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May 11, 2026
3h ago

Treasury Speaks on Possible Smartphone Price Hikes From June After 25% Tax

Treasury Speaks on Possible Smartphone Price Hikes From June After 25% Tax

Concerns have been raised that the Finance Bill 2026 smartphone tax could make essential devices more expensive and less accessible for many users...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has defended the proposed 25% excise duty on smartphones in the Finance Bill 2026, asserting it will reduce the overall tax burden on devices.

  • The new tax is presented as a consolidation of existing taxes like the Import Declaration Fee, Railway Development Levy, VAT, and customs duty, which previously totaled approximately 55%.
  • Key stakeholder: Treasury Cabinet Secretary John Mbadi.
  • A notable detail is that the tax will only be collected upon a phone's activation for use, not at importation, aiming to simplify compliance and potentially lower immediate costs for traders.

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