PreciousTech Solutions

20/02/2026

Contact PreciousTech Solutions for these services,Tax,Audit Accounting and Business Advisory.

19/02/2026

The recent surge in tax audits targeting individuals ( A-PINs) marks a dramatic shift in Kenya’s tax enforcement landscape. For decades, many high-net-worth individuals and business owners operated under the assumption that their financial activities would go unnoticed, especially if they dealt in cash or maintained minimal digital footprints. However, Kenya has significantly enhanced its capacity to track and analyze financial data, leaving fewer places to hide. Those who avoided scrutiny for 30 years are now facing intense audits, often triggered by discrepancies between their declared income and visible assets like luxury cars, real estate, or unexplained bank deposits.

The digitization of key registries—such as Ardhisasa for land transactions and NTSA for vehicle ownership,has made it nearly impossible to conceal wealth. In the past, physical files could be misplaced or altered, but digital records are permanent and easily cross-referenced. If someone purchased a high-value SUV or sold prime land without declaring the income, the same can be flagged with ease. This shift means that traditional tax evasion tactics, such as underreporting income or failing to file returns, are far riskier than before.

Looking ahead, tax compliance will only become stricter as Kenya adopts more advanced technologies. Artificial intelligence (AI) will enable predictive audits, where algorithms identify potential tax evaders based on spending patterns before manual reviews even begin. Blockchain could further secure transaction records, eliminating any remaining loopholes for manipulation.

Additionally, global data-sharing agreements, such as the Common Reporting Standard (CRS), ensure that offshore accounts and foreign assets are no longer safe havens for untaxed money.

For taxpayers, the message is clear: noncompliance is no longer easy. The KRA’s ability to track financial activity digitally means that discrepancies will eventually be caught. The old ways of tax avoidance are disappearing, and the only sustainable strategy is transparency and adherence to the law. The future of taxation is digital, and there’s no turning back.

Compliance
&Tax Procedures Act

17/05/2025

One of the common phrases you will hear from traders is that ‘mimi ni wa TOT si wa VAT’
That phrase though popular is misleading. TOT and VAT though both based on sales are not related. TOT is an income tax.
The correct statement should be ‘’mimi ni wa TOT si wa corporate tax’ .
Once you hit KES 5,000,000 taxable sales in a year you are required to register for VAT whether you are on TOT or not.

29/04/2025

*Business Consultants, Bookkeeping & ITax Services.*

Are you a sole proprietorship business, SME's Or limited liability company?
PreciousTech gives you an array of services to help you watch the performance and probity of your business through provision of critical accounting services not limited to :-

1. Stock taking, stock valuation and advisory to the relevant parties.

2.Preperation of monthly financial statements like P&L, statements of financial positions Expenses tracker and advising on important aspects to cutdown possible expenses.

2. Filing statutory returns ie NHIF, NSSF, PAYE, NITA, VAT, Rental INCOME, End of year Income Tax for individuals & Corporate organizations.

3. Retrieval of lost kra pin.

4. Filing of Monthly Rental Income Returns.

5. Application for Tax compliance Certificate(TCC).

7. Filing KRA returns for those with withholding tax certificates

8.Bookkeeping.

9. Registration of a New Company and Amendment of Company details.

ALL other governmental services (NTSA, Name search, Transfer of ownership, Ecitizen, CR12 APPLICATION, Sheria house returns and many more).

Contact
Call/WhatsApp 0713195667
[email protected]

11/10/2024

*Business Consultants, Bookkeeping & ITax Services.*
Are you an aspiring entrepreneur who wants to venture into sole proprietorship business, SME's Or limited liability company?
PreciousTech gives you an array of services to help you watch the performance and probity of your business through provision of critical accounting services since the point of conception or company registration. This includes :-
1. Stock taking, stock valuation and advisory to the relevant parties.
2.Preperation of monthly financial statements like P&L, statements of financial positions Expenses tracker and advising on important aspects to cutdown possible expenses.
2. Filing statutory returns ie NHIF, NSSF, PAYE, NITA, VAT, Rental INCOME, End of year Income Tax for individuals & Corporate organizations.
3. Retrieval of lost kra pin.
4. Filing of Monthly Rental Income Returns.
5. Application for Tax compliance Certificate(TCC).
7. Filing KRA returns for those with withholding tax certificates
8.Bookkeeping.
9. Registration of a New Company and Amendment of Company details.
ALL other governmental services (NTSA, Name search, Transfer of ownership, Ecitizen, CR12 APPLICATION, Sheria house returns and many more).
Contact
0731316561
OR
[email protected]

20/09/2024