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Author: gknahashon.co.ke

How you could increase the value of your business to sell.

Maximizing the value of your business before asking for an offer to sell will guarantee you maximum returns. These four tips could help you if you are planning to sell. 1. Consult  Get advice from an expert. They will ensure you do it right for example by conducting valuation, and setting up a strategic plan, […]

Is it time to sell your business?

Related How you could increase the value of your business to sell. 5 Signs it’s time to sell your business Entrepreneurs are resilient, determined, and willing to do anything to tend to their businesses. Owning and running a business is emotional, there is attachment. That is why it is a hard decision to sell, it […]

Business taxes and Due Dates in Kenya

In Kenya, business of all types; sole proprietorship, partnerships, and companies have different types of tax obligations. Meeting all tax obligations when they come due not only helps the business avoid huge penalties and interests that come along with failing to pay tax, it also yearns a goodwill credit. Learn more…

Tips: When scaling-up your business

The importance of Double-Entry Accounting system Setting up an accounting system appropriate for your business is at the top in a scaling-strategies checklist. In this short write-up, let us enlighten you on the importance of double-entry accounting system as early as at the on-set of starting a business. Accounting involves capturing all transactions, and presenting […]

NSSF 2024 Rates.

NSSF Act 2013, (the Third Schedule) Enacted in 2023, effective Feb 2023.  Contributions Tier 1: contributions in respect of pensionable earnings up to the Lower Earnings Limit (LEL) Tier II: Contributions in respect of pensionable earnings above the Lower earnings Limit ( referred to as the Upper Earnings Limit) Under provisions in the Third Schedule, […]

Mandatory TIMs/e-TIMs compliance; critical implications.

Mandatory onboarding: VAT & non-VAT taxpayers Effective 1st January 2024 All invoices for supporting expenditure for tax purposes must have been generated from electronic invoicing management system e-TIMS. Under Section 15 of the Income Tax, business expenditure provided for deduction in ascertaining the adjusted taxable income for the year must have been incurred wholly & […]

QuickBooks Online for Start-Ups

Accurate, up-to-date, clear, correctly analyzed financial data is an impactful strength for any business, and for start-ups this could easily be the factor that determines whether your business survives and thrives or it crushes as soon as it starts. Financial data grows linearly in volume and complexity with any business expansion. And because growth and […]

The Social Health Insurance Fund (SHIF); 2.75% new NHIF rates

Proposals under the Social Health Insurance Fund Act; Salaried employees to contribute a standard 2.75% of their monthly gross income. Self-employed individuals to contribute 2.75% of their declared or assessed monthly gross income, with a minimum contribution set as Ksh. 300. Unemployed individuals or those categorized as vulnerable to contribute Ksh. 1,000. Individuals listed as […]

Understanding Value Added Tax

Value Added Tax, or VAT, is a tax on the value added by businesses during each stage of production and distribution of a product or service. VAT is applied at every stage, from materials acquisition to final sale.

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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.