Graduate Engineers in Kenya will be laughing all the way to the bank after recent change of the Pay as You Earn Tax policy will see them exempted from paying the dreaded income tax. The new guidelines will see all the graduate engineers become the envy of other professions such as the medics, accountants, teachers […]
Tag: Tax
KRA to Start Taxing all Dowry Payments from 2022
The taxman in Kenya is on steroids and this time round, no coin will be left unturned. Starting January 2022, Kenya Revenue Authority will start taxing all dowry payments in an attempt to check the budget deficit that has been widened by the runaway corruption in Kenya. This is also in line with the government’s […]
Kenya to Start Taxing Goodwill and Exposure
The taxman in Kenya has been let loose and starting July 2021, Kenya will start taxing any form of payment that is received in form of goodwill and exposure. In the move aimed at netting interns and other people who are working for free and being paid in form of exposure, National Treasury CS Ukur […]
Kenyans Asked to Choose Either Dynasty Thieves or Hustler Thieves
Kenyans are in a dilemma after being asked to make a decision on whether to continue with the dynasty thieves, or start life afresh with a new breed of hustler thieves. The offer was given by politicians who had come together to discuss the future of Kenya and forge a way forward that the whole […]
Uhuru Kenyatta abolishes PAYE for all the Jobless Kenyans
President Uhuru Kenyatta yesterday announced a raft of measures meant to shield Kenyans from the economic impact of the Corona Virus disease. In the reforms that are meant to cut through a wide range of sectors, President Kenyatta reduced VAT, income tax, turnover tax, and Pay as You Earn, with the biggest cut going to […]
Tomato Traders in Kenya to Receive Police Protection
Tomato traders in various markets in Kenya will now receive 24/7 police protection as the cost of the fruit-cum-vegetable hits an all time high of KShs 25 per piece, from the usual price of KShs 2. So high is the price that it matches that of apples, the most luxurious fruit in the tropical Africa, […]
Nigeria’s Tax Body Promises Eternal Life to Those who File their Tax Returns
The Federal Inland Revenue Service of Nigeria has promised to offer eternal life to those who file their tax returns before 31st March 2020. In a surprise move that has baffled economists, religious groups and even God himself, the tax body said that all those who file their returns before the deadline will leave eternally […]