Nipate

The Finance Bill 2025 proposes several key changes to enhance tax collection and simplify compliance.

It introduces tax deductibility for contributions to the Social Health Insurance Fund, affordable housing levy, and post-retirement medical funds, which could reduce taxable income for contributors.

The bill also plans to replace the current 1.5 per cent Digital Services Tax with a 20 per cent Significant Economic Presence Tax targeting foreign digital businesses, broadening the tax base.

Excise duties are adjusted, including a 10 per cent levy on money transfer services, 15 per cent on alcohol and betting advertisements, and 5 per cent on imported sugar, except for pharmaceutical use.

The VAT registration threshold is raised from Sh5 million to Sh8 million to ease the burden on smaller businesses.

Additionally, the Kenya Revenue Authority will have greater access to financial data, such as mobile money statements, to better detect tax evasion. These proposals aim to strengthen revenue but have raised concerns over privacy and business impact.

This is very bad Kenya really is far advancein human rights and democracy Tanzania is bado in the 80s, Atleast Mwangi has speaken up now over to international community basically BBC and others will unveal the people who tortured and sodomized them then leave it to the social media to destroy them
The point however is just stay in Kenya, in africa Kenya is heaven other Africans dream of.