Hirmoge Accounting is committed to empowering non-profit organizations (NPOs) in Kenya to achieve their social good missions. Taxation can be a complex area, and understanding how it applies to your organization is crucial for financial health and compliance. This blog aims to provide a clear and concise guide to non-profit taxation in Kenya, specifically tailored […]
The Power of Tax Consultancy for Businesses and Individuals Taxes are an essential part of any nation’s economic health. In Kenya, a robust tax system plays a crucial role in funding government projects and fostering development. However, navigating the ever-changing tax landscape can be daunting for businesses and individuals alike. This is where tax consultancy […]
What is Equity Financing? Equity financing involves selling a portion of ownership (equity) in your company to investors in exchange for capital. These investors, known as shareholders, become part owners of the business and share in its future profits (dividends) and potential growth (increased share value). Pros of Equity Financing in Kenya Cons of Equity […]
In today’s competitive Kenyan business landscape, streamlining operations and maximizing resources are crucial for success. Outsourcing accounting services has become an increasingly popular option for businesses of all sizes. But is it the right choice for you? Here at Hirmoge Accountancy, we understand the complexities of Kenyan businesses and can guide you through this important […]
Building Your Financial Fortress: Effective Cash Reserve Management Strategies in Kenya In today’s dynamic Kenyan economy, financial stability is paramount. Unexpected expenses, economic downturns, and even personal emergencies can quickly disrupt your financial well-being. Here’s where maintaining healthy cash reserves becomes crucial. This blog, brought to you by Hirmoge Accountancy, explores effective strategies for managing […]
Seizing the Opportunity: A Guide to Tax Amnesty in Kenya for 2024 As a Kenyan taxpayer, you’re well aware of your obligations to the Kenya Revenue Authority (KRA). But what happens if, for whatever reason, you haven’t been fully compliant in the past? Tax arrears, unfiled returns, and penalties can create a significant burden. The […]
Demystifying Tax Deductions: A Guide for Kenyan Small BusinessesAs a Kenyan small business owner, you wear many hats. You juggle marketing, sales, operations, and keeping your finances in order. Taxes can be a particularly daunting aspect, but understanding tax deductions can significantly reduce your tax burden. This guide unpacks tax deductions in the Kenyan context, […]
The Evolving Numbers Game: Preparing Kenyan Accountants for the FutureThe Kenyan accounting landscape is at a crossroads. As technology surges forward and global business ecosystems intertwine, the traditional role of the bean counter is transforming. This blog post delves into the key trends shaping the future of accounting in Kenya, equipping Kenyan accountants with the […]
The Trusted Advisor: How Kenyan Businesses Can Leverage CPAs for GrowthIn the dynamic Kenyan business landscape, navigating financial complexities and making strategic decisions is crucial for success. This is where Certified Public Accountants (CPAs) step in, evolving from number-crunchers to trusted advisors. Their expertise goes beyond traditional accounting, offering a comprehensive suite of business advisory […]
