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June 11, 2026
1h ago

CS Mbadi Explains Upcoming Tax Changes Targeting Affordable Housing

CS Mbadi Explains Upcoming Tax Changes Targeting Affordable Housing

Mbadi noted that the proposed changes in the affordable housing project are part of broader measures in the Finance Bill aimed at streamlining tax collection and improving compliance...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has announced plans to alter the VAT status for affordable housing projects, moving them from zero-rated to VAT-exempt under the proposed 2026 Finance Bill.

  • The change aims to simplify tax administration and curb misuse of tax incentives on materials for the multi-billion-shilling housing initiative.
  • The proposal involves Treasury Cabinet Secretary John Mbadi.
  • The government will review the effectiveness of tax incentives previously enacted to boost investment in affordable housing.

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