The Finance Bill 2026, tabled by Treasury Cabinet Secretary John Mbadi on 30 April 2026 and formally published by Parliament on 5 May 2026, represents the Government’s principal legislative vehicle for revenue mobilisation in the 2026/27 financial year. The Bill targets Kshs 2.985 trillion in overall tax revenue – a 7.21% increase over the current year – with Kshs 120 billion expected from new tax measures alone.
Unlike the withdrawn Finance Bill 2024 and the relatively modest Finance Act 2025, which targeted only Kshs 30 billion in new measures, the Finance Bill 2026 adopts a more targeted, data-driven approach. It introduces fewer broad-based tax increases but significantly expands KRA’s enforcement architecture, tightens compliance timelines, and extends the tax net to new sectors, including digital payments, virtual assets, mitumba trade, and gambling….