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Author: gknahashon.co.ke

A guide to Selecting your Business Entity

The good news is that if your present business structure does not work for you, you can always modify it. Contact a Professional Your business legal structure has an enormous impact. It is an important component in determining how much liability your business face, and the separation between your personal and business taxes. We explore […]

Starting a Business in Kenya: What you should know

Starting a business entails more than just raising funds, renting premises, employing employees, and purchasing inventory. Before you go ahead and execute any of the above, look at your prospective business from a futuristic perspective.If you already own a business, I’m sure you’ve had to deal with executive, and legal issues you had never thought […]

Finance Bill 2024: Key proposals

The contested Finance Bill 2024 proposes significant changes to tax legislation. We highlight some of these proposed changes and present an overview of the Bill’s provisions. One most notable proposal is to levy a motor vehicle tax of 2.5% of the car’s value, with set minimum at Ksh. 5,000 and capped at Ksh. 100,000.   […]

1.5% Affordable Housing Levy is on all gross income received or accrued;

Just in case you did not know, under the Affordable Housing Levy  Act 2024 assented in March, 19th 2024; 1.5% is levied on :  Salary Gross income received including; Rental income Sales chargeable to turnover Any sales before VAT. Any other income received or accrued in Kenya The employer’s contribution to the Affordable Housing Levy […]

Affordable Accounting software with support from an accountant.

Installing accounting software does not have to be costly. Most business owners are confused which accounting software is best suited to their needs or matches the skills of their accounting staff. Aside from this uncertainty, there is concern that a new program may disrupt daily operations in the accounting department. Getting support or consulting with […]

Cash flow and why it is important for SMEs

QuickBooks Online installation and support. Benefits of consistently tracking your cashflow. Assess liquidity. Assess flexibility to cover operating expenses. Plan for reinvestments and paying arising expenses. Easily track your cashflow with affordable QuickBooks Online: Learn more Cash flow is the movement of money in and out of the business. Assessing your cashflows helps determine the […]

KRA forgiving all your tax penalties and interest

As a business owner right now, you could benefit immensely from the ongoing KRA tax amnesty if you have tax penalties and interests that you have carried along. Apply now, help your business get a Tax Compliance Certificate easily, also save money.

e-Tims; USSD

You can now access KRA services related to e-Tims on your phone. Dial *222# Then follow the steps provided in the eTims-Lite-Useguide-USSD.

5 Signs it’s time to sell your business

So you are at this point where for whatever reason, your business is no longer working for you. You are contemplating closing down now or waiting it out until it can no longer meet your overhead. These two options will most likely end with you losing money. So, what about selling it? Plus, selling your […]

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Jackie.W. Murage

Associate- Corporate Services

As an Associate-Corporate Services, Jackline leads client relations, helping organizations develop strong corporate strategies. She brings relevant experience in the role of helping clients develop and implement corporate goals and objectives, formulate corporate strategies around their capital resources, achieve optimal strategic mix, and sustain a healthy risks-return balance.

Jackline holds a Bachelor’s Degree in Business Management; Finance and Banking from Maasai Mara University

Diana Kiarie

Manager- Accounts and Financial Reporting

Diana serves as the Manager of Accounts and Financial Reporting and holds a Bachelor’s degree in Commerce with a specialization in Accounting from Mount Kenya University. Additionally, she possesses a diploma in Business Management from the University of Nairobi. Currently pursuing CPA
Advanced Level, Diana has over five years of experience in finance, accounting, audit, and taxation for the firm, significantly enhancing strategic financial management activities.

CPA Gitau Nahashon

Senior Managing Partner

CPA Gitau Nahashon is an accomplished finance and accounting professional with over 21 years of experience in the fields of accounting, tax, audit, advisory, corporate governance, and business consultancy. Nahashon is the founding partner of GK Nahashon & Company, a rapidly growing medium-sized audit firm located in Rosslyn, Limuru Road.

He is a member of the Institute of Certified Public Accountants of Kenya (ICPAK), Kenya Institute of Management (KIM), and the Institute of Internal Auditors Kenya Chapter (IIA). CPA Nahashon is a passionate accountant, financial analyst, tax litigant, and advisor as well as corporate finance advisor. All this emerges from his background of Bachelor of Commerce, Finance, and Accounting as well as his professional training as a Certified Public Accountant (CPA-K) coupled with his many years of hands-on experience. He is a licensed practicing auditor and consultant with the Institute of Certified Public Accountants of Kenya. He is an MS Excel enthusiast having trained several high-ranking finance professionals in financial modeling, forecasting, and reporting using sophisticated Excel functions and formulae.

CPA Nahashon is a certified QuickBooks pro advisor, a position he uses to offer support in QuickBooks online as well as advise clients on the usage of QuickBooks for their accounting, payroll, and inventory management. This certification increases the confidence that clients have in our expertise in automated accounting software.

CPA Nahashon is extremely zealous of compliance, he has worked for several employers and private clients shepherding them to remain compliant with the regulations, policies, and guidelines of various regulators. As a risk and compliance professional, CPA Nahashon has brokered many deals and structured compliance highways for many organizations.

CPA Nahashon has enjoyed a thriving career in the private sector where he served in various capacities within the manufacturing, real estate, educational, and banking sectors. His major accomplishments include overseeing effective system migration, automation of MIS, conducting gap analysis for new CBK guidelines, successful acquisition structure, corporate governance training, financial reporting, training advanced MS Excel, successful audit engagements, setting up a successful microfinance company, several successful funding proposals among others.

This professional accountant has held the hands of many start-ups until they are mature with huge turnovers. He has mid-wifed micro enterprises to become medium-sized entities some of them with balance sheet of over Kshs 1B. He has successfully transitioned chamas to birthing enterprises that are current industry and market leaders.

He has served in various boards of academies, schools, SME’s and serves in advisory board of a thriving business in the service industry. He is currently a board chairman in one of the SME’s he serves as an independent director. He is an astute leader with impeccable people leadership skills and serves the community in several leadership positions transforming lives and offering hope to the destitute.