MM Richard

The Art of productive paranoia| Credibility_Professionalism_Accountability

[MM Richard @MwangomeRM]

The essence of leadership is being able to help others succeed.....and make a difference

[MM Richard @MwangomeRM]

Hail can strip a bush bare in an afternoon. To a passer-by, it looks finished. The farmer looks at the roots, keeps tending, and within weeks new leaves come through. (c) Dr. Joshua Oigara

[The Biblical Man @Biblicalman]

Jesus knew He was about to raise Lazarus.

He still wept.

Some Christians would’ve told Him to speak life and stop being negative.

Imagine correcting Jesus because He doesn’t sound like your pastor.

[The Biblical Man @Biblicalman]

The church in Acts had no growth strategy.

No attendance contest.
No fog machine.
No celebrity in the pulpit.
No capital campaign.
No consultant.
No coffee bar.
No app.

Their leaders were fishermen and a tax collector. The council's own record calls them "unlearned and ignorant men."

They had prayer. The Holy Ghost. Men who would die.

And they "turned the world upside down."

Acts 4:13. Acts 17:6.

[CPA Wachira Joseph @WashiraX]

iTax is totally unusable.

It has been this way for several weeks now.

Taxpayers and accountants are struggling to get basic things like filing done.

@KRACare , please fix iTax.

[🕊️ @lichthauch]

The children who think feeding the leaves water will revive the plant do not understand roots. they cannot conceive of an underground, or grasp the idea of something unseen being responsible for what is visible - in this way children are a lot like grown men. grown men who believe that changing a few behaviors will change what dwells in the hidden parts of themselves. the leaves wither because of what happens in the roots, and the roots stretch far below where anyone can see

[WAᴍᴜʏᴜ😍 @Sesyline_KE]

Huyu tailor aki atatembea miguu hadi kwa shetani coz he did her dirty😂

[MM Richard @MwangomeRM]

@AIRTEL_KE What happens when you don't use or on the other hand exceed the daily data limit on the monthly smarta bundles package

[Market Minds @MarketMinds101]

@moneyacademyKE KRA spent the entire month of June running caravan roadshows telling us to file early, but didn't spend a single shilling upgrading their server bandwidth to handle the traffic. Classic. 💀 #iTax

[Deloitte Kenya @DeloitteKenya]

As we continue to unpack the Finance Bill 2026, Deloitte Kenya will be represented on @citizentvkenya X Spaces this Thursday, 4 June at 8pm. Fredrick Kimotho (Associate Director Tax & Legal, Deloitte Kenya) will join a panel of experts to discuss the Bill’s key implications for business and the economy.

Interested in joining the conversation? Tune in to hear practical perspectives and policy insights by visiting the link here: https://t.co/NjD9gSnnqY.

#FinanceBill2026 #DeloitteKenya #TaxPolicy

[MM Richard @MwangomeRM]

@ICPAK_Kenya @FamilyBankKenya Great, Is this credit card enabled for international use?

[Illimitable Man (IM) @SovereignIM]

There are many women who are beautiful to a man's eyes, but there are very few who are beautiful to a man's soul.

[Sahil Bloom @SahilBloom]

A mentor told me this: “Always assume things will work out, then do the work to make it true.” I’ve found the combination creates a quiet confidence that allows you to tolerate uncertainty better than anything else. I’ll never forget that.

[TB4A.com @TheBig4Tweets]

there are too many accounting & tax rules. my brain hurts

[MM Richard @MwangomeRM]

Mambo yako haya @nyi

[🛑 mocking the PEOPLE @alextopol]

WHY DID THEY REDUCE OUR BODY TEMPERATURE

In 1851, German physician Karl Reinhold August Wunderlich measured the body temperatures of 25,000 patients and set the standard: 37°C or 98.6°F. This value has been taught in every medical textbook for over 170 years. However, in 2020,

[Gichuki Kahome @kahome_steve]

People never seem to understand how land can quickly be a bad investment:

1. Undeveloped land doesn't generate any cash flows.

2. Land is very illiquid. Selling land as an individual in most places is hard.

3. What's the metric you use to value land? For most people it's all about speculation.

4. You may spend your entire life in court due settling land disputes

How many kenyans are stuck with idle plots of land in the middle of nowhere?

[MM Richard @MwangomeRM]

@NyiroClement @jilani_11 @HomeNKilifi @the_Mday Good of you @NyiroClement to have exercised your civic duties.

[Iyin😎 @O_ladele]

Meanwhile, accountants are fighting for their lives.

Some are sending auditors schedules that doesn't tie to the trial balance.

Auditors, on the other hand, don't even know what they are doing.

Internal auditors just appear to have a natural rivalry with external auditors and they hate accountants.😭

[CPA Peter Ndirangu @pitandirangu]

UNDERSTANDING WITHHOLDING TAX AND TAX RETURN FILING UNDER KENYA TAX REGIME

ARE THEY FINAL TAX ?

Some are, some are not——

Let’s dive

Withholding tax is a tax withheld at source by person or an entity making payments for services offered or for income earned through a scheme or an investment. You must have encountered this if you are a consultant or a supplier and you were asking yourself why you couldn’t receive the full amount as invoiced!

The withholding agent remits the amount withheld as Tax to the Tax authority on your behalf and the same is communicated to you through a Withholding certificate issued by the Tax authority. Not all income are subject to withholding Tax in Kenya;

Examples of payments/ incomes subject to withholding tax include, among others:
• Management, professional or training fees
• Consultancy fees, Legal fees, Audit fees
• Contractual fees • Winnings
• Appearance at or performance to entertain
• Royalties
• Interest
• Dividends

Some withholding Tax are final while others are not.

If a withholding Tax is final, it means that you are not expected to pay more tax on the income received and hence you are not required to declare that income again when filing the annual Tax return.

If the withholding Tax is not final , it mean that , the tax withheld is deemed as a tax paid in advance which should be offset with the tax payable upon declaration of that income and all other incomes while filing of the annual return.

This means that you will have to declare the income earned wile filing the return, deduct any allowable expense as provided for by the income Tax Act
(Sec 15) and pay any balance of tax after offsetting the Tax withheld at the source.

SO; WHEN IS WITHHOLNG TAX A FINAL TAX
1. When its a withholding Tax on qualifying dividends paid to a Kenyan resident
2. When its a Withholding tax on qualifying interest paid to a Kenyan resident
3. When its a Withholding Tax on a payment to a non-resident person
4. When its a Withholding Tax on interest income from MMF

WHEN IS WITHHOLNG TAX NOT FINAL TAX?

If a withholding Tax is charged on the following income, you should know that it’s not a final tax and hence you are expected while doing your annual returns to declare that income and pay any balance of tax to the Tax man.

1. Withholding tax on non-qualifying interest income
2. Withholding tax on management and professional consultancy fee
3. Withholding Tax charged on insurance commissions
4. Withholding Tax on Legal fees and Contractual fees

If you received such income and a withholding Tax was charged; now you know it was not a final tax and hence you should declare that income when filing your returns .

Disclaimer; This is for information purpose only and any omission does not absolve you from making an accurate return to the expectation of the Taxman. -END-

[Sheila of the Most High @sheilatebra]

I never thought about this until now but women in the Bible never had to go into the wilderness. Moses? 40 years. Jesus? 40 days. David? years running from Saul. but women? God met them RIGHT WHERE THEY WERE. Hagar in the desert, God came TO her. Mary at home, the angel came TO her. women don’t have to GO find God in isolation. God comes TO the feminine.