The Finance Bill 2026 plans to adjust excises and VATs on fuels, mobile phones, tobacco, alcohol, among other products, in order to reduce the burden in some areas while at the same time increasing the levy on others. Road Maintenance Levy Fund Act will be changed to ensure the allocation to the Annuity Fund decreases
By Njeru Mwangi As the Finance Bill 2026 hits the floor of Parliament, small and medium-sized enterprises (SMEs) across Kenya find themselves standing at a critical regulatory crossroads. The Bill represents a massive revenue-mobilisation architecture designed to lock in Ksh 2.985 trillion in overall tax revenue, a 7.21% aggressive push over the current financial year.
Kenyan families are set to benefit from receiving their deceased loved one’s full pension payment tax-free once the Finance Bill 2026 gets Parliament’s nod. The Bill seeks to amend Clause 20, Paragraph 53 of the First Schedule to the Income Tax Act to, “explicitly exempt these benefits from income tax.” Treasury has confirmed in a
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