GBO Solutions

GBO Solutions GBO Solutions is a Business Process Outsourcing and Virtual Assistance Company based in Ruiru- Kenya.

08/01/2026

šŸ“¢ INTERNSHIP OPPORTUNITY – RUIRU (2 POSITIONS)

GBO Solutions Ltd
Business Administration as a Service
We make businesses run properly

We are looking for two (2) Administrative Assistant Interns to join our team.
šŸ“ Location: Ruiru, Kiambu County
šŸ’¼ Role: Administrative Assistant Intern
šŸ§‘ā€šŸ’¼ Reports to: Head of Business Administration (HBA)
šŸ•˜ Mode: On-site & Virtual
ā³ Type: Full-time Internship

šŸ”¹ Key Responsibilities

Administrative & executive support
Managing schedules and correspondence
Organizing meetings and records
Data entry, filing & documentation
Supporting daily office operations

šŸ”¹ Qualifications

Diploma or Bachelor’s degree in Business Administration, Office Management, or related field

Good communication & organizational skills

Proficiency in MS Office / Google Workspace

Professional, reliable & eager to learn

šŸ“© Send your CV to: [email protected]

šŸ“Œ Only shortlisted candidates will be contacted.

Apologies to my family and friends for voting for the current government. I truly believed in it, but now, I would like ...
30/09/2024

Apologies to my family and friends for voting for the current government. I truly believed in it, but now, I would like to express my concerns.

With the introduction of eTIMS, increased NSSF contributions, the Housing Levy, and now the expanded NHIF (soon to be National Social Health Insurance Fund - NSHIF), these policies seem to be adding more burdens than relief.

For instance, let’s consider a gross salary of Kshs. 60,000:

NSSF Payable: Kshs. 2,160
Net PAYE Tax Payable: Kshs. 9,487.85
Housing Levy: Kshs. 900
NHIF Payable: Kshs. 1,650
Total Deductions: Kshs. 14,197.85
NET PAY: Kshs. 45,802.15
Now, deduct expenses like transport, rent, loan repayments, and other monthly obligations. How would anyone still be able to support their parents, contribute to the church, or take part in essential social activities?

Is this truly supporting the people? Or are we being pushed toward unemployment and financial strain?

We once talked about development, but now the conversation seems to be about survival, high-level corruption, and policies that might cause people to drop out of the workforce, even if they hold good qualifications. Something went wrong somewhere, and it’s time to reflect on the choices we made.

Let’s have an honest conversation about how we can push for better policies that protect us, support growth, and not just impose taxation for the sake of it.
Lex Jnr Wambui Langston any opportunity to join you guys. heheeeee

Yesterday, I had an insightful conversation with a doctor about tax matters. We discussed how professionals, like doctor...
11/09/2024

Yesterday, I had an insightful conversation with a doctor about tax matters. We discussed how professionals, like doctors, are now required to issue eTIMS invoices to insurance companies. To my surprise, this doctor, who had issued invoices worth 1 million, wasn’t aware that without proper eTIMS receipts or supported expenses, they would be liable to pay 30% of the invoices as taxes. Worse, they may also face penalties and interest for missing installment tax payments!

This made me think—if even highly educated professionals struggle with tax knowledge, what about the general public? It’s time we all come together to help each other and support government efforts in educating people about taxes. Understanding tax obligations can prevent financial penalties and help individuals manage their income more wisely.

Let’s raise awareness, share knowledge, and ensure everyone knows what’s expected of them when it comes to taxes.

Preventing Fire Tragedies: Lessons from the Hillside Endarasha Academy Fire for Real Estate DevelopersThe recent Hillsid...
10/09/2024

Preventing Fire Tragedies: Lessons from the Hillside Endarasha Academy Fire for Real Estate Developers

The recent Hillside Endarasha Academy fire tragedy, which claimed the lives of 21 students, has sparked discussions around fire safety, especially in buildings that host vulnerable populations like schools, residential complexes, and commercial facilities. This unfortunate incident sheds light on how real estate developers and property owners can better design and equip buildings to minimize fire risks and facilitate safe evacuations.

The Role of Infrastructure in Fire Safety
Building Materials: One critical aspect of fire prevention is the choice of building materials. Fire-resistant materials, such as treated wood, concrete, and steel, should be prioritized in construction. Buildings made from flammable materials like untreated timber or poor-quality plastics can fuel fires and make containment more difficult.

Fireproof Exits and Pathways: In the Hillside fire, one of the key issues was the limited ability of students to evacuate quickly. Real estate developers must ensure that all buildings, particularly schools and high-density residential areas, have multiple, well-marked emergency exits. These exits should be easily accessible, free from obstructions, and should lead to safe, open spaces.

Fire Detection and Alarm Systems: The tragedy underscores the importance of having functional fire detection systems such as smoke alarms and sprinklers. Advanced systems can automatically detect the presence of smoke and immediately alert occupants and the local fire department. Sprinklers, on the other hand, can contain the fire before it spreads.

Ventilation Systems: Proper ventilation systems not only improve air quality but can also help in dispersing smoke in the event of a fire. Poor ventilation can trap smoke, causing respiratory issues and panic, both of which hinder safe evacuation. Real estate developers should include smoke vents and make sure the HVAC systems can assist in smoke control during emergencies.

Escape Strategies for Fire Emergencies
Fire Drills and Awareness: Beyond physical infrastructure, building owners must ensure that occupants are prepared for emergencies. Regular fire drills are crucial in familiarizing people with the quickest escape routes. In schools and high-rise buildings, this can be life-saving.

Clearly Marked Exits: Every floor should have clearly marked fire exits with illuminated signs. During a fire, especially with smoke present, visibility can be reduced. Therefore, these signs should be easily identifiable even in low-light situations.

Fire Ladders and Evacuation Tools: For taller buildings, especially apartments or office complexes, fire ladders should be made available for escape from upper floors. Property developers should consider equipping each unit with basic fire safety tools such as fire extinguishers and blankets.

Conclusion
The tragic fire at Hillside Endarasha Academy highlights the critical role of infrastructure in ensuring fire safety. Real estate developers, architects, and property managers must prioritize the use of fire-resistant materials, multiple exits, and advanced fire detection systems. Moreover, the integration of technology, regular fire drills, and strategic fire escape planning are crucial steps that can prevent loss of life and minimize damage in the unfortunate event of a fire.

By taking these proactive measures, we can build safer environments for both children and adults alike.

Zoho Books: Your Extra Pair of Hands for Stress-Free Finances! Are you a small business owner in Kenya with sales under ...
26/08/2024

Zoho Books: Your Extra Pair of Hands for Stress-Free Finances!

Are you a small business owner in Kenya with sales under 5 million KES? Zoho Books is the perfect accounting solution for you—and it’s completely FREE! No more stressing about organizing your finances while trying to find clients. With Zoho Books, you can manage your accounts effortlessly, and it integrates seamlessly with other Zoho software, making it even easier to run your business.

Why Choose Zoho Books?

Affordable & Accessible: Free for small businesses with less than 5 million KES in sales.
Seamless Integration: Works hand-in-hand with other Zoho applications, providing a comprehensive business management solution.
Stress-Free Accounting: Simplifies VAT, TOT, PAYE, and more, so you can focus on growing your business.
We encourage all our clients to take advantage of Zoho Books—it’s like having an extra pair of hands in your business. If you’d like training on how to use it or need virtual assistance with your finances, just inbox me, and I’ll be happy to help!

25/08/2024

This year, I've been amazed by four companies that are doing incredible work:

Zoho: I've focused on Zoho Books, especially for small businesses. If you're still using Excel for everything, it's time to switch to Zoho Books—it's free for businesses with less than 5 million in revenue. Plus, it's an excellent tool for eTIMS, as Zoho has partnered with KRA.

STARLINK: Starlink offers high-speed internet, and I recently helped a friend set it up at a hotel in a remote area. He's been all smiles since! Starlink can be used anywhere in Kenya, including in the transport industry. It's the best internet provider, which is probably why Safaricom isn't too happy. But for us Kenyans, it's a game-changer!

Presta Loan Management System: Presta helps SACCOs, groups, and individuals automate loan management. It's free for businesses with up to 50 customers or a maximum of 200k in loans/savings. If you're part of a group that offers loans to its members, this is the best system to try.

Jampos POS: This POS system helps you record sales, track stock and inventory, manage payments (including MPESA and card payments), and track all expenses. It's available for as low as Ksh 500.00 and is perfect for hotels and retail shops.

house Hunting?, Looking to buy or sell Property or find reliable property Agencies Look no further. We at GBO Homes will...
02/08/2024

house Hunting?, Looking to buy or sell Property or find reliable property Agencies Look no further. We at GBO Homes will take care of that for you.

Yesterday, I had a discussion with a friend who works a few jobs just to pay the bills. She mentioned she doesn't want t...
18/07/2024

Yesterday, I had a discussion with a friend who works a few jobs just to pay the bills. She mentioned she doesn't want to register a business because of the taxes involved. Knowing her, I asked her why she always prays for God to bless her with business expansion and success if she's hesitant to take that step.

This conversation highlighted a common issue: many people have limited knowledge about taxation and how to take advantage of minimum tax and other tax benefits in our country. We must do our part by registering our businesses, acquiring knowledge on how to navigate taxes, and praying for success.

I always say that we are job creators and should stop depending on the government for jobs. The role of the government is to create a conducive environment for doing business. Let's take charge, register our businesses, and strive for success.

Over the years, I've seen many groups, SACCOs, cooperatives, churches, and NGOs operating without proper accountability ...
09/07/2024

Over the years, I've seen many groups, SACCOs, cooperatives, churches, and NGOs operating without proper accountability for their finances and tax matters. Recently, many SACCOs have faced significant issues with the Revenue Authority, with some being penalized up to millions in penalties, interest, and principal payable, which could lead to closures. I have seen churches and pastors facing similar challenges with the KRA, and if the tax man is yet to reach your church, watch out and amend your ways. While tithes and offerings are not taxable, many churches have failed to withhold taxes for consultants, employees, and other expenses. The only part where churches might be exempt is income tax, but how the money is spent is a big issue. Many church leaders might blame Ruto and the government, but this issue stems from an Act passed many years ago.

For those who believe they are not supposed to pay taxes, request a tax exemption certificate or refer to the relevant Act for support. Founders and members need to take action: hire tax accountants to develop operational policies on taxation and ensure their accountants attend tax classes.

ChatGPTAll other person who receive income or whose income is accrued in Kenya. Are supposed to remit housing Levy TaxMy...
08/07/2024

ChatGPT

All other person who receive income or whose income is accrued in Kenya. Are supposed to remit housing Levy Tax

My friends who are landlords, FA and consultants
ChatGPT

All other person who receive income or whose income is accrued in Kenya. Are supposed to remit housing Levy Tax

My friends who are landlords, FA and consultants
ChatGPT
Yes, under the Finance Act 2023, all individuals who receive income or whose income is accrued in Kenya, including landlords, financial advisors, and consultants, are required to remit the Housing Levy Tax. This tax is part of the government's initiative to fund affordable housing projects across the country.

If you or your friends have any questions about how to comply with this tax, it's advisable to consult with a tax professional or the Kenya Revenue Authority (KRA) for detailed guidance.

All other person who receive income or whose income is accrued in Kenya. Are supposed to remit housing Levy Tax

My friends who are landlords, FA financial advisors ,consultants, individual and sole practitioner who has registered TOT,
ChatGPT
Yes, under the Finance Act 2023, all individuals who receive income or whose income is accrued in Kenya are required to remit the Housing Levy Tax. This includes:

Landlords
Financial Advisors (FA)
Consultants
Individuals and sole practitioners who have registered for Turnover Tax (TOT)
The Housing Levy Tax is part of the government's efforts to fund affordable housing projects in the country. It's essential for all the mentioned categories to comply with this requirement. For precise guidance and compliance details, consulting with a tax professional or the Kenya Revenue Authority (KRA) is recommended.

All other person who receive income or whose income is accrued in Kenya. Are supposed to remit housing Levy Tax

My friends who are landlords, FA financial advisors ,consultants, individual and sole propreators who has registered TOT etc. many people are aware of this tax and by coming years this people will face penalties interest which will be backdated to march 2023, emerging individuals who will be court 4years to come
ChatGPT
All individuals who receive income or whose income is accrued in Kenya are required to remit the Housing Levy Tax. This includes:

Landlords
Financial Advisors (FA)
Consultants
Individuals and sole proprietors who have registered for Turnover Tax (TOT)
Any other income-earning individuals
It's important to note that many people may not be aware of this tax, but failure to comply can result in penalties and interest. These penalties can be backdated to March 2023, which means that individuals who fail to remit the Housing Levy Tax could face significant financial repercussions in the future. This includes emerging individuals who might be caught four years from now.

To avoid these penalties, it is advisable for all affected individuals to ensure compliance with the Housing Levy Tax requirements.

Over the years, I have helped many people register companies, business names, groups with KRA PINs, and partnerships. I'...
08/07/2024

Over the years, I have helped many people register companies, business names, groups with KRA PINs, and partnerships. I've also interacted with people who have registered companies and realized that many do not know what is expected of them. Nowadays, I am trying my best to educate them, especially on KRA and the Registrar of Companies.

Many people think that once they register one of these entities, all the money that hits their account is theirs. This is not true. The government is entitled to 30% of the profit, but calculating this profit can be a serious issue as one must prove their expenses. The taxman can proceed to charge 30% of all the money that hits the bank account, paybill, or any record of money that enters the company, either in cash or otherwise.

Think of it this way: if you have a business with two directors and you are not involved in day-to-day operations, when it comes to sharing the profit, you would want confirmation and explanation of expenses and income. Similarly, the government requires you to explain all expenses and support them with documentation. It is mandatory to keep records for at least 5 years.

Additionally, the government has introduced the Electronic Tax Invoice Management System (ETIMS), and it is required that all businesses issue ETIMS invoices during transactions. Failure to do so can result in huge penalties and interest. All expenses should be supported with ETIMS invoices, meaning you need to request invoices from your suppliers. For those who have yet to register for P.A.Y.E, don't withhold taxes like commission tax, management fee tax, and other withholding taxes, or you will end up paying tax for people you never deducted.

Filing returns for the year 2024 will be challenging, happening from 1st January 2025 to 30th June 2025. I kindly request all people who are issuing ETIMS invoices and those who are receiving commissions, management fees, and any kind of withholding to plan their filing returns like yesterday, as it will be a painful exercise.

02/07/2024

Let our experts help with the burden, let us be
Your Extra Pair of hands....

Would You Like Assistance with Filling Your KRA Returns for the Year 2023?The deadline is today, June 30, 2024.If you wo...
30/06/2024

Would You Like Assistance with Filling Your KRA Returns for the Year 2023?
The deadline is today, June 30, 2024.
If you would like any assistance, please fill out the Google Form below, and we will contact you promptly to provide assistance.
If you have already filed, please don't hesitate to refer us to your friends or anyone else who might need assistance. We would greatly appreciate it.

We have three days remaining until the deadline on 30th June 2024. If you would like any assistance, please fill out the Google Form below, and we will contact you promptly to provide assistance. If you have already filed, please don't hesitate to refer us to your friends or anyone else who might ne...

As we discuss the Finance Act 2024, my main concern is the current KRA system, ETIMS. If it gets implemented from 70% to...
27/06/2024

As we discuss the Finance Act 2024, my main concern is the current KRA system, ETIMS. If it gets implemented from 70% to 100% this year, many people will have a lot of tax payable in 2025 when filing returns for 2024. The only ones who won't be affected are employees and businesses that pay TOT. However, those who receive commissions, management, or professional fees with 5% and 10% withholding should set aside 20% of what they earn.

Many people and companies might have their accounts frozen by KRA starting January 2025. Take that to the bank. As per Section 42 of the Tax Procedures Act, the KRA is empowered to deactivate PINs, issue travel bans, collect cash due from the taxpayer's banker, and prosecute if there are reasonable grounds to believe there will be a default.

I would request anyone who has registered for ETIMS or is paid commissions, management fees, professional fees, training fees, and similar incomes to consult a tax accountant who can guide you on the tax payable next year. Failure to do so might result in needing to take out loans to pay KRA for the next three years. Please don't mess yourself up.

To my friends who registered a company some time back but have never done any business since registration, take advantag...
13/06/2024

To my friends who registered a company some time back but have never done any business since registration, take advantage of the tax amnesty. Remember, for a company, you are penalized Kshs. 20k per year for not filing returns on income tax, Kshs. 10k per month for PAYE, and Kshs. 10k per month for VAT. Remember, the opportunity is available until 30th June 2024. After that, you will have to pay all penalties and interest. If you need any assistance, let me know or visit KRA office for assistance.

Dear God, cherished family, esteemed friends, respected clients, and supportive bosses,As I mark the occasion of my 37th...
07/06/2024

Dear God, cherished family, esteemed friends, respected clients, and supportive bosses,

As I mark the occasion of my 37th birthday, I am overwhelmed with gratitude. To God, thank you for the precious gift of life and for guiding me through each day with your grace and wisdom.

To my beloved family and dear friends, your unwavering love, encouragement, and companionship have been the greatest blessings in my journey. Your presence has illuminated my path and filled my heart with warmth and joy.

To my esteemed clients and supportive bosses, I extend my deepest appreciation for the opportunities you've entrusted to me. Your confidence in my abilities has been a source of motivation and inspiration, driving me to continually strive for excellence.

On this special day, I am profoundly thankful for the 37 years of experiences, lessons, and memories that have shaped me into the person I am today. Each moment, whether joyous or challenging, has contributed to my growth and resilience.

As I embark on another year of life's adventures, I am filled with optimism and gratitude for the journey ahead. May we continue to share laughter, friendship, and success together.

With heartfelt gratitude and warm wishes,

As an accountant, I've had the privilege of interacting with a multitude of people, forming countless professional relat...
23/05/2024

As an accountant, I've had the privilege of interacting with a multitude of people, forming countless professional relationships along the way. However, one conversation with a friend who had recently retired left a lasting impact on me, prompting me to reflect on the nature of our connections and the value we place on them.

In his working years, my friend's phone was a constant symphony of activity. Colleagues, clients, and contacts from various spheres inundated him with calls, keeping him perpetually engaged and in demand. But with retirement came a stark change. The once incessant buzz of his phone fell eerily silent. Now, the only regular call he received was from his wife, often for mundane household tasks. Occasionally, a close friend would reach out, but such instances were rare. Sometimes, he confessed to me, he would even dial his own number just to ensure his phone was still operational.

This drastic shift in social interaction prompted me to ponder deeply on the dynamics of our relationships. It reminded me of a statement made by one of Uhuru Kenyatta's ministers on a TV station. The minister's words lingered in my mind, questioning why our phones ring incessantly when we are employed, yet fall silent once we retire. It's a paradox of modern life - we invest so much time and energy into maintaining connections, yet they seem to dissipate once we step out of the professional realm.

But amidst this reflection, I realized a profound truth: our worth is not defined by the demands of our job. The colleagues we spend countless hours with may not always be there when we need support the most. Thus, it becomes imperative to embrace and prepare for a time when our phones may no longer ring as frequently. Instead, we must invest in relationships with family and true friends who will stand by us through life's ups and downs. And above all, we must nurture our spiritual strength and resilience, for it is within these internal reservoirs that we find solace and purpose.

In conclusion, let us all prepare for the inevitable changes that life brings - the quiet moments when the calls dwindle and the emails cease. Let us focus on cultivating enduring relationships with those who genuinely care for us and on fortifying our spiritual foundations. For in the end, it is not the volume of calls or the prestige of our job that sustains us, but the depth of our connections and the strength of our spirit that carry us through life's journey.

In the past few years, during the VER at Britam, I learned a lot about the importance of planning for retirement. While ...
20/05/2024

In the past few years, during the VER at Britam, I learned a lot about the importance of planning for retirement. While investing in properties and saving for a pension is crucial, we must not underestimate the importance of having a regular income during retirement or when you are no longer in full-time employment.

Men are often hit hardest by retirement. Many use all their savings for their children and family, neglecting their own future needs. It's essential to plan and budget accordingly because we still need you in the years to come.

To you who are still young and energetic, as well as those nearing retirement: focus on your cash flow after retirement rather than just building assets. Many prioritize building a house, but without a regular income, sustaining life can become difficult.

Here are some tips to help you prepare:

Prioritize Cash Flow: Invest in pensions, savings, and income-generating investments to ensure a steady stream of income.
Diversify Income Sources: Consider part-time work or passive income opportunities like rental properties or small businesses.
Plan for Healthcare: Secure good health insurance and consider long-term care options to cover medical expenses.
Build Strong Relationships: Maintain close ties with family and friends to avoid loneliness and build a supportive community.
Engage in Hobbies: Use retirement to pursue passions and hobbies that bring joy and purpose to your life.
Seek Financial Advice: Don’t hesitate to consult a financial advisor to create a personalized retirement plan.
Retirement also brings new relationship issues. For men who do not find meaningful activities to replace work, there is a risk of boredom and a sense of purposelessness, which can be stressful and lead to depression and other health problems.

It's never too early to start planning for your future. Your hard work now will pay off, ensuring a secure and fulfilling retirement. Let’s learn from the experiences of those before us and take proactive steps towards a better tomorrow.

12/05/2024

Dear God,

On this Mother's Day, we come before You with hearts full of gratitude and reverence for the incredible mothers and mother figures who grace our lives. We thank You for the gift of women, who embody strength, love, and compassion beyond measure.

Bless all the mothers around the globe, those who have nurtured and guided us with their unconditional love and unwavering support. May Your divine grace continue to shine upon them, granting them the strength to carry out their sacred roles with joy and grace.

We ask for Your blessings upon every mother, filling their hearts with peace, joy, and fulfillment. May they feel appreciated and cherished not just today, but every day, for the invaluable contributions they make to our lives and society.

Guide us to honor and cherish the women in our lives, recognizing their inherent worth and the blessings they bring. Help us to show them the love and appreciation they deserve, today and always.

Amen.

Today, I'm eager to share my journey, which began on May 1st, 2009, when I embraced the role of a gardener at a farm in ...
11/05/2024

Today, I'm eager to share my journey, which began on May 1st, 2009, when I embraced the role of a gardener at a farm in Ruiru with Kofinaf Company Ltd. Driven by an unyielding desire to prove myself, I approached each task with unwavering dedication, earning the respect of my boss. Yet, amidst my commitment, there was one duty I struggled with: sweeping around the gate area, a task at odds with societal gender norms.

In July 2009, my journey took a transformative turn as I embarked on the path of accounting by enrolling in college. During my absence, a colleague from the Luhya community, affectionately nicknamed "Mwalimu," assumed similar responsibilities. Upon my return, witnessing Mwalimu engage in tasks traditionally labeled as "women's work" shattered my ingrained gender stereotypes. This awakening prompted a profound shift in my mindset, advocating for equality in all tasks, regardless of societal expectations.

There's a particular memory etched in my mind from my time at Kofinaf Company Ltd. I vividly recall the day I was challenged to observe the grading process of coffee, starting from grade 1. Overwhelmed with emotion, I confided in my mother that day, vowing to establish my own company. Though the journey has been fraught with challenges and failures, I trust in God's timing for success.

My boss's steadfast support served as a guiding light, propelling me towards new opportunities, including casual jobs at the factory. With fervent prayers, I sought his kindness, and it appeared my prayers were answered. Grateful for his generosity, I learned the significance of extending kindness to others. Yet, amidst moments of benevolence, I encountered individuals who exploited my goodwill, imparting upon me the importance of setting boundaries.

In 2011, as my colleagues advanced in their careers and my salary remained stagnant, initial disappointment blossomed into a profound realization: every setback was but a stepping stone towards a greater plan.

By 2012, fueled by an insatiable hunger for fresh challenges, I bid farewell to my role and embarked on a new chapter in Githunguri. Working at K Unity Sacco and later Jakaranda Feeds as a factory manager laid the groundwork for my eventual transition to where I stand today.

Reflecting on my journey fills me with profound gratitude for the invaluable lessons learned, the opportunities seized, and the unwavering support received. Each experience has sculpted me into the resilient individual I am today, underscoring the importance of embracing challenges, cherishing kindness, and entrusting in the divine plan guiding my path. Today, I humbly share my story with the hope of inspiring others on their journey of self-discovery and growth.

Hey everyone,I wanted to share something that really caught me off guard last week. It turns out that the housing levy, ...
10/05/2024

Hey everyone,

I wanted to share something that really caught me off guard last week. It turns out that the housing levy, which I thought only applied to certain individuals, actually affects a much broader group of people now.

Landlords, those with TOT, and individuals earning commissions or running businesses are now required to pay 1.5% of their gross sales or income towards the housing levy. It's a significant change, and it definitely took me by surprise.

Here's what happened: The courts declared the previous housing levy illegal, prompting Parliament to draft the Affordable Housing Act, which came into force in March 2024. This new Act broadens the scope of who is required to pay the levy, encompassing all individuals and corporations.

So, what does this mean in practical terms? Well, let's break it down:

Employment Income: The levy is 1.5% of the gross salary of an employee. Employers have the responsibility to deduct and match this contribution, then submit it to the Kenya Revenue Authority (KRA) by the 9th of the following month.
Business Income and Other Incomes: For individuals or businesses with income other than employment income, the levy is also 1.5% of gross income received or accrued. This includes commissions, rental income, and other business activities.
Now, to illustrate with an example: Let's say someone like Omtatah earns rental income of Kshs. 200,000.00 per month and commissions of Kshs. 500,000.00 per month. Omtatah would be required to pay the housing levy on the total gross income of Kshs. 700,000.00, which amounts to Kshs. 10,500.00.

These changes have some serious implications, especially for those with multiple income streams. It's crucial to understand how this affects you personally and to ensure compliance with the new regulations.

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