Tax Matters III – Rental Income
See Tax Matters I here and Tax Matters 2 here. Notes You Should Take on Rental Income Taxation Dear Landlords, Landladies and faithful tenants. This affects you. First, you’ll need to note that Rental income is taxable under Section 3(2) (a) (iii) of…
Making Saving Automatic
“Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances” – Henry Buckley Today’s 4th September, 2012, a few days after payday. With kids going back to…
Banking: Why You Need A Bank Account
What is Banking? Banking can be defined as the business activity that involves accepting, safekeeping and management of money by individuals or registered institutions, and then lending (selling the money as credit) to earn a profit from it. The history of banking…
The VAT Bill 2012 Broken Down
The VAT Bill 2012 has been a large topic of discussion. We take a look at taxes and exactly what the VAT bill 2012 entails.
Largest Private Kenyan Bank Gets New CEO
Before joining CBA, New CEO Mr. Ngunze previously held several management positions at Standard Chartered Bank
Finally, Compensation for GTV and Smart TV Subscribers
Star Times, the latest entrant in the pay TV service, is offering GTV and Smart TV subscribers some form of compensation for their losses following the exit of GTV and Smart TV from the Kenyan Market under unclear circumstances. Those with GTV or Smart TV decoders will…
Current Account Vs Savings Account
Quite often, many people who want to save money open accounts with paying to the nature of accounts they open. Many people run current accounts as their savings vehicles. Much as this has no harm really, it would be more beneficial to have a dedicated savings account for savings as…
Tax Break for Disabled Persons
Back in 2010, the Minister for Finance (and DPM) published The Persons With Disabilities (Income Tax Deductions and Exemptions) Order, 2010 whose aim is to exempt a part of the income earned by persons with disabilities from taxation. The first 150,000/= of ones income per month is exempt from tax but…
Your End of Month Shopping Discounts
Below are a couple of deals that will cut down your end of month shopping expenses.
The Corporate Con-man's Game
ever walked into a shop and left with more than you intended to buy? Well, for what it's worth, it wasn't entirely your fault. Here are a couple of things shops do to keep you spending.
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