John innocent

Raise Your Standards

[John innocent @_johninnocent]

@NSE_Investors Day 2

[John innocent @_johninnocent]

@NSE_Investors @WaruhiuFranklin Day 2

[John innocent @_johninnocent]

@kahome_steve Investing Journey day 1

[John innocent @_johninnocent]

@cheruiyotkb Day 1 of sharing progress

[John innocent @_johninnocent]

Investing Journey day 1
@TheAbojani @cheruiyotkb @kahome_steve @EACinvestor @TheAlphaThought

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

Unpopular opinion...

There is no point in investing your money in equities or equity funds if you're going to spend sleepless nights due to short-term volatility.

[Save A Man @Save_A_Man]

HOW TO INCREASE YOUR AURA:

1. Don’t talk about your plans, show results.
2. Smile with your mouth closed.
3. Nod, instead of saying yes.
4. Don’t talk that much about yourself.
5. Don’t always be available.
6. Have a firm handshake.
7. Speak calmly and deliberately.
8. Dress in a clean, confident style.
9. Be comfortable with silence.

[CPA Wachira Joseph @WashiraX]

You can give land to your brother as a gift... And KRA will still tax you.

I know it sounds insane.

But I can explain.

Many Kenyans rely on what they believe is a powerful rule. That,

- Gifting property to an immediate family member is exempt from CGT.

Which is 100% true.

But here is the real question:

- Is your brother an immediate family member for tax purposes?

In real life, of course he is.

But in tax law… he is not.

The rather mean looking drafters of the tax law were very specific.

- For this CGT exemption, immediate family means your children only.

Nothing more.

- Not your parents
- Not your brother
- Not even your good sister

So,

If you bought land for 2M years ago.

Today it is worth 10M.

You decide to gift the land to your brother.

- The moment he pays the stamp duty, the land registry signals KRA.

KRA puts on its glasses and asks one question:

- What is the market value of that land?

If the land is worth 10M, CGT is computed as:

- (10M − 2M) × 15%

- You end up paying 1.2M tax.

Even though you gave the land away for free.

Because,

A gift is still treated like a sale.

This is one of the most misunderstood tax traps in Kenya.

Have you been a victim of this trap?

Is this law fair?

[CPA Wachira Joseph @WashiraX]

What should you choose?

Turn over Tax (TOT) or Ordinary Income Tax?

And what is the difference?

These are the 2 types of the income tax we have in Kenya.

- ToT, taxes your total sales. You do not deduct even a single expense.
- Tax rate = 1.5% of sales.

- Income tax, taxes your profits. Sales minus expenses.
- Tax rate = 30% of profits for companies. And between 10-35% of profits for individuals.

Many small business owners choose TOT because:

- It is simple.
- 1.5% tax is small.

But small compared to what?

Here’s what actually matters.

Turnover Tax (TOT):

- Applies to businesses with turnover between Ksh 1M – 25M
- Does NOT apply to professional or consultancy or rental income

The biggest mistake most people make is:

They focus on the rate.
And ignore their profit margins.

I can explain, with the aid of a diagram.

Example 1:
Monthly sales: 1,000,000
Profit margin: 10%
Profit: 100,000

TOT → 1.5% of 1,000,000 = 15,000
Ordinary income tax → 30% of 100,000 = 30,000

TOT wins hands down.

Now reduce margin to 5%.

Profit: 50,000

TOT → 15,000
Ordinary → 15,000

Break even.

Reduce margin to 3%.

Profit: 30,000

TOT → 15,000
Ordinary → 9,000

Ordinary income tax wins here.

Key takeaway:

- High-margin eligible businesses → TOT makes sense.

- Low-margin businesses → Ordinary income tax makes sense.

In simple terms:

- Your margin decides.
- Your business type decides.

You did not start a business to work for KRA.
You started it to put money in your pocket.

Choose wisely!

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

FY2025 LISTED BANKS PROFITS AFTER TAX SO FAR:

1⃣ Absa: +9.7% to Ksh 22.9 Bn
2⃣Stanbic : + 0.02% to Ksh 13.7 Bn
3⃣KCB : +11% to Ksh 68.4 Bn

4⃣

Up Next, Equity, StanChart, I&M, DTB, HF Group, NCBA, COOP

[Gichuki Kahome @kahome_steve]

Taxes on returns from various asset classes:

1. Infrastructure Bonds (IFB) - Tax free

2. Eurobonds- Tax free

3. Fixed coupon bonds : 10 - 15% WHT depending on the bond’s tenor

4.Sacco dividends - 5% WHT

5. Sacco rebates - 5% WHT

6. Dividends from stocks - 5% WHT

7. Money Market Funds (MMF) - 15% Withholding Tax (WHT)

8. Rental Income - 7.5%

[Listen Brother @Listen_Brothers]

HOW TO EARN RESPECT AS A MAN,

1. Do not call anyone more than twice.
2. Do not be more friendly than necessary with anyone.
3. Do not share your personal goals with people who don't support you.
4. Talk less observe more.
5. Do not let anyone know your next move.
6. Build multiple income streams to secure your independence.
7. If it's not necessary to speak stay silent.
8. Do only what aligns with your principles.
9. If someone has added value to your life never forget to show gratitude.
10. Never argue to prove your worth let your results speak for you.

[CPA Wachira Joseph @WashiraX]

If you own multiple homes,

And you want to sell the one you rarely use,

The one that became an occasional Airbnb.

Do the math.

If you sell it immediately,

KRA will charge 15% Capital Gains Tax on the profit made.

But if you relocate into that home and ACTUALLY live there for the next 3 years,

You will sell it tax free.

- Sale of your primary home after living there for 3+ years is exempt from Capital Gains Tax.

So, when KRA calls to demand their share, explain to them those facts.

And you will walk away with your money intact.

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

Common types of assets you can own:

1. Financial Assets : Stocks, Bonds, Money Market Funds , cash

2. Real Assets : Real Estate, your home, your car, commodities like agricultural products,

3. Intellectual Assets : Brand Value, goodwill, patent rights

4. Alternative Assets - Private equity, gold and precious metals

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

12 Most Important Documents You Should Always Keep Safe

1. Passports, IDs

2. Medical records

3. Vehicle log books

4. Insurance policies

5. Employment records

6. Wills or trust deeds

7. Education certificates

8. Marriage and divorce papers

9. Mortgage and charge documents

10. Business partnership agreements

11. Title deeds, home plans, and surveys

12. Family birth certificates, adoption papers, and death certificates

What else would you add?

[Finance Historian|Investor|Farmer @BoardLotSultan]

BANKS dividend announcements! 🏦
​Here’s the lineup:
🔹 March 5: Absa
🔹 March 11: Stanbic & KCB
🔹 March 13: Co-op
🔹 March 17: Equity
🔹 March 18: SCBK
🔹 March 19: I&M
🔹 March 20: DTB
🔹 March 23: Citi & HF
🔹 March 24: Family, Prime Bank
🔹 March 25: Kakuzi
🔹 March 26: NCBA

[Market Cap Trainers @NSE_Investors]

Quick trading tip: Use limit orders for retail trades on the exchange
They control execution price and reduce impulse buys. Discipline > luck

[East African Community Investor @EACinvestor]

When building wealth, be intentional on what assets you own. Below are taxes on most sources of income in 🇰🇪

IFB: 0%
Capital gains 0%
Dividends: 5%
Rental: 7.5% (gross)
Bonds over 10 ears: 10%
MMFs/T-Bills/Bonds under 10 years: 15%
Salary: 10-35%
Businesses:
Corporate: 30%
Small Business: TOT 1.5% gross/month
Sole proprietorship: 10-35%

The more passive your income gets, the less you pay in taxes, & the faster you can compound your wealth. Tax planning should be one of the main factors in asset allocation.

[John innocent @_johninnocent]

@TheAbojani Williamson
Carbacid
Stanchart
Stanbic

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

Dear Entrepreneur,

Keep six months of business cash and 12 months of personal cash at all times