Lawmakers are set to consider a petition seeking reforms to Kenya’s inheritance laws in a move aimed at reducing delays in succession cases and unlocking billions of shillings tied up in unadministered estates. The petition, filed by former Taita Taveta Governor John Mruttu and 22 others, argues that lengthy succession processes prevent productive assets, particularly…
Members of Parliament have ignored recommendations from financial sector experts to reduce the maximum Pay-As-You-Earn (PAYE) income tax rate from 35% to between 28% and 30%, despite pressure from various stakeholders. Instead, the National Assembly’s Finance and National Planning Committee has proposed several amendments to the Finance Bill 2026 that will lower some of the…
The National Assembly is expected to hold a final vote on the Finance Bill 2026 this afternoon, a move that will determine the fate of several tax proposals and revenue-raising measures for the 2026/27 financial year. Before the vote, lawmakers will consider and vote on proposed amendments during the Committee of the Whole House stage,…
