Finance Bill 2025 Stories
Another contested aspect is clause 50b, which proposes extending the timeline for processing tax overpayment claims, from 90 to 120 days for initial c...
Kimani emphasised the importance of citizen involvement in shaping the country’s economic future, particularly through input on the Finance Bill, whic...
Unlike last year’s proposal, the Finance Bill 2025 does not introduce new tax rates. Instead, it focuses on revenue measures, improvements to tax admi...
The Bill, which seeks to introduce amendments to tax and duty laws and address matters incidental to them, was published on May 6 and has since become...
Ruto said the move is part of broader efforts to create a pro-business environment that supports start-ups, Micro, Small, and Medium Enterprises (MSME...
Small-scale traders and ordinary Kenyans are calling for lower taxes, reduced fuel prices, and a more compassionate government to ease the high cost o...
Education, military and aviation are among the major winners in the expenditure plan for the financial year starting July, even as recurrent spending...
According to the Treasury, the move is aimed at tightening tax compliance and ensuring that foreign firms contributing to large public contracts also...
Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...
The proposed changes, if passed into law, would increase the period for refund ascertainment from the current 90 to 120 days, along with an extension...
Ideally, if the bill sails through to become law, it means employees who receive per diem payments for travel, accommodation, or other work-related ex...
If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...
This duty, introduced in the 2023 Finance Act, had pushed up the prices of these items and created friction with key trade partners like Uganda, Tanza...
The proposed tax changes, if approved, could raise the cost of building affordable homes and slow down the delivery of housing units.
The move comes barely a year after similar proposals in the Finance Bill, 2024 were dropped following fierce resistance from the public and civil righ...
National Assembly Speaker Moses Wetang'ula confirmed its receipt along with the 2025/26 Budget Estimates, which include key revenue-raising measures f...
The decision to change the law was driven by lessons learned from the 2023 El Nino rains, which exposed serious weaknesses in emergency preparedness a...
The Bill proposes amendments to the Income Tax Act, VAT Act, Excise Duty Act, and the Tax Procedures Act aimed at addressing delays in revenue collect...
The government’s proposed Sh4.2 trillion budget for the 2025/26 financial year, approved by the Cabinet in February 2025, includes Sh3.09 trillion for...
