The National Assembly has passed the Finance Bill 2026 after a heated debate and electronic vote. The Bill, with several amendments, now awaits President William Ruto's assent to become law.

• The Bill was approved by 122 Members of Parliament, with 40 voting against it.
• Key amendments include revisions to Pay As You Earn (PAYE) tax bands, with annual earnings exceeding Sh9.6 million facing a 30 per cent marginal tax rate.
• The legislation aims to broaden the tax base, strengthen compliance, and enhance domestic revenue collection for the 2026/27 financial year.

The Association of Kenyans in Alberta (AKA) has strongly opposed tax proposals in Kenya's Finance Bill 2026 that would increase tax and compliance burdens on rental income earned by Kenyans living abroad.

• The bill introduces a new framework for non-resident rental income, which AKA argues unfairly targets diaspora investors.
• AKA President David Ondieki stated that these measures risk discouraging investments and punishing Kenyans for investing in their homeland.
• The organization is calling for the withdrawal of these provisions and greater consultation with diaspora groups, asserting that the diaspora are nation-builders, not just revenue sources.

The Kenyan Parliament has successfully passed the Finance Bill 2026 after a Third Reading vote. This legislative action moves the bill closer to becoming law, pending presidential assent.

• The National Assembly approved the Bill through an electronic division vote.
• The Bill will now be sent to President William Ruto for his assent.
• The vote followed Standing Order No. 70, indicating adherence to parliamentary procedure.