Close Menu
  • Home
  • Latest News
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Sports

2026 FIFA World Cup: Jordan makes BOLD statement vs. Colombia

July 3, 2026

Ghana Sports Fund boss courts global support for youth sports development

July 2, 2026

Ghana Step Up Preparations Ahead Of Colombia Showdown

July 2, 2026
Facebook X (Twitter) Instagram
Ghanamma.comGhanamma.com
  • Home
  • Latest News

    Nigeria Demands Compensation for Abandoned Properties as Citizens Flee South Africa Amid Anti-Migrant Protests

    July 4, 2026

    The Complete 2026 FIFA World Cup Knockout Stage Schedule: Match Times, Venues, and Key Highlights

    July 4, 2026

    Kenya’s Food Security Crisis: How the Gulf War and Global Shocks Threaten Maize Production and Farmer Livelihoods

    July 4, 2026

    The Role of Compassion in Leadership: A Critique of Divisive Rhetoric in Ghana’s Political Arena

    July 3, 2026

    Devastating Floods in West Africa: Humanitarian Crisis, Economic Impact, and Path to Recovery

    July 3, 2026
  • Top stories
  • Local News
  • Politics
  • Business
  • Entertainment
  • More
    • Sports
    • Nollywood
    • Tech
    • Editorial
    • Health
    • World
    • Lifestyle
  • Africa
    • Kenya
    • Nigeria
    • South Africa
Facebook X (Twitter) Instagram Pinterest Vimeo
Subscribe
Ghanamma.comGhanamma.com
Home»Kenya»Finance bill 2026 tabled as Kenya braces for new tax proposals
Kenya

Finance bill 2026 tabled as Kenya braces for new tax proposals

Ghana NewsBy Ghana NewsMay 9, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The Parliament of Kenya has officially published the Finance Bill 2026, paving the way for renewed national debate over taxation, revenue collection, and government spending as the country awaits details on how the proposed measures could affect businesses and ordinary Kenyans.

In an update shared on its Facebook account on Saturday, 9 May 2026, Parliament confirmed that the bill was published on 5 May and formally submitted to the National Assembly of Kenya by the Cabinet Secretary for the National Treasury.

According to Parliament, the proposed legislation introduces a raft of revenue-raising measures aimed at strengthening tax collection and adjusting key provisions within the country’s tax framework.

“𝐔𝐏𝐃𝐀𝐓𝐄: 𝐓𝐡𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐢𝐥𝐥, 𝟐𝟎𝟐𝟔, has been published,” Parliament announced.

The institution added that the bill “formulates proposals relating to revenue raising measures including liability to, and collection of taxes,” signalling a broad review of how taxes are assessed, collected, and managed in Kenya.

Parliament further revealed that the bill seeks to amend six major tax laws that play a central role in the country’s revenue system.

“The Bill proposes to amend the Income Tax Act (Cap. 470), the Value Added Tax Act (Cap. 476), the Excise Duty Act (Cap. 472), the Tax Procedures Act (Cap. 469B), the Miscellaneous Fees and Levies Act (Cap. 469C) and the Stamp Duty Act (Cap. 480),” Parliament stated.

Beyond tax laws, the proposed legislation also introduces changes to road funding allocations. Parliament said the bill seeks to amend the Road Maintenance Levy Fund Act by lowering the amount directed to the Road Annuity Fund.

“The Bill published also seeks to amend the Road Maintenance Levy Fund Act, (Cap. 427) to reduce the amount payable into the Road Annuity Fund from three shillings to one shilling and fifty cents,” Parliament said.

The publication of the Finance Bill 2026 now opens the legislative process, where lawmakers, stakeholders, and members of the public are expected to scrutinise its proposals before debate in the National Assembly.

With taxation often at the centre of public concern, the bill is likely to spark widespread discussion on its economic impact, particularly at a time when many Kenyans continue to grapple with the rising cost of living.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ghana News
  • Website

Related Posts

Kenya’s Food Security Crisis: How the Gulf War and Global Shocks Threaten Maize Production and Farmer Livelihoods

July 4, 2026

Kenya’s Silent Crisis: How Abortion Taboos and Legal Ambiguity Are Claiming Thousands of Lives

July 3, 2026

Kenya welcomes first-ever Asia cruise ship to Mombasa with over 700 tourists – facebook.com

July 3, 2026
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Top Posts

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 3, 20264 Views

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 2, 20262 Views

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 2, 20264 Views

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 1, 20262 Views

Ghana’s Digital Wallet Revolution: How NITA’s GEDW Platform Will Transform Identity Verification and Document Management

July 1, 20261 Views
About Us
About Us

Ghanamma is an independent digital news platform delivering timely updates and reliable information across politics, business, technology, health, entertainment, sports, and world affairs, helping readers stay informed through trustworthy journalism and meaningful insights.

Facebook X (Twitter) Pinterest YouTube WhatsApp
World News

South Sudan’s leader sacks aides after dead man appointed

February 4, 2026

South African white separatists claim land acquired from Zulu king then lost to British

February 2, 2026

Muhoozi’s outbursts expose Uganda’s unease with funding Somalia war

February 2, 2026
Top stories

University of Ghana Attributes Fee Increases to Student Leadership Charges

January 2, 20260 Views

Sam Jonah, 3 Others Cleared Of Criminal Charges In River Park Estate Dispute In Nigeria

January 2, 20260 Views

GCNH donates health logistics to Ho Municipal Health Directorate  

January 2, 20260 Views
  • About Us
  • Contact Us
  • Cookies Policy
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
© 2026 Ghanamma. Designed by Ghanamma.

Type above and press Enter to search. Press Esc to cancel.