CPA Wekesa

Accountant . Tax Expert . Financial Advisor

[CPA Wekesa @elvyweky]

Instant following back,

[𝗡𝗢𝗠𝗘 @CRT_femme]

Fuvking Real 😭

[CPA Wekesa @elvyweky]

@GlobalEllah Interested

[CPA Wekesa @elvyweky]

@GlobalEllah Interested

[Eric @amerix]

Men,

Learn to disagree without being dramatic and abusive.

The highest masculine skill in any relationship,

• Marriage

• Politics

• Business

• Work

is remaining present through conflict without you becoming the conflict that needs to be solved

#MasculinitySaturday

[CPA Wekesa @elvyweky]

@KevinKroshan @KRACare Try using https://t.co/0QaEjurQUd

[Krishna Agrawal @Krishnasagrawal]

INSTEAD OF WATCHING NETFLIX TONIGHT. Spend 2 hour with this.

Claude AI FULL COURSE that teaches you how to BUILD and AUTOMATE anything.

The people who watch this tonight will wake up tomorrow with a new skill. Watch it and bookmark it now.

Cc : Respective Author

[CPA Wekesa @elvyweky]

@SafaricomPLC hapa nayo mmetuokolea hizo 7 bob nilikua na incur nikilipa 110 zitqfanya kazi ingine....

[CPA Wekesa @elvyweky]

@omwambaKE @aeroterrah na uende kanisa mzee😂

[CPA Wachira Joseph @WashiraX]

Kenya has introduced a brand new tax category for diaspora landlords.

Courtesy of the Finance Act, 2026.

• It is now called NON-RESIDENT RENTAL INCOME TAX.

Here is how it works.

If you live abroad, and you are not tax resident in Kenya,

And you earn rental income from property situated in Kenya, you are now required to:

- Register for this new tax category.
- Register your rental properties with KRA.
- File a monthly tax return by the 20th.
- Pay 30% of the gross rent collected.
You are not allowed to deduct property running costs before calculating the tax.

This tax applies to both:
- Residential properties &
- Commercial properties.

For example.

Say you live in the UK but own a commercial rental building in Nairobi. Renting out shops.

You collect Ksh 1 million in rent every month.

You also pay:
- Property manager = Ksh 100,000
- Security company = Ksh 50,000

You shall pay 30% tax on the full Ksh 1 million = Ksh 300,000.

The 100k paid to the property manager and the 50k paid to the security company are not deductible.

Effective July 1, 2026.

Early tax planning will become increasingly important under this new category.

[CPA Wekesa @elvyweky]

My take is that this is a significant policy shift, but it has both positive and practical implications.

[CPA Wekesa @elvyweky]

@kzk_media_how @ntvkenya Toy pistols na wanashoot hadi zile shells zilipatikana

[CPA Wekesa @elvyweky]

@AmbokoJH It is still yet to be put on the system

[Julians Amboko @AmbokoJH]

UPDATE: Finance Act 2026 Tax Amnesty guidelines.

The Revenue Authority has published the guidelines for the Tax Amnesty Programme that took effect on July 1st courtesy of Finance Act 2026.

What do you need to know?

· The automatic qualification for full waiver on outstanding interest & penalties is open to two categories of taxpayers:

1. No formal application is required for any taxpayers who cleared their principal taxes by 31st December 2025. You are eligible for automatic qualification for full waiver on outstanding interest & penalties

2. Taxpayers with no principal tax due but facing late filing penalties. The caveat here is that all outstanding returns must be fully filed to trigger the automatic amnesty

· Payment terms are as follows:

1. Taxpayers who make a lump sum payment of their outstanding pre-2026 principal tax will instantly receive a waiver on the corresponding penalties and interest

2. Taxpayers who are unable to make a lump sum payment will be required to apply for a structured payment plan via iTax. Important to remember that all principal taxes under the plan must be fully cleared by 31st December 2026 to qualify for the waiver

· What is not eligible under the current amnesty programme?

1. Tax liabilities arising on or after 1st January 2026
2. Principal amounts that are the subject of active litigation. KRA advises such taxpayers to utilise the Alternative Dispute Resolution (ADR) framework

[CPA Wekesa @elvyweky]

@aeroterrah @karothk256 I love weed

[CPA Wekesa @elvyweky]

@aeroterrah Anataka this, anataka that

[CPA Wekesa @elvyweky]

@dekim_Kalvino Well,
If walking away pays bills...

[CPA Wekesa @elvyweky]

@Mike_Kutola Impressive insights,
But Kenyans had 6 months to file their returnsand they chose the last day

[CPA Wekesa @elvyweky]

@citizentvkenya @aeroterrah we mkulima

[CPA Wekesa @elvyweky]

@Ishmaelthehost @IamCarolPrimah In Ksh?

[CPA Wekesa @elvyweky]

@aeroterrah Umefile returns?