Litmo Consulting

📊 Why Your Business Needs Bookkeeping – Powered by Litmo Consulting 🇰🇪

Struggling to keep your financial records in order?
Let us help you grow with smart bookkeeping!

Here’s what you get with our expert service:
✅ Safe and well-kept financial records
✅ Stronger credit profile
✅ Better planning for business growth
✅ Effective budget tracking and control

📍Serving businesses across Kenya
📞 0723 667898 | 0720 490297
🌐 www.litmoconsulting.co.ke
📧 [email protected]

Your numbers, our priority!

Simplify your accounting tasks with our professional expertise. Let Litmo Consulting handle the numbers while you focus on growing your business. . . .

📌 After Tax Season in Kenya: What’s Next? | A Guide by Litmo Consulting

As the tax season in Kenya wraps up (typically by 30th June), both individuals and businesses must shift focus to key follow-up actions. These ensure compliance, readiness for audits, and better financial planning for the year ahead.

At Litmo Business Consulting, we’ve outlined a practical checklist for both accountants and taxpayers to navigate the post-tax season period effectively.

✅ FOR ACCOUNTANTS & TAX PROFESSIONALS

1. Tax Reconciliations & Record Keeping
✔ Ensure VAT, PAYE, Income Tax returns align with the client's accounting books.
✔ File and back up receipts, invoices, and tax schedules—retain for at least 5 years (KRA requirement).

2. Client Advisory & Strategy
✔ Send advisory letters summarizing:
– Taxes filed
– Refunds or liabilities
– Compliance risks or red flags
✔ Recommend new strategies: restructuring, allowable deductions, and cost-saving opportunities.

3. Penalties & Waivers
✔ Identify late filings or underpayments.
✔ Apply for waivers via iTax (especially for delays caused by system issues).

4. Prepare for KRA Audits & Compliance Reviews
✔ Be audit-ready: verify VAT declarations vs. actuals.
✔ Confirm proper WHT (Withholding Tax) compliance.

5. Client System Year-End Clean-Up
✔ Close books for the financial year.
✔ Archive documents and start fresh with new ledgers.

✅ FOR TAXPAYERS (Businesses & Individuals)

1. Confirm Acknowledgment Receipts
✔ Log into iTax and download your TCC and return acknowledgment slips for your records.

2. Apply for Refunds (If Applicable)
✔ If eligible, submit refund claims for VAT or PAYE via iTax.
✔ Attach required documents:
– VAT input schedules
– PAYE summaries
– Bank confirmations

3. Review & Plan for the New Year
✔ Assess what worked or failed (e.g., missed deadlines, poor record keeping).
✔ Automate processes using tools like QuickBooks, Zoho, or Excel.

4. eTIMS Compliance (For Businesses)
✔ From 2024, eTIMS is mandatory.
✔ Not onboarded? Let Litmo help you integrate and issue compliant tax invoices.

5. Update KRA PIN & Business Details
✔ Confirm your business name, address, email, and director information are up to date.

📞 Need help with post-tax season support?
Reach out to Litmo Consulting today!
📧 [email protected] | 📱 0723 667898 | 🌐 www.litmoconsulting.co.ke
📍 Follow us: Facebook: Litmo Consulting

🎭 𝐓𝐡𝐞 𝐌𝐚𝐧𝐲 𝐅𝐚𝐜𝐞𝐬 𝐨𝐟 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐀𝐮𝐝𝐢𝐭𝐨𝐫𝐬 – 𝐖𝐡𝐢𝐜𝐡 𝐎𝐧𝐞 𝐇𝐚𝐯𝐞 𝐘𝐨𝐮 𝐌𝐞𝐭?

At Litmo Consulting , we understand that internal auditors come in all shapes and styles. Some uncover real value, while others just skim the surface. Each brings a unique energy into the audit room. Let’s explore four common types:

🔍 1. 𝐓𝐡𝐞 𝐒𝐦𝐚𝐫𝐭 & 𝐒𝐢𝐥𝐞𝐧𝐭
Traits: Observant, sharp, diplomatic
Style: Quiet operator who asks the right questions at just the right time.
Effect: Leaves behind clear, valuable findings without causing a stir — often before anyone realizes what just happened!

💥 2. 𝐓𝐡𝐞 𝐋𝐨𝐮𝐝 & 𝐅𝐨𝐫𝐜𝐞𝐟𝐮𝐥
Traits: Assertive, energetic, direct
Style: Walks in like a detective, points fingers, and calls out "control failure" before the walkthrough ends.
Effect: Either solves the issue... or becomes one 😬

😶 3. 𝐓𝐡𝐞 𝐒𝐡𝐲 & 𝐒𝐮𝐛𝐦𝐢𝐬𝐬𝐢𝐯𝐞
Traits: Timid, overly agreeable, unsure
Style: Nods a lot, avoids conflict, and accepts surface-level answers.
Effect: Nice report, no real impact. Just visiting—not auditing.

🤝 4. 𝐓𝐡𝐞 𝐓𝐨𝐨 𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲
Traits: Sociable, eager to please, boundary-blind
Style: Makes friends quickly, avoids tough conversations, and takes too many “chai breaks.”
Effect: Independence is compromised. It turns into a PR visit instead of a real audit.

✅ At 𝑳𝒊𝒕𝒎𝒐 , we promote professional, independent, and value-driven audits.
Which auditor type do you think brings the most value? Let us know in the comments!

📞 0723 667898 | ✉️ [email protected]
🌐 www.litmoconsulting.co.ke
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🚨 TAX ALERT! 🚨
Have you filed your returns yet? ⏰
June 30th is the DEADLINE — and penalties aren’t friendly!

Whether it’s Nil returns, P9 filing, or business tax,
📌 Litmo Consulting has you covered.

✅ Fast filing
✅ KRA compliant
✅ Affordable and professional

📞 Call/WhatsApp: 0723 667898 | 0720 490297
📧 Email: [email protected]
🌐 www.litmoconsulting.co.ke

𝗪𝗵𝘆 𝗕𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝗜𝘀 𝗮 𝗡𝗼𝗻-𝗡𝗲𝗴𝗼𝘁𝗶𝗮𝗯𝗹𝗲 𝗳𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀

Did you know that poor bookkeeping is one of the top reasons small and medium-sized enterprises (SMEs) in Kenya struggle with cash flow, tax compliance, and financial planning?

At Litmo Business Consulting, we constantly work with businesses that face setbacks not due to lack of profit, but due to poor recordkeeping. Whether you run a small shop in Nairobi, a consultancy in Mombasa, or an online business across Kenya, proper bookkeeping is no longer optional, it’s essential.

Here’s what every business owner should understand about bookkeeping:

𝟏. 𝐖𝐡𝐚𝐭 𝐛𝐨𝐨𝐤𝐤𝐞𝐞𝐩𝐢𝐧𝐠 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐦𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬.

Bookkeeping is not just about recording sales or expenses. It’s the systematic tracking of all financial transactions—sales, purchases, liabilities, assets, and equity. It helps you understand your true business position and gives clarity when making strategic decisions.

𝟐. 𝐖𝐡𝐲 𝐛𝐨𝐨𝐤𝐤𝐞𝐞𝐩𝐢𝐧𝐠 𝐢𝐬 𝐧𝐨𝐧-𝐧𝐞𝐠𝐨𝐭𝐢𝐚𝐛𝐥𝐞 𝐢𝐧 𝐊𝐞𝐧𝐲𝐚.

In Kenya, compliance with KRA (Kenya Revenue Authority) is mandatory. From filing VAT and PAYE to Withholding Tax and income returns, having organized records is critical. Without proper books, you risk fines, penalties, or even audits that could cripple your operations.

𝟑. 𝐇𝐨𝐰 𝐩𝐫𝐨𝐩𝐞𝐫 𝐫𝐞𝐜𝐨𝐫𝐝𝐬 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐠𝐫𝐨𝐰.

Accurate bookkeeping improves your cash flow management, enables better forecasting, and makes it easier to apply for loans or attract investors. It also simplifies year-end audits and gives you peace of mind when dealing with tax authorities.

4. 𝐇𝐨𝐰 𝐋𝐢𝐭𝐦𝐨 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 𝐜𝐚𝐧 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐬𝐭𝐚𝐲 𝐨𝐧 𝐭𝐨𝐩 𝐨𝐟 𝐢𝐭 𝐚𝐥𝐥.

At Litmo, we offer tailored bookkeeping solutions for startups, SMEs, professionals, and freelancers across Kenya. Whether you're just starting or growing fast, we ensure your records are accurate, up-to-date, and KRA-compliant—so you can focus on growing your business.

𝐅𝐢𝐧𝐚𝐥 𝐓𝐡𝐨𝐮𝐠𝐡𝐭.
If you're a startup founder, SME owner, or self-employed professional, investing in professional bookkeeping is not just smart, it’s vital for your business survival and success.

Let us help you take control of your finances today.

Call/WhatsApp: 0723 667898 | 0720490297
Email: [email protected]
Website: www.litmoconsulting.co.ke

Litmo Consulting 𝙒𝙚 𝙃𝙖𝙣𝙙𝙡𝙚 𝙩𝙝𝙚 𝙉𝙪𝙢𝙗𝙚𝙧𝙨, 𝙔𝙤𝙪 𝙃𝙖𝙣𝙙𝙡𝙚 𝙩𝙝𝙚 𝙂𝙧𝙤𝙬𝙩𝙝.

1.

🧾 𝑺𝒎𝒂𝒓𝒕 𝑻𝒂𝒙 𝑷𝒍𝒂𝒏𝒏𝒊𝒏𝒈 𝑺𝒕𝒂𝒓𝒕𝒔 𝑯𝒆𝒓𝒆!
Follow these 3 essential steps to make the most of your income:

1️⃣ Know Your Tax Bracket – Understand where you stand to avoid surprises.
2️⃣ Increase the Number of Deductions – Maximize allowable expenses to reduce taxable income.
3️⃣ Evaluate Tax Credits – Review and refine your strategy for better savings.

💼 Let Litmo Business Consulting help you stay compliant and save more with expert tax solutions!

📞 𝟬𝟳𝟮𝟯 𝟲𝟲𝟳𝟴𝟵𝟴 | 𝟬𝟳𝟮𝟬 𝟰𝟵𝟬𝟮𝟵𝟳
✉️ [email protected]
🌐 www.litmoconsulting.co.ke

Take the stress out of taxes with Litmo Consulting
Our expert tax services cover filing, planning, and compliance—ensuring you're always on the right side of KRA.

Contact us today and let’s get your taxes done right!
0723 667898 | 0720 490297
www.litmoconsulting.co.ke

𝐒𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐚 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧 𝐊𝐞𝐧𝐲𝐚.
Let 𝐋𝐢𝐭𝐦𝐨 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 handle your registration in just 1–4 working days!

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫:

Company & Business Name Registration

KRA PINs & Tax Compliance Certificates

AGPO, NCA, and Director Changes

..and more!

𝐅𝐚𝐬𝐭. 𝐑𝐞𝐥𝐢𝐚𝐛𝐥𝐞. 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐥𝐞.
Reach us: 𝟎𝟕𝟐𝟑 𝟔𝟔𝟕𝟖𝟗𝟖 | 𝟎𝟕𝟐𝟎 𝟒𝟗𝟎𝟐𝟗𝟕
Visit: www.litmoconsulting.co.ke

Whether you're a small organization or a Company, it can be hard to stay on top of tax laws. We offer up-to-date tax services. So, you can focus on the rest of your to-do list.
For Queries & Services, Feel Free to Contact:
0723667898 | 0720490297
[email protected]
Follow us: Litmo Consulting

Focus on growth, leave the accounting to us!
At LITMO CONSULTING, we help you:
• Save time
• Reduce costs
• Ensure compliance
• Optimize taxes
• Minimize risks
• Gain financial clarity
• Scale with confidence

Let the professionals handle your numbers while you focus on building your business.

Contact us today.
📞 0723667898 | 📧 [email protected]
Follow us:
Facebook: Litmo Consulting

𝐓𝐚𝐱 season doesn’t have to be stressful!
Work with a trusted tax professional to stay on top of your obligations, plan ahead, and meet all deadlines without the panic.

Let 𝐋𝐈𝐓𝐌𝐎 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐂𝐎𝐍𝐒𝐔𝐋𝐓𝐈𝐍𝐆 take the pressure off.

0723667898| [email protected]
Follow us: Litmo Consulting