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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:

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• (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.

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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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Kenya to deport foreigners in betting

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Interior Cabinet Secretary Fred Matiang’i has issued deportation order against foreigners who entered Kenya for other businesses but ended up investing in the betting industry.

More to follow…

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Kenyans ask for Wetangula’s whereabouts as things get ugly, messy and noisy for him

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Ford Kenya leader Moses Wetangula has not been seen in public since information allegedly directly linking him to the latest fake gold scam leaked. His Twitter handle has also gone silent. Some media reports have however indicated that he has travelled out of the country.

In 2010, when he was the Foreign Affairs minister in the grand coalition government of 2008-2013, Moses Masika Wetang’ula, 63, led diplomatic efforts that resolved a visa standoff between Kenya and the United Arab Emirates.

The diplomatic tiff arose after UAE decreed that Kenyans going to or passing through Dubai (United Arab Emirates) would need a degree certificate to get a visa into the Arab country.

This was deemed to be in retaliation to the inadvertent deportation of a member of the royal family from Kenya.

In one of his finest diplomatic moments, Mr Wetang’ula led a delegation to Dubai where they had the requirement rescinded, only two weeks after it was imposed.

Perhaps it was during this meeting where Mr Wetang’ula was introduced to the high and mighty of the Emirati kingdom connections.

GOLD SCAM

This week, Mr Wetang’ula hit the news headlines again in relation to the UAE ruling family — but this time it was for the wrong reason.

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The Directorate of Criminal Investigations (DCI) said that the Bungoma Senator was being investigated for his role in a gold scandal that saw the Dubai royal family lose Sh400 million.

A leaked audio in which a man purported to be Mr Wetang’ula is dropping the names of President Uhuru Kenyatta and Opposition leader Raila Odinga to assure someone presumed to be a member of the royal family that all is well and that the gold consignment would be delivered, has thrust him to the centre of the scandal.

But even as the scandal unravels, Mr Wetang’ula has maintained a studious silence and did not respond to the Sunday Nation’s enquiries on Saturday.

Some of his aides have also claimed, off the record, that the voice on the leaked tape is not the senator’s and that the whole matter has been politicised to tarnish his image ahead of the 2022 general election.

BAT SCANDAL

The incident is just the most recent of several occasions on which Mr Wetang’ula has been mentioned adversely in controversial scandals throughout his lengthy political career.

In 2015, a BBC investigation claimed Mr Wetang’ula was among senior public officials and MPs from Kenya who were compromised by British American Tobacco Company to do business that favoured the tobacco manufacturer.

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The investigations claimed Mr Wetang’ula had received an air ticket and money to facilitate his travel to London from BAT while he was Trade minister in order to interfere with the country’s anti-smoking laws.

The Senator refuted the claims and went ahead to institute defamatory proceedings against the broadcaster.

In 2012, after widespread speculation and controversy, he admitted that his previous law firm was involved in the Sh800 million sale of oil blocks in Turkana. He, however, said he had left the law firm by the time.

FUNDS MISUSE

Before that, in 2010, Mr Wetang’ula was forced to step aside as Foreign minister amid a growing scandal involving the alleged misuse of his ministry’s funds for several land deals abroad.

While serving as the Foreign Affairs minister, Mr Wetang’ula is remembered for summoning two ambassadors in 2009 whom he thought had disrespected Kenya in one way or another.

He summoned the US Ambassador Michael Ranneberger and asked him to explain the last-minute cancellation of new Delta Air Lines flights to US via Dakar on security fears in Nairobi.

A year before that, he also summoned the United Kingdom ambassador to Kenya, Mr Adam Wood, seeking clarification over a remark made in the House of Commons that they did not recognise former President Mwai Kibaki as the Head of State.

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The Senator’s political career dates back to 1992 when he was nominated by Kanu as MP up to to 1997.

CAREER

He was later elected the MP Sirisia constituency, and since then Mr Wetang’ula has never lost in any political election up to his current senatorial position.

In 2014, the senator claimed that there was an attempt on his life after unknown people shot at his car on Mbagathi Way in Nairobi. The police discounted his version of events.

“If anyone wants a divorce it will be noisy, messy and unhelpful, and it will have causalities,” declared Mr Wetang’ula in March last year when ODM engineered to have him removed as the Senate Minority Leader.

A year down the line, things have turned noisy, messy for the Senator as a result of the alleged gold deal that has led to some arrests with the DCI naming him as a person of interest. All eyes are now on the senator, who remains tight-lipped.

Source: Nation.co.ke

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VIDEO: I failed and didn’t even make it to High School but look at me now, says media mogul SK Macharia

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Royal Media Services Chairman Samuel Kamau Macharia (SK) has disclosed that he did not do well in Primary School hence couldn’t make the cut to join High School.

Speaking during a prize-giving ceremony at Kahuhia Girls High School on Saturday, the billionaire businessman told the students that they can achieve anything if they put their mind to it.

Ha also disclosed that he worked as sweeper in the US in a bid to raise college tuition. Watch:

Samuel Kamau Macharia (born 1942, also known as S. K. Macharia) is the Kenyan Founder and Chairman of Royal Media Services, arguably the largest private radio and television network in Eastern Africa. Its flagship outlets are Citizen TV and Radio Citizen. In 2012, he was on a top 10 list by Forbes magazine of African millionaires to watch. Macharia was on the 2013 Africa Report of the 50 most influential Africans. He was honoured with the 2015 Eastern Africa Ernst and YoungEntrepreneur Lifetime Achievement Award.

Macharia joined Standard 1 in 1954 at Ndakaini Primary School. He was thereafter admitted at Gituru Intermediate School where he sat for the Kenya African Preliminary Examination (KAPE) in 1958. He taught as an untrained primary school teacher at Makomboki Primary School for a year before joining Kahuhia Teachers Training College. A two-year course at the college would see him qualify as a trained teacher (P3) and he was subsequently posted to Gituru Primary School in 1961.

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He applied for the Kennedy Airlifts and was accepted in the 1962 group. His family could not however raise the 4,000 shillings required for the plane ticket to the United States. He could only raise 1,200 shillings and had to travel for nearly 2 months by road from Kenya to Benghazi, Libya, where he took a ship to England and then a flight to the USA.

On arrival, he enrolled in Seattle Technical College and completed his high school education two years later. Macharia would later a Bachelor of Arts degree in Political Science from Seattle Pacific University and a Bachelor of Science degree in Accounting from the University of Washington. He would then complete a Master of Science in Accounting/Finance, a Master of Arts in Accounting and was certified as a Certified Public Accountant (CPA).

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