Parliament’s Finance and National Planning Committee rejected a move to reduce Kenya’s highest PAYE tax rate despite months of lobbying by banks, accountants, and economists to reduce the tax on workers. The Committee, chaired by Molo MP Kuria Kimani, rejected proposals to cut the top marginal rate from 35 per cent to 28-30 per cent
The government tabled the Finance Bill 2026 in Parliament on April 30, 2026, setting out a range of tax proposals that will affect individuals, businesses, and investors across the country. Lawmakers will now debate the bill as part of the budget process for the 2026/2027 financial year. First, the bill proposes reducing the tax return