C
Originally published by Capital Business
πŸ“° Read Full Article
business
May 27, 2026
18h ago

Gambling Watchdog Pushes Parliament to Drop 20% Tax on Gambling Winnings, Simplify Rules

Gambling Watchdog Pushes Parliament to Drop 20% Tax on Gambling Winnings, Simplify Rules

NAIROBI, Kenya, May 27-The Gambling Regulatory Authority is seeking far-reaching changes to Kenya’s gambling tax regime, including the scrapping of the Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Gambling Regulatory Authority is advocating for significant changes to Kenya's gambling tax laws, proposing the removal of the 20% withholding tax on prize competition winnings and a simplification of tax rules.

  • The Authority argues the current definition of "winnings" and other tax provisions are impractical to enforce, especially for promotional contests.
  • Key proposals include expunging the legal definition of "winnings" and amending Section 10(d)(ii) to remove the 20% tax on prize competitions.
  • Despite these proposed changes, the Authority highlighted that gambling tax collections have risen by 11%, reaching Sh 28.45 billion in the 2025/2026 financial year, indicating the existing framework has driven revenue growth through broader taxation.

Continue Reading

Read the complete article from Capital Business

πŸ“° Read Full Article
Advertisement
Advertisement