Kenyans to Have a Say on Finance Bill 2026 as Parliament Issues Notice
It is worth noting that previous finance bills have sparked outrage, causing demonstrations in the country after they were passed without public approval...
✨ Key Highlights
The National Assembly has invited public and stakeholder submissions on the proposed Finance Bill 2026, which includes controversial tax proposals affecting mobile phones, digital assets, and imported mitumba goods. This comes after previous finance bills sparked significant public outcry and demonstrations.
- A proposed 25% excise duty on mobile phones is a key point of contention.
- The Departmental Committee on Finance and National Planning is accepting written memoranda until May 25, 5 pm.
- Notable criticisms have been raised by the Law Society of Kenya and human rights activists regarding the bill's impact on consumers and the digital economy.
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Public Participation Opens for Finance Bill 2026 Tax Proposals - May 2026
The National Assembly has invited public and stakeholder submissions on the proposed Finance Bill 2026, which includes controversial tax proposals affecting mobile phones, digital assets, and imported mitumba goods. President William Ruto assented to three major bills including the Income Tax (Amendment) Bill, aimed at reforming tax policies and fostering investment growth. Treasury CS John Mbadi stated the government is considering increasing the tax-free PAYE income threshold to Ksh 30,000 for salaried Kenyans earning below Ksh 50,000. The KRA has also announced that salaried Kenyans can file their annual income tax returns even without their P9 forms.
