The Online Kenyan Logo

The Online Kenyan

C
Originally published by Capital Business
📰 Read Full Article
business
June 13, 2026
20h ago

Deloitte warns of higher costs as Finance Bill seeks more revenue

Deloitte warns of higher costs as Finance Bill seeks more revenue

Deloitte East Africa Tax and Legal Partner Lilian Kubebea noted that the proposed tax measures signal a policy direction focused on revenue resilience, technology-driven enforcement and taxation of emerging economic activities. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Deloitte has issued a warning that Kenya's Finance Bill 2026 might lead to increased costs for goods and services as the government aims to boost revenue and compliance.

  • A key concern raised is the proposed 60 percent deemed dividend distribution threshold on undistributed company profits.
  • Deloitte East Africa Tax and Legal Partner Fred Omondi highlighted potential price hikes in affected sectors.
  • The report, "Balancing Fiscal Realities with Public Expectations," also underscores the need for businesses to consider indirect tax effects and the risk of policy uncertainty discouraging investment due to frequent tax law amendments.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement

Related News

Finance Bill 2026: Tax pressure mounts as Kenyans face cost of living strain
top2w ago

Finance Bill 2026: Tax pressure mounts as Kenyans face cost of living strain

The Finance Bill 2026 has sparked debate in Kenya as it proposes significant tax increases to raise approximately Sh120 billion amid persistent cost of living pressures.

C
Capital News
📰 Read Full Story
Finance Bill 2026 focused on revenue collection, not economic growth, tax expert warns
top3w ago

Finance Bill 2026 focused on revenue collection, not economic growth, tax expert warns

A Kenyan tax expert has warned that the proposed Finance Bill 2026 is primarily focused on increasing government revenue collection rather than stimulating economic growth or alleviating the cost of living for citizens.

C
Capital News
📰 Read Full Story
Private sector urges review of Finance Bill 2026 over tax burden concerns
Video

Private sector urges review of Finance Bill 2026 over tax burden concerns

C
Citizen TV (Youtube)
2w ago
AMFI Seeks Bad Debt Relief, VAT Exemptions in 2026  Finance Bill
business2w ago

AMFI Seeks Bad Debt Relief, VAT Exemptions in 2026  Finance Bill

The Association of Microfinance Institutions (AMFI) has submitted a memorandum to the National Assembly proposing significant changes to the Finance Bill, 2026. They are seeking relief on bad debts and VAT exemptions to support financial inclusion.

C
Capital Business
📰 Read Full Story
Mediation Committee moves closer to resolving Division of Revenue Bill
top5d ago

Mediation Committee moves closer to resolving Division of Revenue Bill

A Mediation Committee has made significant progress in resolving differences between the National Assembly and the Senate over the Division of Revenue Bill, 2026, aiming to finalize allocations for County Governments.

K
KBC Top Stories
📰 Read Full Story
Consumer Lobby Seeks Overhaul of Key Finance Bill 2026 Clauses Over Economic Pressure Fears
business2w ago

Consumer Lobby Seeks Overhaul of Key Finance Bill 2026 Clauses Over Economic Pressure Fears

The Consumers Federation of Kenya (COFEK) has called for significant amendments to the Finance Bill 2026, citing fears that its current clauses could increase the cost of living and weaken consumer protections.

C
Capital Business
📰 Read Full Story
Advertisement