The Kenyan government has tabled the Finance Bill 2026 — and it contains several new taxes that will affect businesses and ordinary Kenyans.

Key proposals include:

  • New taxes on digital payments, card transactions, and platform fees (including M-Pesa and fintech services)
  • 25% excise duty on mobile phones
  • Changes to capital gains tax on startup exits
  • Tax amnesty for old penalties

The Bill aims to raise KSh 3.533 trillion for the 2026/27 budget.

Supporters say it will help the government collect more revenue. Critics worry the new taxes could raise costs for users, slow tech growth, and hurt small businesses.

Public participation is ongoing as Parliament prepares to debate the Bill.