National assembly denies land tax claims in finance bill 2026

The National Assembly has dismissed online claims that the Finance Bill 2026 introduces annual land rent on freehold land.

The statement was issued on Monday, May 25, 2026. Parliament said the bill contains only 57 clauses and none relate to land or land taxes.

It clarified that claims about converting freehold land to leasehold subject to annual rent are false. The assembly also rejected reports that President William Ruto had signed any such law.

Parliament urged citizens to rely on official sources and avoid spreading misinformation during tax debates.

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Treasury Cabinet Secretary John Mbadi reviewing PAYE tax relief documents in a government office
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Mbadi: PAYE tax relief proposal still under active consideration

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Treasury Cabinet Secretary John Mbadi has confirmed that the government’s earlier proposal to raise the PAYE tax-free threshold from KSh 24,000 to KSh 30,000 remains under consideration, despite its absence from the draft Finance Bill 2026.

Kenya's National Assembly has called for public submissions on the Finance Bill 2026, which proposes new taxes on mobile phones, imported second-hand clothes and digital assets.

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Treasury Cabinet Secretary John Mbadi has clarified that the Finance Bill 2026 does not introduce new taxes on cryptocurrency, bread or mobile money transactions.

Kenya's Ministry of Lands has announced a nationwide waiver of interest and penalties on all outstanding loans under the Land Settlement Fund. Lands Cabinet Secretary Alice Wahome issued the directive in a gazette notice dated March 27, enabling beneficiaries to clear only principal amounts during a 12-month moratorium from February 13, 2026, to February 14, 2027. The move aims to support plot owners and settlers in settling debts without extra charges.

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Kenyan opposition leaders have urged Parliament to reject the Ministry of Finance's Infrastructure Bill, 2026 and halt the plan to sell government shares in Safaricom. They argue that the proposals threaten constitutional safeguards for public funds and strategic assets. They also call for an independent review and thorough assessment of assets before any action.

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