don’t wholesalers already add VAT before selling to small shops?
On the top right is where the craziness is. Ads on state vehicles?
Double taxation it is. Kasongs wants to compound his earnings
No they don’t.
VAT is charged at every stage including
→ wholesaler → retailer → final consumer
Always separate
Personal money vs business money
Cash vs M-Pesa records
If your business is growing
Monitor your turnover closely
Once near 5M:
Prepare to register for VAT
Start asking for VAT receipts from wholesalers
Yes, they do. I buy a few things from wholesalers and there’s always VAT added.
Muliambiwa hamukuskia.
They are also planning to Develop securities on wildlife na national parks.
Last i heard they were searching for Mt. Kenya’s title deed hapo Lands registry.
Hasra tawara
Treasury is extremely cash strained debt expense to hit 1.8 trillion revenues to fall way short of 2.9 trillion with current trajectory.
Key word ’ I buy a few things’ .
Try business, or even imports. One if the biggest challenges sme’s face is proper documentation especially when it comes to input vat. Even kra silently acknowledges this is a big impediment to compliance.
You wouldn’t know but they have stopped the implementation of vat special table due to this very reason.
Watu watalipa waweke Slogan™
I would not want to see a police land cruiser covered in a blueband advert, but here we are.