A sigh for relief to Kenyans after the government bowed to pressure and reversed several tax proposals in the Finance Bill 2024/2025. In the amendments, the government said it was working towards alleviating the financial burden on Kenyans following the proposal given by the citizens during the countrywide public participation meetings.
Taxation proposals dropped on bread, locally manufactured diapers and sanitary pads, motor vehicles, and eco-tax. The tax on the transfer of mobile services remains at 15 percent. National Assembly Finance Committee chair Kimani Kuria said that the changes were made after thorough deliberation and public outcry following the public participation forums conducted by the parliamentarians.
Spoke at the State House Nairobi during the United Democratic Alliance (UDA) parl;iamantary group meeting convened by President William Ruto. “The public participation exercise was not an exercise in futility, we had to put it in consideration,” Kimani stated.
Motor vehicle owners can now breathe a sigh of relief as the proposed 2.5 percent annual tax was scrapped. “This move is also aimed at easing the burden of the rising cost of living and is in the best interest of Kenyans, following various meetings where public views were collected,” he added.
