e TIMS - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Why Saccos are up against the provisions of the Finance Act, 2026

Sacco ReviewJuly 16, 2026010 mins

Finance Act 2026 introduces stricter tax compliance, faster reporting deadlines, and expanded KRA enforcement powers affecting Saccos. Saccos warn the changes could strain liquidity, increase compliance costs, and disrupt lending and member access to savings. KUSCCO is pushing for tax law amendments to protect co operative members and harmonise taxation with the Co operative Societies…