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May 25, 2026
1h ago

Treasury Addresses Vehicle Levy, Digital Taxes and Phone Surveillance in Finance Bill 2026

Treasury Addresses Vehicle Levy, Digital Taxes and Phone Surveillance in Finance Bill 2026

There has been a growing scrutiny on the treasury on the upcoming Finance Bill, with CS Mbadi forced to issue clarifications yet again...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has debunked circulating claims about new taxes in the Finance Bill 2026, specifically addressing cryptocurrency, bread, and mobile money.

  • The Bill does not introduce new taxes on crypto or digital assets, but aims to create tax equity.
  • The National Treasury clarified that there are no new taxes on digital content creators or VAT on bread.
  • Claims of a reintroduced motor vehicle circulation tax and government access to personal mobile money transactions were also denied by Mbadi.

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