VIDEO: You won’t be taxed if you haven’t been in Kenya for at least 183 cumulative days in one year, KRA tells Diasporians – Kenya Satellite News Network
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VIDEO: You won’t be taxed if you haven’t been in Kenya for at least 183 cumulative days in one year, KRA tells Diasporians

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In a statement to jambonewspot.com Thursday, the agency said earning income abroad does not exempt you from declaring the same since such income may be deemed to be accrued or derived from Kenya.

The agency also clarified that assets or property acquired, situated and held abroad by Kenyan citizens should be declared if proceeds derived from those assets are intended to be repatriated and invested in Kenya.

Watch related video below courtesy of KTN News:

 

“If you are a tax resident in Kenya earning income abroad that is deemed to be accrued or derived from Kenya, then such income should be declared for amnesty if you had not declared it before,” said Leah Achieng with the KRA Domestic Taxes Department.

KRA’s guidelines provide that if one is considered a tax resident in Kenya some of the income earned abroad may be deemed to be accrued in or derived from Kenya and would therefore be also taxable in Kenya if the person earning it is considered a tax resident in Kenya.

One is considered a tax resident of Kenya if the following apply:

• (i) That a person has a permanent home in Kenya and was present for any period in the particular year of income under consideration; Or
• (ii) That he has no permanent home in Kenya but :-
o (a) Was present in Kenya for a period or periods amounting in aggregate to 183 days or more in that year of income Or
o (b) Was present in Kenya in that year of income and each of the two preceding years of income for periods averaging more than 122 days in each year of income.

Ms Achieng also added that the law however sometimes provides for relief from double taxation where the income has been taxed abroad.

“For instance, where a Kenyan citizen earns employment income from another country, or income as an entertainer or athlete from another country and that income was taxed in that country, the person can claim relief for the tax paid in that other country when making a declaration in Kenya hence there will be no double taxation.” she said.

She also added that where Kenya has signed a double tax avoidance agreement with another country, a person whose income has been taxed in that country can claim relief for that tax under the treaty and as such double taxation will not arise.

Kenya is a signatory to the Convention on Mutual Administrative Assistance in Tax Matters which is meant to promote tax co-operation to tackle tax evasion and avoidance. This co-operation includes exchange of information and recovery of foreign tax claims.

“We are currently awaiting ratification of the Convention.” she said.

jambonewspot.com

 

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Business

Alarm over fake condoms ahead of Valentine’s Day

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As Kenyans prepare to join the rest of the world in marking Valentine’s Day, Population Service Kenya has raised an alarm over fake Trust Studded condoms circulating in the market.

Such replicas cannot pass a simple test of ensuring you enjoy safe sex without getting pregnant or contracting the sexually transmitted diseases, including HIV/Aids.

Even for men, there’s need to be extremely cautious when buying the Trust Studded condoms lest you land in big trouble for making your partner conceives by using fake condoms produced by rent hunters.

Population Services Kenya says it kicked off a country-wide safety sensitisation campaign on February 10 to educate consumers on unique product markings to enable them identify the right Trust Studded condoms in the market.

In an advert placed in the local dailies, PS Kenya issued a directive to the public to be aware of the appropriate labeling of the Trust Studded brand of condoms.

“Look out for the marks of quality on our packs to ensure that you are purchasing authentic Trust packs,” read the advert.

PS Kenya has also advised the public to stay “vigilant and attentive to product unique quality markings and the exact positioning on the packs which include the name Studded, the mark of quality (triple tested) and quantity of condoms in the pack.”

“The transmedia campaign will continue to sensitise consumers and also seek to drive awareness throughout the distribution channels in order to dissuade the unscrupulous individuals from misleading Kenyans to purchase counterfeit condoms that do not guarantee quality. It is unfortunate that these individuals are making attempts to erode the efforts made as a country in achieving health impact through distribution of high quality condoms,” added PS Kenya.

To ensure you buy the authentic Trust studded condoms which are the most affected by the imitation network, the distributors have in the local dailies urged that we all look out for particular marks of quality on the packets.

The original condom packs have the brand label ‘Studded’ embossed at the middle of the packs and appears in bold, a feature the counterfeiters are trying hard to poll into their kill-for-money venture. Also missing on the fake contraceptives are the distributors’ contact details and an additional distinctive features that PSK has warned users have to be on the lookout for to ensure they get the most out of their quest for protected sex.

Health experts warn that such faux products not only expose one to risks such as bursting during sex but are also made of substances that are harmful to the human body. Most of the cheap lubricating oil such underground manufacturers use produces a deadly smell, a nauseating one.

In 2013, detectives stormed a Chinese illegal production line producing millions of counterfeit brand-name condoms. These were close to perfect in appearance, imitations of top brands including Durex, Contex and Jissbon.

A whole 4.65 million already packaged prophylactics and another 1,100 pounds of unpackaged condoms were found at the smelly scene and all these would end up in markets that thrive in fakes and low cost products.

Interestingly, these products were being placed on the country’s most popular online shop to capitalise on people who fear physically asking for condoms across counters.

The factory could release at least 20,000 a day barely four months in operations and had hired dozens to lubricate and package the latex.

On the Nairobi streets, with the recent surge of fake Trust studded condoms in the market, don’t just be keen on fake devices, carefully seek authenticity proves on the condoms at pharmacies, kiosks, sex toy retailer shops and even supermarkets.

 

 Business Today and Citizen Digital. 

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Africa

VIDEO: AU summit ends in Addis amid claims of bugging by the Chinese

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The 30th AU summit wound up Monday in Addis Ababa, Ethiopia after 8 days of deliberations on a myriad of topics.

Meanwhile, China has dismissed reports it bugged the African Union (AU) headquarters as “preposterous”.

Kuang Weilin, the Chinese ambassador to the AU, told reporters in Ethiopia the “absurd” claim in France’s Le Monde was “very difficult to understand”.

He spoke out three days after the newspaper published an article claiming data from the Chinese-built AU building was being copied to Shanghai.

The article said the discovery resulted in all the AU servers being switched.

Le Monde spoke to a number of anonymous sources, who claimed the alleged transfer was taking place late at night [link in French], and was only spotted in January 2017 due to the spike in activity between midnight and 02:00, despite no-one being in the building.

It was suggested the alleged data transfer had been taking place since 2012, when the building, in the Ethiopian capital Addis Ababa, was opened.

Officials also brought in security experts from Algeria to sweep the entire headquarters for potential bugs, the newspaper said, leading to the discovery of microphones in desks.

But Mr Kuang – who hailed the headquarters as a “monument” to his country’s relationship with the continent – said it was entirely untrue.

“I really question its intention,” he told reporters on Monday. “I think it will undermine and send a very negative message to people. I think it is not good for the image of the newspaper itself.

“Certainly, it will create problems for China-Africa relations.”

-Agencies

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Business

VIDEO: Veteran journalist Emmanuel Juma of Bulls Eye fame sacked by NMG

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Veteran journalist Emmanuel Juma is among employees sacked from NTV as Nation Media Group (NMG) kicked off its retrenchment on Monday, according to a Kenyan daily, Business Today.

Mr Juma, who was NTV news manager, is known more for his signature infotainment programme Bull’s Eye. He joined NTV in 2005 from KTN, where he ran a similar programme called The Parting Shot.

It was not immediately clear why Juma was edged out from NTV, but the company has been citing redundancy as the main reason for firing staff. Some media observers say it could be a fallout with management from the last genera; elections.

Also sacked from NTV is Lolani Kalu, who was famours for the Malimwengu, a Kiswali programme that featured unique cultures and innovations across the country.

Lolani Kalu is a veteran journalist, multi-linguist, musician, actor and comedian as well as Swahili poet. As a Journalist he has had a rare opportunity of interacting with Kenya’s diverse and rich arts and culture.

WATCH LOLANI KALU IN ACTION

Lolani is the founder of Safari47.org, which was established as a way to identify, nurture and develop raw talent identified in 47 counties of Kenya.

The others fired from NTV include Cromwel Onyango, NTV Head of Graphics, journalist Steve Mwei, and others identified as Maritim and Mutesa.

The biggest shock is the exit of Emmanuel Juma, who has been a strong pillar in the NTV news management team. Those who have worked with Juma say he is a strict but witty. Juma started his career at KBC before moving to KTN where he shot to fame, thanks to his high pitched and poetic tone of reporting.

ONE OF JUMA’S BEST BULL’S EYE EPISODES

According to sources at Nation Centre, more employees from NTV’s technical department have also been fired in a layoff that appears to target more of the broadcast division. After NTV focus will turn to the newspaper side where some journalists will be pushed out while the newsdesk will be overhauled.

Nation Media Group has earmarked 140 employees for firing as it cuts costs to keep profits high. This is the second phase of restructuring. The first was implemented exactly a year ago.

The company’s management is under pressure to grow profit in a tight market with growing competition. The CEO, Mr Joe Muganda, is also leaving next week to join Vivo, after a false start at the media house.

SOURCE-businesstoday

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