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Originally published by The Standardtop
June 18, 2026
7h ago
MPs to vote on Finance Bill, 2026 today

National Assembly to vote on Finance Bill, 2026 this afternoon amid sharp divisions between MPs over new tax measures...
✨ Key Highlights
The National Assembly is set to vote today on the Finance Bill, 2026, which focuses on enhancing tax enforcement and KRA powers rather than broad tax increases.
- The bill proposes reinstating the residential rental income tax rate to 10 per cent and expanding withholding tax to cover certain card transaction fees.
- Key entities involved include the National Assembly, Speaker Moses Wetang’ula, and the Kenya Revenue Authority (KRA).
- Notable measures include requiring Virtual Asset Service Providers to submit annual user reports and allowing the KRA to issue agency recovery notices even during objections or appeals.
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