Why Finance Bill Is Not an Annual Constitutional Requirement in Kenya
4 Articles
4 Articles
State cautioned against scrapping VAT exemption on renewable energy equipment
The Institute of Certified Public Accountants of Kenya has cautioned the government against scrapping the Value Added Tax (VAT) exemptions granted to equipment used in the development and generation of renewable energy solutions. In the coming Finance Bill- 2025/26, currently at the public participation stage, the government is seeking to delete the exemption from VAT […]
A Review of the Finance Bill 2025 by IEA Kenya Think Tank and its Implications for Kenya’s Digital and Crypto Economy
IEA Kenya, or the Institute of Economic Affairs – Kenya, is an independent public policy think tank based in Nairobi with the mission to promote informed public dialogue on key economic and governance issues in Kenya and the region. The think tank recently released a comprehensive commentary on the Kenya Finance Bill 2025 identifying significant areas in how Kenya aims to manage its digital economy and navigate international tax compliance. Whil…
Gov’t Targets VAT Abuse in New Tax Crackdown Under Finance Bill 2025 - Nairobi Wire
The Kenya Kwanza administartion is taking a bold step to tighten its tax regime through the proposed Finance Bill 2025, aiming to curb abuse of VAT exemptions and zero-rating privileges. The government plans to empower the Kenya Revenue Authority (KRA) with greater oversight and recovery powers to track how tax-favoured goods and services are ultimately used. In a significant shift, the Bill introduces Section 66A to the VAT Act, allowing KRA to…
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