Key Takeaways
- Treasury CS John Mbadi submitted Finance Bill 2026 to Parliament on April 30, 2026 targeting KSh 120 billion.
- VASPs to file annual returns to KRA under Tax Procedures Act amendment after section 6B.
- The bill reintroduces 20% withholding tax on gambling winnings, reversing a previous removal.
Two Reform Lanes in One Vehicle Narrow Crypto-Offshore Escape for Kenyan Gamblers
Kenya’s Treasury Cabinet Secretary John Mbadi tabled the Finance Bill 2026 in Parliament on Friday, April 30, proposing wide-ranging amendments to the country’s tax framework. The bill entered its public participation phase on Monday, May 11, when the National Assembly formally invited written and oral submissions on the proposed amendments before review…
