If you have a kaloose 100k lying in the bank

O

Okiya

Guest
#1
And you don't have plans for it, kaweke hapa and earn 12.5% tax free.

IMG_20171114_174002.jpg

This is up here is one of the reasons why banks are not lending to individuals. Why lend @14% yet risk free GOK gives you 15% when you factor in tax?

Otherwise I see that the days for Nakumatt Garden City are almost over.

And my favourite bank Stanchart expects a 38% reduction in profits blaming interest rate cap!!! Next year banks should prepare themselves for the worst because rate cap plus new accounting standard will mean disaster.

Good day
 

Lucern

Village Elder
#3
And you don't have plans for it, kaweke hapa and earn 12.5% tax free.

View attachment 139091

This is up here is one of the reasons why banks are not lending to individuals. Why lend @14% yet risk free GOK gives you 15% when you factor in tax?

Otherwise I see that the days for Nakumatt Garden City are almost over.

And my favourite bank Stanchart expects a 38% reduction in profits blaming interest rate cap!!! Next year banks should prepare themselves for the worst because rate cap plus new accounting standard will mean disaster.

Good day
I have a cdsc account for shares and im not based in Kenya . How do I start? Help please
 
O

Okiya

Guest
#7
to make a profit best uweke 10m 100kmeeh wont get much in return
Wrong. someone putting 100k or 10million both get a 12.5% return on investment. Best way to measure business is returns on investment. That is why someone putting mabati rentals in a slum is doing better than someone putting rental apartments in upmarket even though the rent collected from upmarket apartments will be more than the slums
 

slevyn

Village Elder
#8
Wrong. someone putting 100k or 10million both get a 12.5% return on investment. Best way to measure business is returns on investment. That is why someone putting mabati rentals in a slum is doing better than someone putting rental apartments in upmarket even though the rent collected from upmarket apartments will be more than the slums
ROI ya mwenye ameeka 10 ni better than mwenye ameeka 100
 

Okwonkwo

Village Chief
#9
And you don't have plans for it, kaweke hapa and earn 12.5% tax free.

View attachment 139091

This is up here is one of the reasons why banks are not lending to individuals. Why lend @14% yet risk free GOK gives you 15% when you factor in tax?

Otherwise I see that the days for Nakumatt Garden City are almost over.

And my favourite bank Stanchart expects a 38% reduction in profits blaming interest rate cap!!! Next year banks should prepare themselves for the worst because rate cap plus new accounting standard will mean disaster.

Good day
nimesoma kule kwa NRM propaganda channel ati KRA wants to access bank accounts of all individuals for taxation purposes.

ni ukweli ama ni porojo tu.
 
O

Okiya

Guest
#13
I have a cdsc account for shares and im not based in Kenya . How do I start? Help please
CDSC for shares is different from the one for buying government securities. Since uko based majuu are you a Kenyan Resident? if yes have you been filing your tax returns? If No then in my view buying these government securities utakuwa unajianika kwa KRA.
 

Lucern

Village Elder
#14
CDSC for shares is different from the one for buying government securities. Since uko based majuu are you a Kenyan Resident? if yes have you been filing your tax returns? If No then in my view buying these government securities utakuwa unajianika kwa KRA.
It's tough to be a Kenyan .They should be encouraging us to bring money home,but such sloppy ideas makes government shoot their own leg. Let me keep my bulk .It's safer here where I am after all.
 
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Swansea

Village Elder
#16
what the hell!!

so KRA can demand to knwo where the 500k lying around came from?
Reporting standards my fren. This has been ongoing worldwide and with the environment we live in today (e.g terrorism, tax evasion - although this is old, digital era etc) all monies must be accounted. Origin before integration where it is hard to detect. So watu walipe ushuru, including capital gains tax. Although I pity WaKenya wanalipa those taxes and they end up being carted out of banks in major scandals and NO ONE is held accountable.
 
K

Kimakia

Guest
#19
And you don't have plans for it, kaweke hapa and earn 12.5% tax free.

View attachment 139091

This is up here is one of the reasons why banks are not lending to individuals. Why lend @14% yet risk free GOK gives you 15% when you factor in tax?

Otherwise I see that the days for Nakumatt Garden City are almost over.

And my favourite bank Stanchart expects a 38% reduction in profits blaming interest rate cap!!! Next year banks should prepare themselves for the worst because rate cap plus new accounting standard will mean disaster.

Good day
Heri ningesoma accounting,hiyo Gazeti nimesoma nasielewi kile wanasema,but naona ni opportunity iko hapo
 

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