Finance Bill 2026 - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Finance Bill 2026 exempts sugarcane transport from VAT, boosting farmers and transporters

Sacco ReviewJune 2, 202603 mins

Sugarcane farmers and transporters are set to benefit from a major tax reform under the proposed Finance Bill 2026, which will fully exempt sugarcane transport services from Value Added Tax (VAT). The move aims to reduce operational costs in the sugar industry, a sector that has long faced financial pressures from high transport and production…

KUSCCO submits Finance Bill 2026 proposals, warns of systemic risks in SACCO tax policy

Sacco ReviewMay 27, 2026May 27, 202605 mins

The Kenya Union of Savings and Credit Co‑operatives (KUSCCO) has formally submitted the sector’s consolidated recommendations on the Finance Bill 2026/27 to the National Assembly, warning that poorly aligned tax measures could destabilise cooperative finance and burden households already grappling with rising living costs. At the heart of the submission is opposition to taxing internal…

National Assembly Departmental Committee on Finance and National Planning chair Molo MP Kuria Kimani.

Stakeholders back tax Amnesty in Finance Bill 2026, seek extended deadlines

Sacco ReviewMay 26, 202606 mins

Stakeholders appearing before the National Assembly Departmental Committee on Finance and National Planning have largely welcomed the government’s proposal to introduce a new tax amnesty programme under the Finance Bill, 2026, describing it as a significant relief measure for businesses burdened by outstanding tax liabilities. The proposed amnesty targets tax liabilities accrued up to December…

Finance Bill 2026: M-Pesa not targeted in proposed digital tax measures

Sacco ReviewMay 26, 202604 mins

Treasury Cabinet Secretary John Mbadi has moved to calm public fears over the Finance Bill 2026, insisting that Safaricom’s M-Pesa platform will not be affected by proposed tax changes on digital money transfer services. Speaking at a press conference on Monday, May 25, 2026, Mbadi said the government’s focus is on ICT-driven digital intermediaries rather…

Bankers Association warns Finance Bill 2026 taxes could undermine digital payments

Sacco ReviewMay 22, 202604 mins

Kenya Bankers Association (KBA) has cautioned against new tax measures proposed in the Finance Bill 2026, warning that levies on card transactions and digital payment services could sharply raise the cost of financial services and drive more Kenyans away from formal cashless systems. Appearing before the National Assembly Departmental Committee on Finance and National Planning,…

Finance Bill 2026 to shake up Sacco digital costs and tax deadlines

Sacco ReviewMay 15, 202604 mins

Kenya’s proposed Finance Bill 2026 signals a sweeping shift in the tax obligations of Savings and Credit Cooperative Societies (Saccos), touching everything from the digital infrastructure that powers mobile banking to the compliance timelines that govern financial reporting, with most provisions set to take effect on July 1, 2027. The bill, tabled in the National…