The bill funds Kenya's Sh4.7
trillion budget for the 2026/27 financial year, aiming to raise Sh98.9 billion
through measures like taxes on digital fees, non-resident rentals, and virtual
assets.
Lawmakers approved it 122-40 after
public input that dropped ideas like rental tax hikes and VAT on used clothes,
while adding a tax amnesty until December 2026 and exemptions for electric
vehicles and pharma inputs.
Officials call it vital for stability, though some worry it pinches everyday Kenyans on digital services, with one quip noting 'Finya wakenya makende. Pinch harder.' Most changes start July 1, 2026.