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Originally published by Capital Business
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business
June 26, 2025
1mo ago

President Ruto signs Finance Bill 2025 into law

President Ruto signs Finance Bill 2025 into law

NAIROBI, Kenya, June 25 – President William Ruto signed the Finance Bill 2025 into law on Thursday, ushering in a raft of tax amendments and fiscal Kenya breaking news | Kenya news today |..

✨ Key Highlights

President William Ruto signed the Finance Bill 2025 into law on June 25, introducing significant tax reforms aimed at improving revenue collection and supporting economic growth in Kenya.

  • Mandatory tax reliefs must be automatically applied by employers, easing the burden on salaried workers.
  • Key sponsor: Kuria Kimani, Chairperson of the Departmental Committee on Finance and National Planning.
  • Capital Gains Tax reduced from 15% to 5% for high-value investments; significant changes in digital economy taxation also introduced.

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