Kevin Kirui @kirui_kevin
Tax Expert Joined May 2012-
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VAT is the most efficient, neutral, pro-growth, tax. Yes, it can also be regressive, but in many countries - and all developed countries - there are known ways of overcoming this. So why do so many countries apply exemptions? Not for equity reasons; but for political economy ones
📢 Public Notice: Tax Exemption on Gratuity Gratuity payments earned after 1st July 2025 are now exempt from income tax. This applies to both employees and employers. See the full public notice for further guidance on the tax treatment of gratuity for periods prior to 1st July…
You purchase medical cover for your elderly family members to have peace of mind. When they fall ill, your broker and insurer employ various tactics to leave you high and dry. They cite actuarial calculations and hide behind pre-existing conditions. Despite paying high premiums…
It's day one of FY2025/26 & I am looking forward to steering this spaces discussion on Finance Act 2025 & its implications hosted by @MwangoCapital. Tomorrow, 8:00pm. If you are not sure where to start, see quoted 🧵 for my breakdown on what we saw coming through the Vellum.
It's day one of FY2025/26 & I am looking forward to steering this spaces discussion on Finance Act 2025 & its implications hosted by @MwangoCapital. Tomorrow, 8:00pm. If you are not sure where to start, see quoted 🧵 for my breakdown on what we saw coming through the Vellum. https://t.co/HQekhbByaR
Folks, I have finally gotten a hold of & read through the Vellum of Finance Bill 2025. A quick 🧵 on what we are seeing so far, bearing in mind that the ultimate truth lies with the Act that will be gazetted.
Folks, The Report by the National Assembly's Finance & Planning Committee on Bill No.19/2025 (Finance Bill 2025) is finally out! A short 🧵on my key highlights.
Highlights of our 2024 Annual Report being my first year leading the @NSE_PLC
Today in our summary of submissions made regarding Finance Bill 2025, we look at proposals tabled by @ICPAK_Kenya, @PKFEA, @Andersen_KE & @DeloitteKenya. Quite impressed by submissions regarding widening of PAYE bands, I hope the @NAssemblyKE Finance & Planning Committee…
I am really enjoying the Finance Bill '25 submissions coming through. Last week I summarised the submissions made by Law Society of Kenya (@LawSocietyofKe) & Anjarwalla & Khanna (@alnafrica) & you can find the breakdown via the quoted 🧵. Cliffe Dekker Hofmeyr (@CDHLegal)…
I am really enjoying the Finance Bill '25 submissions coming through. Last week I summarised the submissions made by Law Society of Kenya (@LawSocietyofKe) & Anjarwalla & Khanna (@alnafrica) & you can find the breakdown via the quoted 🧵. Cliffe Dekker Hofmeyr (@CDHLegal)… https://t.co/60mUPtooxb
National Treasury CS says Finance Bill 2025 is targeting a range of between Kes 25.0 billion & Kes 35.0 billion in additional revenue. That means Finance Bill 2025 targets just about or a little over one T-Bill auction's target amount. With the estimates we have seen for…
National Treasury CS says Finance Bill 2025 is targeting a range of between Kes 25.0 billion & Kes 35.0 billion in additional revenue. That means Finance Bill 2025 targets just about or a little over one T-Bill auction's target amount. With the estimates we have seen for…
Dr Kamau Thugge giving some colour to the decision taken in yesterday's Monetary Policy Committee meeting. · The adjustment of the Discount Window from 300.0bps to 75.0bps above the benchmark is a crucial move · This means that the Discount Window rate is now aligned with the…
Dr Kamau Thugge giving some colour to the decision taken in yesterday's Monetary Policy Committee meeting. · The adjustment of the Discount Window from 300.0bps to 75.0bps above the benchmark is a crucial move · This means that the Discount Window rate is now aligned with the… https://t.co/tbPCMoKcrl
Bastiat was ahead of his time. In 1845, he wrote a satirical petition on behalf of candlemakers, asking the French government to block out the sun. Yes, the sun. Here’s why it’s one of the sharpest takedowns of protectionism ever written 👇
Submissions/proposals for consideration in Finance Bill 2025. This was my highlight from Deloitte's submission. They argue that it's time to rethink Kenya's PAYE bands. Here's Deloitte's proposal: · We need to widen the PAYE bands · This should be done by introducing a…
Na mtupee avacado kwa weddings. Watermelon haikuliwi na mchele
The Clerk of the National Assembly is inviting comments on the Excise Duty (Amendment) Bill 2025. Comments should be in by April 2nd, 5:00pm. Before we even make submissions, this should intrigue us: · At the public participation phase of the Tax Laws (Amendment) Bill 2024…
The Clerk of the National Assembly is inviting comments on the Excise Duty (Amendment) Bill 2025. Comments should be in by April 2nd, 5:00pm. Before we even make submissions, this should intrigue us: · At the public participation phase of the Tax Laws (Amendment) Bill 2024… https://t.co/s8rQTcslDw
There are many reasons to be anxious about the taxation of informal sectors in lower-income countries, but after hosting a workshop in Ghana, @MaxGallien & @VVandenboogaard present 3 reasons that make them optimistic about the road ahead➡️ ictd.ac/blog/reasons-t… #TaxTwitter
🚀 We're #hiring several Research Assistants! 🎓 Requirements: Master’s degree, strong data analysis skills & fluency in English. Contribute to high-impact research on taxation, illicit financial flows & more. Apply by April 4th! ⌛️ More info: 🔗 taxobservatory.eu/research-assis…
Save the dates! First up, we have the pop-up market and second hand book sale on 5 April. Then there's the Affordable Art Show in May.
KCB Group FY2024 earnings were out late afternoon Wednesday. Highlights: · Net earnings surged 64.90% to Kes 61.77 billion · Excluding KCB Kenya, subsidiaries accounted for 30.0% of the net earnings with TMB accounting for the lion's share · Net Interest Income was up 27.96%…
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