National Treasury Cabinet Secretary John Mbadi has urged political leaders to cease spreading misinformation about the Finance Bill 2026/27.

• CS Mbadi specifically called out Wiper Leader Kalonzo Musyoka for allegedly misleading the public with false claims about the bill's provisions, such as purported hidden land taxation.
• The Finance Bill 2026/27 is a subject of significant political debate with competing interpretations from various leaders.
• Mbadi emphasized that the bill aims to improve tax administration and fairness, and that the government welcomes stakeholder input and potential amendments during the approval process.

The National Assembly has vehemently denied reports circulating online claiming the Finance Bill 2026 introduces an annual land rent for freehold land.

• The National Assembly stated that the Finance Bill 2026 contains 57 clauses, none of which pertain to land matters.
• This clarification was issued by the National Assembly on Monday, May 25.
• Parliament also refuted claims that President William Ruto had signed any new law imposing annual land rent on freehold properties.

National Treasury Cabinet Secretary John Mbadi has rebuffed claims made by Wiper Party leader Kalonzo Musyoka regarding the Finance Bill 2026. Musyoka alleged that the bill intended to introduce an annual rent on freehold land.

• The Finance Bill 2026 does not contain provisions for annual charges on freehold land, according to CS Mbadi.
• Key figures involved are CS John Mbadi and Wiper Party leader Kalonzo Musyoka.
• Mbadi emphasized that the government's focus is on tax administration, fairness, and equity in revenue collection, not new land ownership levies.

Treasury Cabinet Secretary John Mbadi has debunked circulating claims about new taxes in the Finance Bill 2026, specifically addressing cryptocurrency, bread, and mobile money.

• The Bill does not introduce new taxes on crypto or digital assets, but aims to create tax equity.
• The National Treasury clarified that there are no new taxes on digital content creators or VAT on bread.
• Claims of a reintroduced motor vehicle circulation tax and government access to personal mobile money transactions were also denied by Mbadi.

National Treasury Cabinet Secretary John Mbadi defended the Finance Bill 2026, stating its aim is to simplify taxes and protect Kenyans, not to overburden them.

• The bill seeks to streamline tax administration and widen the tax base, with a focus on simplicity, equity, and fairness.
• A key proposal involves restructuring mobile phone taxes into a single 25 percent excise duty upon activation, reportedly reducing the overall tax burden.
• CS Mbadi emphasized that emerging sectors like virtual assets and foreign digital payment firms must also contribute to the tax system.