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Angelica _ann		#1371 Posted : Wednesday, April 08, 2020 10:23:18 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Jubilee gava & appetite for taxation.... The Tax (Amendment) Bill 2020 is proposing introduction of value added tax (VAT) on brokerage services that are now VAT-exempt. The bill wants an amendment to the first schedule, number 35 of VAT Act 2013 and introduce the 14 percent tax on insurance agency, insurance brokerage, securities brokerage services, tea and coffee brokerage. Kasib warns that the tax will lead to an increase in the cost of stockbrokerage, which will ultimately be paid by investors. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson		#1372 Posted : Thursday, April 09, 2020 8:07:01 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Angelica _ann wrote: Jubilee gava & appetite for taxation.... The Tax (Amendment) Bill 2020 is proposing introduction of value added tax (VAT) on brokerage services that are now VAT-exempt. The bill wants an amendment to the first schedule, number 35 of VAT Act 2013 and introduce the 14 percent tax on insurance agency, insurance brokerage, securities brokerage services, tea and coffee brokerage. Kasib warns that the tax will lead to an increase in the cost of stockbrokerage, which will ultimately be paid by investors. That is obvious Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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amorphous		#1373 Posted : Monday, April 20, 2020 3:35:21 PM
Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth		cbk wamechelewo leo? No interest payment yet and 5pm is fast approaching! Anyone received theirs already today? In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
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Swenani		#1374 Posted : Monday, April 20, 2020 3:49:07 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		amorphous wrote: cbk wamechelewo leo? No interest payment yet and 5pm is fast approaching! Anyone received theirs already today? ponzi scheme If Obiero did it, Who Am I?
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AndyC		#1375 Posted : Monday, April 20, 2020 6:53:49 PM
Rank: Member Joined: 4/21/2015 Posts: 151		amorphous wrote: cbk wamechelewo leo? No interest payment yet and 5pm is fast approaching! Anyone received theirs already today? Received mines few minutes to 1800hrs.
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ibsi		#1376 Posted : Monday, April 20, 2020 7:13:22 PM
Rank: New-farer Joined: 5/7/2010 Posts: 38 Location: Nairobi		Still waiting for mine. Trust in God and endure patiently.
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amorphous		#1377 Posted : Tuesday, April 21, 2020 9:52:25 AM
Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth		AndyC wrote: amorphous wrote: cbk wamechelewo leo? No interest payment yet and 5pm is fast approaching! Anyone received theirs already today? Received mines few minutes to 1800hrs. Received my at 9.10pm which means it must be a bank issue not an issue with CBK as RTGS does not operate that late aama? I bank with SC. What a relief, I thought CBK was about to default on its domestic debt In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
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whiteowl		#1378 Posted : Tuesday, April 21, 2020 7:52:28 PM
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove		Ericsson wrote: Impunity wrote: Angelica _ann wrote: Infrastructure bond interest to be subjected to 10% withholding tax, proposal in the 2020/2021 budget, Jubilee yawa - isorite! Why like this now? Kwanza the coupon is low,10% instead of 12%...then apply 10% tax like if it were a Treasury bond. Useless nuts Jubilee will come to tax every single cent you have They even tax tax-free bonds. Yes,you read that right.
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murchr		#1379 Posted : Wednesday, April 22, 2020 9:24:42 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Today in parliament Quote: PAYE reduced to 25% , Clause on Corporate Tax introduced which cuts rates to 25% from 30%, Infrastructure Bonds, tax exempt, Turnover tax reduced to 1%, applies to firms with revenues of above KES 1M. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Impunity		#1380 Posted : Friday, April 24, 2020 11:42:14 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		amorphous wrote: AndyC wrote: amorphous wrote: cbk wamechelewo leo? No interest payment yet and 5pm is fast approaching! Anyone received theirs already today? Received mines few minutes to 1800hrs. Received my at 9.10pm which means it must be a bank issue not an issue with CBK as RTGS does not operate that late aama? I bank with SC. What a relief, I thought CBK was about to default on its domestic debt Which paper was this ? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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