The Departmental Committee on Finance and National Planning will begin stakeholder engagements on the Finance Bill 2026 today, with sessions scheduled to run through Friday May 29, 2026.
The exercise is aimed at collecting public views on the proposed legislation before the Committee compiles and submits its final report for consideration in the National Assembly.
The Finance Bill 2026, has been introduced as a key policy instrument to enhance revenue mobilisation and strengthen tax administration.
It is projected to generate approximately KSh 117 billion in additional revenue through proposed tax measures across multiple sectors of the economy.
Legal Amendments and Tax Reforms
It seeks to amend several key statutes including the Income Tax Act, Value Added Tax Act, Excise Duty Act, Tax Procedures Act, Miscellaneous Fees and Levies Act, and the Stamp Duty Act.
The reforms are designed to simplify compliance, improve clarity in tax administration, and remove outdated provisions and redundant legal references.
Members of the public who wish to participate are encouraged to submit their views through the provided Quick Response (QR) Code by the Finance Committee, where they can comment on individual clauses of the Bill.
The engagement period will allow stakeholders to contribute input that may shape final amendments before the Bill is enacted.
The Bill is part of ongoing fiscal reforms aimed at broadening the tax base while improving efficiency in revenue collection.
Stakeholder Engagement and Policy Review
The stakeholder engagement process is expected to play a critical role in shaping the final version of the Finance Bill 2026, by incorporating public input and sector-specific concerns.
Such consultations are key to enhancing transparency, strengthening public trust in fiscal policy, and ensuring that the resulting legislation reflects a balance between revenue generation and economic growth priorities.
The Committee is expected to review submissions received during the engagement period before finalising its recommendations for debate in Parliament.
