Jay Kay's Business Consultants

17/11/2025

🚀 Transform Your Business with Jay Kays Business Consultants!🚀

Are you facing challenges with ZRA smart invoicing, struggling with Income tax filing, or needing assistance with VAT refunds? Or perhaps you’re in need of a tailored business plan to secure vital funding from CEC or your bank? Look no further!

At Jay Kay's Business Consultants we are your one-stop solution for all your business needs. Our expert services are designed to help you thrive in today’s competitive landscape:

🌟 Our Services Include:
- Comprehensive Income Tax Computations & Filing
- Efficient VAT Returns Preparation & Filing
- Seamless Smart Invoicing & VAT Refund Processing
- Professional Financial Statement Drafting
- Strategic Corporate & Business Planning
- Accurate Bookkeeping & Accountancy Services
- NAPSA 20% Partial Withdrawal & Lump Sum Claims
- Innovative Business Restructuring & Turnaround Strategies

Affordable Solutions Starting at Just K1000!

Don't let financial challenges hold you back. Get in touch today and unlock the full potential of your business! With Jay Kay's Business Solutions you are in safe hands.

📞 WhatsApp us at 0777215512 for a consultation!

Let's work together and achieve your business goals! 💼

Business service

16/07/2025

🌍 Unlocking SME Potential in Zambia — A Call to Visionary Investors and Partners 🇿🇲
Today in Lusaka, Zambia signaled a pivotal shift in its economic development with the launch of Growth Investment Partners Zambia, a joint initiative backed by $70 million from British International Investment, Swedfund, and the Zambian National Pension Scheme Authority.
With a projected deployment of over $300 million across 150 SMEs over the next 15 years, this platform isn’t just capital — it’s catalytic. It’s a bold statement: Zambia’s SME sector is ready to lead inclusive growth, create lasting jobs, and build resilience.
Yet access to capital remains one of the biggest hurdles. At Jay Kays Business Consultants, we stand ready to bridge this gap by helping SMEs build proposals that meet rigorous investor expectations. Our services focus on:
• ✅ Developing bankable business plans with clear financial projections
• 🌿 Embedding ESG performance metrics to align with global sustainability standards
• 📊 Creating measurable impact frameworks for monitoring and reporting
We invite development partners and investors seeking high-impact, scalable investments in emerging markets to explore strategic collaboration. Together, we can shape Zambia’s growth story — one SME at a time.
🤝 Contact us to discuss how your capital and our expertise can unlock transformative change. 0777215512

11/05/2025

**Reliable Bookkeeping & Trade Finance Solutions – We've Got You Covered!**

Looking for expert bookkeeping services and financial statement drafting? Entrust us with your records and rest assured—you’re in safe hands.

We are also excited to announce that we now offer import and export financing! As independent sales consultants in partnership with EURO EXIM Bank, we provide comprehensive trade finance solutions tailored to your needs.

Whether you're managing your financial records or seeking funding for international trade, we are your one-stop center for all trade solutions.

Get in touch with us today—we're here to finance your global business ventures! Call or whats app 7777215512

07/05/2025

Dollar is being battered daily by uncle Kwacha. Actually Dollar is the worst performing currency in the world at the moment. Speculators will panick more and offload more dollars. expect kwacha to firm further.

05/04/2025

Shout out to our newest followers! Excited to have you onboard! Makumba Chimba, Shëphērd Åll Däy

03/04/2025

Job opportunities for a start up company.

01/04/2025

If you haven't done your provisional tax don't burry your head in the sand, we are here to help you all the way and help you with tax penalties waiver all this for K1,500. Get in touch with us 0777215512

28/03/2025

Tax Changes in 2025: What Every Business Needs to Know

Hello, my name is Joel K***a, and I’m a tax and business management consultant at Jay Kay’s Business Consultants. As a seasoned tax professional, I understand how staying up-to-date with tax changes can significantly impact your financial planning. The 2025 tax updates have introduced several key changes that businesses of all sizes need to prepare for.

Here’s a summary of the most important updates:

1. Turnover Tax Changes
- Threshold Increase: The annual turnover threshold for businesses under turnover tax has risen to ZMW 5 million (previously ZMW 800,000).
- Rate Change: The turnover tax rate has been increased from 4% to 5%.
- Implication: If your business turnover is under ZMW 5 million, you will transition from income tax to turnover tax. This adjustment is particularly relevant for economy participants whose income falls within this range.

2. Trading Losses
- Adjustment: Businesses can now offset only 50% of trading losses against taxable income, reduced from the previous 100%.
- Implication: This reduction limits the ability to lower taxable income, making careful financial planning essential.
3. Advance Income Tax
- Applicability: Advance income tax will now apply in the following situations if you lack a valid tax clearance certificate:
- Exporting goods for commercial purposes.
- Sending remittances exceeding $2,000 outside Zambia.
- Implication: To avoid advance tax payments, ensure your tax clearance certificate is always up to date.

4. VAT & Smart Invoicing
- VAT Threshold: The VAT registration threshold remains at ZMW 800,000.
- Dual Registration: Businesses with turnover between ZMW 800,000 and ZMW 5 million must now register for both turnover tax and VAT.
- New Rule: Input tax claims will only be accepted for invoices generated through the smart invoicing system or from exempt suppliers.
- Implication: Non-compliant invoices will no longer qualify for VAT deductions. Transition to the smart invoicing system promptly to stay compliant.
5. Other Notable Changes**
- Motor Vehicle Presumptive Tax: Increased by 20%.
- Rental Income Tax: Raised from 12.5% to 16% for income exceeding ZMW 800,000.
- Copper Product Manufacturing Tax: Increased from 15% to 20%.
- Betting and Lottery Winnings Tax: Brick-and-mortar winnings are now taxed at 15%.

6. Recommended Actions
- Reassess your tax obligations based on your business turnover.
- Economic participants, verify if you now fall under the turnover tax regime.
- International traders, ensure compliance to avoid advance income tax liabilities.
- Most importantly, conduct a comprehensive financial review and seek expert advice to navigate these changes effectively.

For personalized guidance on how these updates impact your business, feel free to reach out.

Jay Kay’s Business Consultants
Risk Management | Tax | Accounting | Investment Analysis | Corporate Planning & Performance Improvement | Business Advisory.
📞 Call: 0777215512

21/03/2025

06/03/2025

Today I want to weight in my thoughts on the continued depreciation of the Kwacha against major convertible currencies. One economist student doing a research on FX markets operations asked me to briefly explain why the kwacha has lost stability and within 8 weeks the kwacha has breached the ZMW28 psychological level and it is heading towards ZMW 30 defying analysts Prediction. Well the explanation is simple, it’s Trump mania. Yesterday I briefly explained how the geopolitics happenings are affecting the performance of our economy.
The kwacha started depreciating just when Donald Trump won the elections in America. In January when he took office he signed executive orders freezing financial aid and disbursements to USAID for 90 days that is where the kwacha woes began to worsen. USAID has been pumping billions of dollars in the Zambian economy. I was privileged to work on two USAID funded projects one was worthy 5 million dollars and another one the most recent one, the Scaling up nutrition and technical Assistance ( SUN TA) project this was a 5 years project worthy a whooping 71 million dollars. Every year we were receiving over 2 million dollars straight from USA home office, all that money plus other USAID funded projects dotted around the country implemented by other organizations was the money that was holding the kwacha to keep it afloat. So with the freezing of Financial Aid what do you expect to happen to poor Kwacha? Government advisors and Risk management professionals must have modelled this geopolitical risk in there models, they should have predicted like I predicted that Donald Trump would win elections and develop risk models and scenarios of what will happen when Trump implement his campaign pronouncements. From there mitigating measures were going to be taken way ahead. This firefighting way of risk management doesn’t help at all. There is a need to take a strategic approach to risk management to prevent macro strategic drift. There is news that has come from USA that the supreme court has lifted the lid on the 90 days freeze, funding should be released to finance USAlD projects in critical areas, the court has not put the date when funds should be released, suffice to say by the time funds start coming, the damage on the kwacha would have been done yes beyond repair. Like our LinkedIn page Jay Kay’s Business Consultants and get in touch with us for Accountancy , Corporate Strategy and risk management solutions.

Business service