Mwendawazimu
Elder Lister
Listers what investment do you know of that give a return of more than 10% per year? Comb me please
ROI
- Thread starter Mwendawazimu
- Start date
1. SACCO dividends will give you returns of between 13%-17% per year. The advantage is SACCOs enjoy lower tax of 5%.
2. SACCO deposits will give you returns of between 10%-13% per year. Again the advantage of that they enjoy lower tax of 5%
3. Government infrastructure bonds will give you interest of around 13% per year. These will be taxed at 10%
4. Shares will give you returns of upto 25% per year. But you will need to be extra careful where you invest.
2. SACCO deposits will give you returns of between 10%-13% per year. Again the advantage of that they enjoy lower tax of 5%
3. Government infrastructure bonds will give you interest of around 13% per year. These will be taxed at 10%
4. Shares will give you returns of upto 25% per year. But you will need to be extra careful where you invest.
Mwendawazimu
Elder Lister
Thanks
Aviator
Elder Lister
Comb me here please.
My sacco gives loans at 12% reducing. Last year, they paid dividends at 12.8%.
How do you explain that,considering they have personnel and office expenses, and all the money is from loans?
Abba
Elder Lister
So what's taxed? The initial 100k I put or the 13,000 interest rate I got. Please clarify to him.
the interest only
the answer lies in the balance sheet. the assets i.e. the loans must be more than the liabilities i.e. the shares. So in a sacco model many people will take loans but few want to buy shares because it is very difficult to sell shares
Kasaman
Elder Lister
saccos have human face !
TAI sacco