@MwangoCapital@AmbokoJH, this issue of 2.5% WHT on freight income - how will KRA access the tax for freight collect transactions i.e. the buyer pays the freight?
@MwangoCapital With the proposed 3% withholding tax on supply of goods to government, isn’t it time to pivot from eTIMS to withholding tax for all supplies?
@PeterNdegwa_ we have had home fiber outage since Tuesday 21 November 2023 and 400 or 0722 000 400 is unresponsive. The reference number is 1-69OCITOT…
@AmbokoJH Should be interesting to see what is contained in that Bill. The current Income a tax Act clocks 60 years and with numerous amendments, it is a complex piece of legislation - an enigma.
@AmbokoJH The differentiation of VAT rates serves a useful purpose of ensuring basic commodities remain accessible to most consumers whilst still exempting government from tax expenditure by way of exempting or zero rating the products…
@AmbokoJH@AmbokoJH, with the betting sector already integrated and effecting real time data transmission to KRA, M-PESA transactions and possibly bank accounts integration may happen earlier than expected!
On #MoneyFesto this week - With Kenyans grappling with runaway cost of living, taxation looms large as an issue in the August 2022 general election. Given the country's constrained fiscal space, what options are on the table? Are the pledges being made feasible?
Tue 7:30pm