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Originally published by Capital Newstop
May 25, 2026
10h ago
Business Leaders Push Back on Digital Tax proposal in Finance Bill 2026
"You tax digital payment platforms, you drive consumers to the mattress and to the informal economy,” a KEPSA representative said, warning that such a shift would ultimately undermine government revenue collection. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
Kenya's private sector is pushing back against the proposed digital tax in the Finance Bill 2026, warning it could harm financial flows and the tax base.
- The Kenya Private Sector Alliance (KEPSA) advises against taxing mobile banking services, fearing a shift to informal, untaxable channels.
- KEPSA proposed a 5 percent reduction in Pay-As-You-Earn (PAYE) tax as a more beneficial alternative, estimating it could generate KSh210 billion to KSh280 billion.
- The contested tax measures are projected to generate a significantly lower KSh35 billion to KSh90 billion.
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