We have reviewed the current version of the Bill in circulation and we acknowledge that it is yet to be published officially. The Bill focuses on broadening the tax base, enhancing compliance, and accelerating digitization with an intention to meet proposed budget of Kshs. 4.82 trillion for year 26/27 without raising existing tax keeping in mind the incoming general elections of 2027.
Key Proposals include
- Taxing non-resident rental income
- Providing amnesty to taxpayers
- Enhancing products under excise duty regime
- Tightening betting taxation, and
- Enhancing KRA’s audit powers, while providing VAT exemptions on eco-friendly products.
As this Bill moves through the legislative process, understanding these nuances is critical for maintaining regulatory alignment and optimizing your fiscal position.
For a detailed breakdown of the implications for your business and sector, please access our full analysis by clicking on the button below:
We will continue to monitor any further developments and provide updates as the Bill progresses toward official publication.
