Nancy Amunga

Business woman I Africa Achievers Awards Honoree I Commonwealth Young Entrepreneur of the year I

[Nancy Amunga @Nancyamunga]

The simple girl who has defied all odds and refused to give up! This is me, with HRH Prince Charles & Looking on is the Senior Director at the Commonwealth Prof. Luis Franceschi.

Continue doing what you do, keep pushing because one day, God will prepare the

[Nancy Amunga @Nancyamunga]

@NeroChe563087 @Kivutss Lol 😆

[Nancy Amunga @Nancyamunga]

@eagleseyeinc Very insightful/valid points. Number 2; when you are in a high season, maximise so that when the low season comes, you have something to hang onto until your next high season. Life is about seasons and seasons fluctuate

[Nancy Amunga @Nancyamunga]

@SamuelC48197 @eagleseyeinc In case you're called for a very important/life changing opportunity, in a short period, you just wear and go without wasting time with things like ironing/styling.

[Nancy Amunga @Nancyamunga]

@emotlhasedi01 @eagleseyeinc Have some hard cash with you, in case of emergencies and the bank/digital networks are down.

[Nancy Amunga @Nancyamunga]

Wearing @Daimaafricake_ with a smile 🥰

[Nancy Amunga @Nancyamunga]

@SamsungMobile #stop

[Nancy Amunga @Nancyamunga]

@SamsungMobile Stop

[kickVerse @KickVerseX]

I’m such a "thank you" type of person because I know you didn't have to, but you did.

[Nancy Amunga @Nancyamunga]

@ick_real A strong community and support system.

[Nancy Amunga @Nancyamunga]

@Dearme2_ Yes. At times you listen to a conversation and you feel it's way below your intellectual capability. You just can't relate. Nothing personal.

[Nancy Amunga @Nancyamunga]

@odedanilo Reading and watching programs with well thought out conversations!

[Nancy Amunga @Nancyamunga]

@Timmysofine You want to be medium rich . Makes sense.

[Nancy Amunga @Nancyamunga]

@papiwontmiss Yes. Happens a lot. At times I use words then get amazed later. The more you read, your brain registers then one day, it surprises you!

[Nancy Amunga @Nancyamunga]

@Mr_Husky1 Several times and it feels good.

[Nancy Amunga @Nancyamunga]

@BellaBaddie__ Immediately!

[Nancy Amunga @Nancyamunga]

@CrazyVibes_1 It's not ugly.

[Nancy Amunga @Nancyamunga]

@ChisomAgbafor We orbit usefulness! So profound.

[Nancy Amunga @Nancyamunga]

@SwiftieLee1 Yap. Being friends with individuals is more deep as opposed to cliques

[CPA Wachira Joseph @WashiraX]

KRA has been given a new weapon.

Tax all the money in bank and mpesa.

But do not be alarmed.

In simple terms.

Money entering your bank account is now presumed to be income.
Unless you can prove it is not.

Yes. Even if it’s “not business”.

For example

- Friends send you money to “hold”
- Chamas pass money through your account
- Your wife blesses your mpesa
- Someone refunds you cash
- You receive family support because you live in Nairobi
- You sell land, a car, or livestock
- Random deposits keep coming in

KRA’s question is simple:

“What is this money?”

And now YOU must explain.

What people wrongly assume

- “It’s my personal account”
- “It’s not profit”
- “KRA must prove it’s income”

Court said

Money in the bank = income by default

Burden of proof is on you

If you can’t explain = KRA can tax it

Result

- Unexplained deposits = taxable income
- Penalties & interest follow
- Maximum chest pains

Simple solution:

- Money in
- Explain it
- Or pay tax on it

[Nancy Amunga @Nancyamunga]

@OrevaZSN Casual researching. That's how it should be.