Topic: Finance Bill
12 key changes in Finance Bill 2025 targeting Sh559.9 billion in tax reforms
May 13, 2025 at 07:33 PM
The Finance Bill 2025 is projected to raise Sh559.9 billion—or 2.9 per cent of the GDP—through sweeping tax reforms and administrative adjustments....
Kenya to tighten Cyber Crime Act as Govt warns of online misinformation threat
May 08, 2025 at 10:56 AM
The government is preparing to amend the Cyber Crime Act to counter the growing danger of online misinformation, Government Spokesperson Isaac Mwaura revealed on Tuesday, warning t...
6 significant changes Kenyans should brace for if MPs pass Finance Bill 2025
May 07, 2025 at 11:40 PM
The National Treasury has released the much-awaited Finance Bill, 2025, proposing several significant changes that are expected to impact individuals, businesses, and households ac...
Finance Bill 2025 proposes reduction of Kenya’s Digital Service Tax to 1.5 per cent
May 07, 2025 at 12:35 PM
Kenya’s Finance Bill 2025 has proposed reducing the Digital Service Tax (DST) from 3 per cent to 1.5 per cent, aligning it with the turnover tax, which the Bill states as “one ...
Government may introduce new taxes in Finance Bill, 2025, Kimani Kuria suggests
Apr 08, 2025 at 02:18 PM
A potential wave of new taxes looms as the government looks towards the Finance Bill, 2025, with National Assembly Finance Committee Chair Kimani Kuria suggesting that they may be ...
Kenyans brace for pricier diapers, sanitary products, fertilisers as new tax bill eyes essential goods
Nov 06, 2024 at 12:00 AM
Kenyans may soon feel a heavier hit on their wallets as the Treasury unveils a bill that could drive up costs on essential items like diapers, sanitary towels, tampons, and fertili...
8 key tax measures Govt is seeking to reinstate from rejected Finance Bill 2024
Nov 04, 2024 at 07:17 PM
In a renewed effort to plug the revenue gaps left by the repealed Finance Bill 2024, the government is set to reintroduce eight notable tax measures that had previously ignited wid...
Landlords, professionals brace for new tax measures as Treasury unveils reforms
Oct 17, 2024 at 12:07 PM
Professionals in private practice and landlords are poised to enter a new era of taxation as the National Treasury unveils plans aimed at ensuring a fairer contribution from these ...
Treasury eyes tax-free pension for Kenyans over 50 in major relief push
Oct 17, 2024 at 08:35 AM
The National Treasury is working on a proposal that could allow Kenyans aged 50 and above to access their pension funds without paying income tax, offering significant relief to re...
Kenyans to benefit from reduced VAT, tax relief as Govt unveils new budget plans
Sep 10, 2024 at 10:03 AM
The government has unveiled a significant economic reform package that could provide much-needed relief to struggling households and businesses....
Mbadi hints at resurrecting rejected Finance Bill 2024 proposals to fill Sh150 billion deficit
Aug 19, 2024 at 10:38 PM
Treasury Cabinet Secretary John Mbadi has signalled a potential return of controversial tax proposals as the government grapples with a yawning fiscal deficit....
MEWS: City cat owners to pay Sh200 in annual license fee in proposed regulation
Jul 24, 2024 at 12:34 PM
Cat owners in the city might soon be required to license and vaccinate their pets, under new regulations introduced by the Nairobi County Government....
SRC suspends salary review for all public servants amid fiscal crunch
Jul 18, 2024 at 03:03 PM
The Salaries and Remuneration Commission (SRC) has announced a freeze on salary reviews for all public officers, excluding State officers, for the 2024/2025 financial year....
Sh20 billion budget cut for counties as Ruto declines to sign revenue bill
Jul 16, 2024 at 05:54 PM
County governments are facing a budget squeeze after President William Ruto declined to assent to the County Allocation of Revenue Bill, 2024....
Moody's downgrades Kenya's credit rating after Ruto's Finance Bill 2024 flop
Jul 09, 2024 at 10:56 PM
Kenya's creditworthiness has been downgraded by Moody's Ratings, a leading credit rating agency, reflecting concerns about the government's ability to manage its finances....
What Ruto Cabinet discussed in its post-protests crisis meeting
Jul 04, 2024 at 07:11 PM
In a significant meeting held on Thursday at State House Nairobi, the Cabinet, chaired by President William Ruto, tackled a range of crucial national issues....
Stanbic Bank reports sharp decline in Kenya's business activity amid economic uncertainty
Jul 04, 2024 at 03:39 PM
The Stanbic Bank of Kenya's latest Purchasing Managers' Index™ (PMI®) data reveals a substantial downturn in Kenyan business activity in June, influenced by ongoing economic cha...
Government to bear expenditure cuts after Ruto signs Appropriations Bill
Jun 29, 2024 at 12:16 AM
Both levels of government—the National and County Governments—will now bear the financial strain following President William Ruto's signing of the Appropriations Bill 2024....
Health CS Susan Nakhumicha announces new registration date for SHIF
Jun 28, 2024 at 10:54 PM
Health Cabinet Secretary, Susan Nakhumicha, announced the start of registration for the Social Health Authority (SHA) beginning Monday....
How businesses in Nairobi CBD, other towns were paralyzed for yet another day
Jun 28, 2024 at 11:21 AM
Discontent over Kenya's Finance Bill 2024 that morphed into anti-government/William Ruto campaigns boiled over into widespread protests on Thursday, crippling business activity in ...