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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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.
