Chaka wrote:What if the members decide to plough back the dividends as savings and borrow the same at 0% interest?
Sir invest wrote:10% withholding tax on ANY Sacco dividend earned from Jan 2019.
You can only plough back net of w/holding tax - that is what you are entitled to.
Kulipa ushuru ni kujitegemea!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen