief Kivoi Mwendwa @JapheKE_]

The enigma of Kenyan politics, Raila Odinga, is set to make a big announcement today. What are you expecting?