Treasury CS John Mbadi has announced that the government will immediately begin discussions on reducing PAYE deductions after the Finance Act 2026. Speaking during an interview on Citizen TV on Wednesday, July 1, 2026, Mbadi said the planned tax relief aims to ease the burden on salaried Kenyans. “We are going to give tax relief,
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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