The 2024 Gen Z protests forced Kenya's government to withdraw an entire Finance Bill and dissolve the Cabinet. Two years on, the Finance Bill 2026 has tabled many of the same measures in different clothing. This article maps the new bill against the 2024 demands, the civic response and the constitutional process to budget enactment.
The Finance Bill 2026 increases the residential rental income tax rate from 7.5% to 10% of gross rent. The Bill also introduces a 30% withholding tax on rent paid to non-resident persons. Diaspora landlords face a meaningfully different tax bill in 2026/27 and should review their property holding structures.
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