Parliament invites public views on Finance Bill 2026 tax changes

The proposals include a 25 percent excise duty on mobile phones, new taxes on digital financial services, and removal of a withholding tax exemption for Kenya Airways on payments to foreign aviation service providers. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The National Assembly has initiated public consultation on the Finance Bill 2026, which proposes significant tax changes across various sectors.

The bill aims to generate an additional Sh120 billion in revenue through tax reforms.
Key legislative bodies involved include the National Assembly's Departmental Committee on Finance and National Planning and the Treasury.
Proposed changes include a 25 percent excise duty on mobile phones and new taxes on digital financial services, potentially impacting the cost of living and business operations.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

Video

Mbadi: No tax on bottled water, financial services

Citizen TV (Youtube)

2h ago

top3h ago

Why KRA Wants to Monitor Your Mobile Transactions

Treasury Cabinet Secretary John Mbadi defended the Kenya Revenue Authority's (KRA) intention to access mobile money transaction data, stating the move aims to combat money launderers and unexplained wealth, not ordinary Kenyans.

Kenyans

📰 Read Full Story