Finance Bill 2025 will trigger a spike in cost of goods, experts say

Finance Bill 2025 will trigger a spike in cost of goods, experts say

Smarting from last year’s anti-tax protests, the Treasury has tried to reform tax administration. But migrating zero-rated goods to the VAT-exempt bracket might hit Kenyans’ pockets harder.

Treasury Tax Plan Targets Farm Produce, Drugs, and Green Tech

NAIROBI, Kenya, May 2 – Kenyans may soon feel the pinch at the pharmacy, market, and even in their power bills if a raft of proposed tax changes in the Finance Bill 2025 sails through Parliament. The National Treasury, under Cabinet Secretary John Mbadi, is looking to widen the tax net by withdrawing VAT zero-rating from a number of essential goods and services. Among the hardest hit would be the agriculture and health sectors. The Treasury is p…

Budget proposals might make construction costly

The cost of construction might surge further as Kenya continues to leverage regional members to access float glass to meet the local demand of glass products. This is as new Finance Bill excludes regional markets from relatively high excise duty. Float glass is a raw material used in the manufacture of different glass products, laminated, […]

Finance Bill 2025: KRA seeks to access Kenyans' business data in new proposal

Among the tax heads proposed for changes in the Finance Bill 2025 is the Tax Procedures Act, which allows the Kenya Revenue Authority access to taxpayers' data.