Parliament Explains Alleged Annual Land Charges in 2026 Finance Bill
As the final hours of public participation on the Bill approach, Kenyans have intensified the circulation of information and online debate over the proposed measures...
✨ Key Highlights
The National Assembly has vehemently denied reports circulating online claiming the Finance Bill 2026 introduces an annual land rent for freehold land.
- The National Assembly stated that the Finance Bill 2026 contains 57 clauses, none of which pertain to land matters.
- This clarification was issued by the National Assembly on Monday, May 25.
- Parliament also refuted claims that President William Ruto had signed any new law imposing annual land rent on freehold properties.
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CS Mbadi Urges Leaders to Stop Propaganda Over Finance Bill 2026 - May 2026
National Treasury Cabinet Secretary John Mbadi has urged political leaders to cease spreading misinformation about the Finance Bill 2026/27, defending its measures as aimed at simplifying taxes and protecting Kenyans. Mbadi has rebuffed claims made by Wiper Party leader Kalonzo Musyoka regarding the bill, specifically allegations about an annual rent on freehold land. The National Assembly has vehemently denied reports claiming the Finance Bill 2026 introduces an annual land rent for freehold land. Treasury has also debunked circulating claims about new taxes on cryptocurrency, bread, and mobile money.
