Lobby groups warn Finance Bill favours the rich

Civil society groups are opposing the Finance Bill, 2026, arguing it favours wealthy individuals, expands KRA data access powers, and increases tax burdens on ordinary Kenyans...

✨ Key Highlights

Several Kenyan civil society groups, under the Okoa Kenya campaign, have raised concerns about the Finance Bill, 2026, warning it disproportionately benefits the wealthy and burdens ordinary citizens.

The Finance Bill, 2026 allegedly widens tax exemptions for high-net-worth individuals and large asset holders.
Key organizations involved include Transparency International and the Kenya Human Rights Commission.
The groups also criticized proposed amendments to the Tax Procedure Act, which they claim would grant the Kenya Revenue Authority (KRA) unchecked powers to access private citizen data.

Continue Reading

Read the complete article from The Standard

📰 Read Full Article

Related News

top3h ago

Employers Demand Review of Workers’ Payslips as Govt Proposes New Taxes

The Federation of Kenya Employers (FKE) is officially opposing proposed tax increases in the Finance Bill 2026, arguing that Kenyan workers are already overburdened by statutory deductions and a high cost of living.

Kenyans

📰 Read Full Story

Video

Ruto to Ndindi Nyoro: Stop political opportunism when it comes to fuel prices crisis

NTV Kenya (Youtube)

3h ago

top15h ago

Bankers warn card and digital payment taxes might lead to financial exclusion

Kenya's banking sector is strongly opposing proposed taxes in the Finance Bill that could significantly increase the cost of digital payments and potentially lead to financial exclusion.

Capital News

📰 Read Full Story

business1d ago

MP Nyoro Wants Parliament to Slash Fuel Taxes in Push to Cut Pump Prices

A Kenyan Member of Parliament is proposing significant cuts to fuel taxes and levies in an effort to lower pump prices and alleviate the cost of living pressures.

Capital Business

📰 Read Full Story

top1d ago

CS Mbadi Explains How Phones Will Be Cheaper Under Finance Bill 2026

Cabinet Secretary John Mbadi has stated that phones will become cheaper for Kenyans despite new tax proposals in the Finance Bill 2026. The proposed changes aim to simplify the taxation process.

Kenyans

📰 Read Full Story