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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Kenyan MPs voting on the Finance Bill 2026 in the National Assembly chamber.
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National Assembly passes Finance Bill 2026

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The National Assembly has passed the Finance Bill 2026 after a third reading vote, sending it to President William Ruto for assent.

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.

Dean Macpherson told parliament that his department leases private property worth R6 billion annually despite owning the most land in South Africa. He accused some officials of sabotaging leasing rules for personal gain.

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