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Originally published by Kenyans
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July 2, 2026
2h ago

Major Tax Changes for Workers, Landlords & Gamblers as Finance Act Takes Effect

Major Tax Changes for Workers, Landlords & Gamblers as Finance Act Takes Effect

Beyond introducing new taxes and amending existing ones, the Finance Act 2026 has strengthened KRA's enforcement powers by enhancing tax compliance measures...

✨ Key Highlights

The Finance Act 2026, effective July 1, introduces significant tax changes impacting workers, landlords, and gamblers, as the government aims to expand its tax base.

  • A new 20% withholding tax on betting winnings means gamblers will receive less upfront.
  • Non-resident landlords now face a stricter tax regime, requiring KRA registration and monthly filings.
  • Workers benefit from an exemption on employer contributions to qualifying gratuity schemes under specific conditions.

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