@Mrwhiskersk@WashiraX@Arumxin1 Then buy where you are given etr vat receipt.
Eventually when Eastleigh lacks customers, they will comply.
Do not facilitate non compliance.
Hello Mwalimu @WashiraX. I hope this finds you well. Did you postpone today's tax class? I am eager to see who else thought his spectacles had been hacked. π
@WashiraX Mzee ni muwise mbaya. In the end the goal is to own those real assets. The globalists are not chasing shares. They are chasing land, minerals, food control, forests, animals, water bodies,.
So ukifika mita uza nunua shamba.
@WashiraX "When Kamau saw the tax bill, he went mad. He could try to talk but words would not come out. He nearly swallowed his tongue."
Wachira, when hr sacks me, nitakuletea bibi na watoto wangu wote uwalee. Ukaage ukijua hivo.
Timing is everything in Capital Gains Tax in Kenya.
Long ago, there was a son called mwana mpotevu.
He asked his father for his inheritance.
Immediately his father handed it to him, he sold it and disappeared to cruise with the rich kids in the city.
He was the one saying in the clubs.
But what the sharp girls and moori showed him shall remain one for the books.
β’ Lesson 1: Only gachari ka Ruaka can relate.
If you are about to sell your inheritance, check your calendar first.
Otherwise, KRA will happily check it for you.
- Basically, Capital Gains Tax = property sales price minus acquiring cost.
β’ If you sell the land before 5 years are over, the cost is the price your parent paid say in 2003.
You will pay higher taxes for being impatient.
β’ If you sell after 5 years, say on the sixth year, the cost becomes the market value at the time you inherited the property. 5 years ago.
So you pay lower capital gains taxes for being patient.
This is one of the least known tax traps in Kenya.
Lesson 2.
- Patience is a super power in tax planning.
So, subira mwanangu.
Hi CPA Wachira @WashiraX,
God bless you. Iβve been following your threads on the Finance Bill 2026 and I must say they are the clearest and most helpful Iβve come across. Thank you for breaking things down so boldly and simply.
Appreciate the great work! π
@WashiraX@KRACorporate@KRACare "Then I sent the timesheet to the client. Ndio aongeze mshahara. Client akajam vibaya sana karibu anipige."
I swear the day HR will sack me, nitakuletea bibi na watoto wangu wote uwalee. Ukaage ukijua hivo.
@WashiraX "The director looked at the numbers. He could not believe it. He thought his magnifying glasses were magnifying the numbers. He removed them.
He saw the same mad numbers live live."
I swear the day HR will sack me, nitakuletea bibi na watoto wangu uwalee. Ukae ukijua hivyo.