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Originally published by Capital Business
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business
May 25, 2026
1h ago

Parliament to conclude Finance Bill 2026 public hearings as submissions deadline lapses

Parliament to conclude Finance Bill 2026 public hearings as submissions deadline lapses

NAIROBI, Kenya, May 25-Parliament is set to conclude public participation on Kenya’s Finance Bill 2026 today, following the lapse of the two-week window Kenya breaking news | Kenya news today |..

✨ Key Highlights

Parliament is concluding public participation hearings on Kenya's Finance Bill 2026 today, May 25, after stakeholders and the public submitted proposals on new tax measures for the 2026/27 fiscal framework.

  • The Bill proposes amendments to several tax laws, aiming for tax administration reforms and revenue mobilization, including expanding the definition of "royalty" to cover digital services.
  • Key proposals include a 25 percent excise duty on mobile phones, new levies on plastics and coal, and increased excise rates on tobacco.
  • The National Assembly’s Departmental Committee on Finance and National Planning, chaired by Kuria Kimani, will review submissions before the Bill proceeds for debate and potential presidential assent.

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