President William Ruto has assented to the Finance Bill 2026 at State House, Nairobi, making it the Finance Act 2026, with Treasury expecting the new law to raise over KES 100B.
— Dropped measures include KRA’s proposed power to issue agency notices while tax disputes are under High Court appeal, and enhanced taxes on imported and locally assembled mobile phones, with estimated revenue impact of KES 18.7B and KES 18.15B respectively.
— The Act leaves the mitumba tax regime unchanged, removes proposed excise duty on mobile phones and bottled water, and raises the duty-free allowance for personal goods to USD 2,000 from USD 300.
— Remaining revenue measures are concentrated in excise duty, including imported sugar where duty rises to KES 40.00/kg from KES 7.50/kg, tobacco products, antique and classic vehicles at 50% of excisable value, imported MDF, plywood, particle boards, timber, shower heads and heating elements.
— The Act extends the tax amnesty to December 2026, raises the Affordable Housing Levy collection fee to up to 2.0% from 0.5%, cuts the Road Annuity Fund allocation to KES 1.50/litre from KES 3.00/litre, and sets the e-tax system non-compliance penalty at 5% of tax due instead of double the tax due.
Ms. @roselinenjogu, Principal Secretary for Diaspora Affairs, today met with a delegation representing the family of the late Ms. Sheillah Jepkorir Chebii, who passed away in Sydney, Australia. The delegation was led by Hon. William Kipkemoi Kisang, Senator for Elgeyo Marakwet County.
Ms. Njogu offered the family her sincere condolences as she reiterated the Government’s commitment, through the Kenya Embassy in Canberra, to work with relevant authorities and stakeholders to ensure all necessary processes are completed.
Further, Kenyans in the diaspora and their families are reminded to report cases of distress promptly to the State Department for Diaspora Affairs’ 24-hour Diaspora Response Centre for assistance and guidance through this contacts: Call +254 207 876 000, WhatsApp +254 114 757 002, or email [email protected].
Thank you for highlighting how KRA is abused by the Executive. In my case, the former KRA Director-Investigations, now PS Cyrell Odede Wagunda confessed in an RBA meeting that his brief was to frustrate me for criticizing the Governments of Uhuru Kenyatta and later William Ruto.
In the High Court Justices Ngaah Jairus and Francis Rayola were instructed from State House and Head of Public Service to ensure that I do not get reprieve.
At the Tax Appeals Tribunal all the members were instructed by State House and Head of Public Service to throw out my appeals on technicalities.
After ADR and audit, it transpired that I owed KRA Kshs 4,669, 486.00 and not Kshs 92,000,000.00 which Uhuru Kenyatta and his administration had saddled me with, and which William Ruto and his administration conveniently used to frustrate me. I am glad the matter is settled.
Lawyers too cannot believe it.
KRA is punishing them more than normal people.
There is a man, Nelson Havi SC.
He shall be remembered in the annals of history as the man who killed BBI.
He proved to the judges that:
- The Kenyan constitution sits on the doctrine of basic structure and
- That the then Kenyan president, Uhuru Muigai Kenyatta, was not a normal man.
Immediately after that, KRA was deployed to investigate Havi.
- KRA totalled his bank deposits
- Totalled his clients' escrow accounts. (Money belonging to clients)
And in the end, KRA served Havi his tax bill of Ksh. 92 m in 2022.
Unfortunately, Havi did not object to this demand within the 30 days.
KRA even extended him 60 extra days.
But he responded after 88 days.
KRA ignored the late reply.
Delays in tax law means,
- You have agreed with KRA to pay the tax.
When the new Havi regime took power in 2022, his woes at KRA went quiet.
But Havi continued to call his govt to order while in govt.
His tax woes resurrected.
KRA was again deployed. This time with action.
- They froze his bank accounts
- They went for his clients
- He went cash dry
Havi ran to court in 2024.
- He argued he was being persecuted for political reasons.
- He argued KRA had illegally taxed his clients’ money.
The court ruled:
- Havi did not object on time
- Havi had admitted the tax bill
- He had surrendered his right of appeal
As a result, his case was thrown out without merit.
And he was ordered to pay the tax of 92m.
Lessons:
- Revolutions eat their children, SC James Orengo.
- Do not ignore KRA notices and demands.
- Respond to KRA on time.
In tax matters, delay is admission.
The shift is profound: stablecoins are not replacing banks—they are replacing the parts of banking that were slow, expensive, and inefficient. And @Visa and @Mastercard are positioning themselves as the rails of a new world where digital dollars move at the speed of the internet.
The question for governments, regulators, and African central banks is simple: Are we preparing for a future where stablecoins become the primary USD rails for trade, remittances, savings, and payments?
Visa & Mastercard’s Silent Stablecoin Takeover: The Global Payments Revolution Already Reshaping Africa https://t.co/8JQZ1RCtAH
If you are running a business and it has a Tax PIN, or you are using your PIN, please consider having an auditor conduct a tax audit.
Do it before the end of the year.
It is better to make a loss, but the business pays its bills and taxes.
The government can mess you up.