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May 25, 2026
3h ago

Mbadi: Finance Bill 2026 measures aim to simplify taxes

Mbadi: Finance Bill 2026 measures aim to simplify taxes

Treasury CS John Mbadi has defended the Finance Bill 2026, saying the government has deliberately avoided introducing punitive taxes and instead focused on simplifying tax administration...

✨ Key Highlights

National Treasury Cabinet Secretary John Mbadi defended the Finance Bill 2026, stating its aim is to simplify taxes and protect Kenyans, not to overburden them.

  • The bill seeks to streamline tax administration and widen the tax base, with a focus on simplicity, equity, and fairness.
  • A key proposal involves restructuring mobile phone taxes into a single 25 percent excise duty upon activation, reportedly reducing the overall tax burden.
  • CS Mbadi emphasized that emerging sectors like virtual assets and foreign digital payment firms must also contribute to the tax system.

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