Walter Ekanusur

SME Development,Taxation, PM and Consultancy. SME Business Support.

[Walter Ekanusur @ekanusur]

Truth as it is

[CPA Wachira Joseph @WashiraX]

Hide your KRA PINs guys.

Why?

Tax cheaters are hunting for them.

Why?

- Many people do not have eTIMS receipts to support expenses for 2025.

- And KRA has now allowed deduction of such expenses.

But with conditions.

- One must send a list of those expenses to KRA before filing.
- And include the supplier’s KRA PIN.

Here is the catch.

- Cheaters will use any PIN they can find.
- Yours included.

Later, KRA will come for you with stories like:

- Vipi bro. We can see you sold goods worth 10M.
- But you only declared employment income.

Or,

- Mzee you declared 2M, but we can see 10M in sales. We want tax on the other 8M.

Simply because your PIN is sitting in someone else’s expenses.

Yet you did not sell such figures.

You will waste a lot of time cursing, emailing, visiting, and calling KRA to explain unaekelewa.

Protect your PIN!

[Eddie Mors| The Flying African🇰🇪🇺🇬 @EddieMors1]

Leo tunaona mambo mambo mzuri

[Walter Ekanusur @ekanusur]

@Moha001_Onyango Fasting is interesting

[Walter Ekanusur @ekanusur]

Make your choice....

[Mihr Thakar @MihrThakar]

Almost every listed bank seems to have a specific appeal to customers:

Standard Chartered - Wealth management & high net worth

NCBA - Asset finance

KCB & Equity - Trade mashinani and SME expansion

Co-Operative Bank - SACCO ecosystem

ABSA - Trade finance

[Unfiltered @quotesdaily100]

How To Win In Corporate Life!!!!!!!

1. Speak less in meetings.
2. Deliver before deadlines.
3. Document every task.
4. Learn stakeholder management.
5. Stay away from gossip.
6. Build internal reputation.
7. Ask smart questions.
8. Be solution oriented.
9. Master emotional control.
10. Keep learning outside job role.

[Walter Ekanusur @ekanusur]

@WashiraX The verse visa vive, intervention measures, food for thought.

[Walter Ekanusur @ekanusur]

Again, something are not noticed,Kra have have decided to clear their records,they issue Is Compliance bro,they whan is to comply,deal with compliance guys,it is a compliance Club in the making, again my thoughts.

[CPA Wachira Joseph @WashiraX]

KRA has finally suspended people from the Special Table.

This is commendable.

But KRA needs to pronounce itself clearly.

Why?

Many taxpayers sat on that table for 12, 16, even 20 months.

Now they must file VAT for all those months.

Every late return attracts:

- Ksh 10,000 penalty
- plus interest.

For someone filing 18 months, that is KSh 180,000 in penalties.

Question.

- Will KRA waive penalties that arose from being on the special table?

And if yes,

- Will the waiver be automatic?

- Or will taxpayers have to travel to go beg KRA officers again?

Because if it’s not automatic, it will simply become another avenue for extortion.

Taxpayers deserve certainty.

[Walter Ekanusur @ekanusur]

Should not be the case,if you have a genuine debt am sure it reflects and needs to be paid, waiver is discretion,let's hope discretion favours many

[CPA Benard Kip. @BENARDKIPK9717]

@WashiraX The waiver should be automatic,but unfortunately back and forth with the Account manager after filing the previous months VAT.(Not Automatic at all).

[Walter Ekanusur @ekanusur]

Well said sir,noticed my Vat obligation has been withdrawn, asking as you are should I apply for Vat Again? however Wachira my Ledger is clean,it therefore goes to say I reapply and the Vat interviews have been overtaken by events,my thoughts.

[CPA Wachira Joseph @WashiraX]

KRA has finally suspended people from the Special Table.

This is commendable.

But KRA needs to pronounce itself clearly.

Why?

Many taxpayers sat on that table for 12, 16, even 20 months.

Now they must file VAT for all those months.

Every late return attracts:

- Ksh 10,000 penalty
- plus interest.

For someone filing 18 months, that is KSh 180,000 in penalties.

Question.

- Will KRA waive penalties that arose from being on the special table?

And if yes,

- Will the waiver be automatic?

- Or will taxpayers have to travel to go beg KRA officers again?

Because if it’s not automatic, it will simply become another avenue for extortion.

Taxpayers deserve certainty.

[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?

[Walter Ekanusur @ekanusur]

The lifting of the specific table manenos is a welcomed gesture,compliance shall flow

[Ja Leto @_falsi1ke]

When you're dead, you don't know you're dead. The pain is felt by others.

The same thing happens when you're stupid.

[Ja Leto @_falsi1ke]

Fasting is a cheat code to get where you want in life, and I don’t hear enough people talk about it.

[Sophie Orenge @SophieOrenge]

“ The Kenyan Constitution guarantees each child the right to know his father whether deadbeat or active".
Justice Hillary Chemitei 🇰🇪

Good Morning ☀️

[Walter Ekanusur @ekanusur]

It's a money minting machine, discern.

[Hon.Moses Kuria,HSC @HonMoses_Kuria]

At some point we have to decide whether Nairobi should be undder an elected or appointed Governor. From Badi's NMC to Musalia Mudavadi we can not keep Nairobi permanently under receivership. We have to agree on bringing in a liquidator now

[Walter Ekanusur @ekanusur]

You have great instincts,Accountability is a basic requisite in the https://t.co/qq7yJnbWdI two cent.

[Davis Thuranîra ⚖️ @DavisThuranira]

KRA shall win this tax compliance battle. It's not a matter of when because they've already won. Let's now focus on accountability and how our taxes are being used.

[Sophie Orenge @SophieOrenge]

“Taxation cannot be fair when a system of tax is introduced to diminish the capital of a business".
Justice George Odunga 🇰🇪

Good Morning ☀️

[Walter Ekanusur @ekanusur]

Can now join the dots @Vantekaroli

[Vante @Vantekaroli]

The war in ODM is simple. A united ODM backing Ruto in 2027 is lethal to the Kenyattas and the Murima by extension. It would be the revived Pentagon and Murima would choke literally. That's the game. That's the fear. But the proud Sifunas of this world can not grasp this.

[Walter Ekanusur @ekanusur]

@DavisThuranira Pm