Wanjigi urges rejection of Finance Bill 2026 over debt concerns
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·The Standard
Finance Committee defends Bill as reform-focused, not mainly introducing new taxes. [File, Standard] A heated debate unfolded in the National Assembly yesterday during the afternoon sitting over the Finance Bill, 2026, as MPs from across the political divide raised concerns over …
… urce on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize The Consumer Federation of Kenya (COFEK) has filed a petition at the Milimani Law Courts seeking to suspend the implementation of several proposed provisions in the Finance Bill, 2026 …
Audio By VocalizeCOFEK secretary general, Stephen Mutoro. [File, Standard] A lobby group has moved to the High Court seeking orders to suspend the implementation of six contentious clauses contained in the Finance Bill, 2026, arguing that the proposed measures violate constitutio …
… Appearing before the National Assembly’s Departmental Committee on Finance and National Planning, Karugu cautioned that some provisions in the proposed Finance Bill, 2026 risk undermining regional treaties and triggering heavy trade retaliation against Kenyan exports. …
The country’s ambitions to green up its transport sector could be dealt a major blow if proposals in the Finance Bill, 2026, sail through Parliament. …
… The Finance Bill, 2026, seeks to let the taxman reclassify any commercial deal as tax avoidance, seize bank accounts while appeals are pending, and mine private payment data without court approval. …
NAIROBI, Kenya May 25 – Stakeholders appearing before the National Assembly Departmental Committee on Finance and National Planning have broadly welcomed the government’s proposal to introduce a new tax amnesty program under the Finance Bill, 2026. …
Audio By VocalizePresident William Ruto assents to three National Assembly Bills, including the Finance Bill, 2025, at State House, Nairobi. [PCS] Several civil society groups are warning that some proposals in the Finance Bill, 2026, would increase the financial overburden of th …
National Treasury Cabinet Secretary John Mbadi has sent mixed signals on the expected reforms to the pay as you earn (PAYE) structure that could favour the low-income earners, even as he strongly defended the tax proposals in the Finance Bill, 2026. …
National Treasury Cabinet Secretary John Mbadi has sent mixed signals on the expected reforms to the pay-as-you-earn (PAYE) structure that could favour the low-income earners, even as he strongly defended the tax proposals in the Finance Bill, 2026. …
The National Assembly held a heated debate on the Finance Bill, 2026 yesterday, with MPs from across the political divide raising concerns over several clauses. The Finance Committee defended the Bill as reform-focused rather than mainly introducing new taxes.
The National Assembly held a heated debate on the Finance Bill, 2026 yesterday, with MPs from across the political divide raising concerns over several clauses. The Finance Committee defended the Bill as reform-focused rather than mainly introducing new taxes.
The Consumer Federation of Kenya filed a petition at Milimani Law Courts seeking to suspend implementation of proposed Finance Bill 2026 provisions, arguing they are unconstitutional and threaten consumer, taxpayer, and business rights.
Consumers Federation of Kenya has filed a petition in the High Court challenging six provisions of the Finance Bill 2026, arguing they violate constitutional safeguards on taxation, privacy, public participation and consumer rights. The lobby group is seeking a conservatory order to suspend implementation of the disputed clauses, including provisions on withholding tax for scrap metal, expanded taxable payments definitions, VAT exemption removals, and a virtual asset reporting framework.
East African Community Affairs Principal Secretary Caroline Karugu has urged the National Assembly to amend national tax laws to align with community frameworks, warning that provisions in the proposed Finance Bill, 2026 risk breaching regional treaties and triggering trade retaliation. The core issue is how goods moving within the EAC bloc are classified for tax purposes—Kenya's current law labels EAC goods as imports subject to higher excise duties, contradicting the EAC Customs Management Act, which classifies inter-state movement as a transfer.
Kenya's electric vehicle growth could be undermined if the Finance Bill 2026 passes, as it proposes shifting e-mobility components and solar technologies from VAT zero-rated to VAT exempt status, rolling back tax incentives that have supported EV adoption.
The Finance Bill 2026 seeks to empower the KRA commissioner to reclassify commercial deals as tax avoidance, seize bank accounts during appeals, and access private payment data without court approval. The proposal has drawn opposition from the Kenya Bankers Association, the Law Society of Kenya, Ernst & Young, Deloitte, PwC, and KPMG, who argue it dismantles taxpayer safeguards and forces taxpayers to pay disputed taxes before seeking justice.
Stakeholders before Parliament's Finance Committee have broadly welcomed the government's proposed tax amnesty program for liabilities accrued to December 31, 2025, but urged lawmakers to extend the amnesty window to June 30, 2027, and address restrictive clauses on overpaid tax refunds to prevent a liquidity crisis.
Twenty-eight civil society organisations, including Transparency International and the Kenya Human Rights Commission, have warned that proposals in the Finance Bill, 2026 would increase financial burdens on ordinary citizens, widening tax exemptions for high-net-worth individuals and giving the Kenya Revenue Authority unchecked powers to access private data.
Treasury Cabinet Secretary John Mbadi has sent mixed signals on expected PAYE reforms that would increase tax-free income from Sh24,000 to Sh30,000 monthly for low-income earners, while defending the tax proposals in Finance Bill 2026.
National Treasury Cabinet Secretary John Mbadi has defended the tax proposals in the Finance Bill 2026 while sending mixed signals on reforms to the pay-as-you-earn (PAYE) structure that were supposed to increase tax-free income from Sh24,000 to Sh30,000 monthly.