DP Kithure Kindiki in Kitui South has called on Kenyans to brace up for 2025/2026 financial year, as there is no tax addition in the Bill. Photo: Kithure Kindiki X.
Deputy President Kithure Kindiki has called on Kenyans to brace themselves for the Financial year 2025/2026, as the new Finance Bill has no new additional new taxes.
Speaking during an empowerment program in Kitui South, Kindiki said that the efforts should be reflected in all including all levels of government.
“We have decided that there will be no additional taxes. We must all tighten our belts, the Government included,” Kindiki remarked.
His declaration coming after Kitui Central Member of Parliament legislator Makali Mulu has faulted the 2025 Finance Bill as a strategy by the Kenya Kwanza, to secure a second term, with nothing for common mwananchi.
Kindiki further cautioned those bring loopholes in the tax system through evasions of remitting taxes, stating that the government has come up with strict measures and strategies to deal the tax evaders. Je further assured Kenyans that the Kenya Kwanza government will exercise accountability in the management of public resources, affirming of tangible development projects, aimed at benefitting wananchi.
“We will put in measures to seal all loopholes used by crooked people to evade paying taxes. We will be ruthless with those who aid tax evasion. We will ensure all your taxes are well utilized. We are an accountable Government. You will see value for your money in roads, markets, affordable housing, last-mile connectivity, and other transformative development programmes from the grassroots. That is bottom-up,” the Deputy President emphasized.
Treasury Cabinet Secretary John Mbadi is today expected to present the 2025/2026 budget at Parliament buildings in Nairobi. The Kenya Kwanza government is set to spend over KSh 4.2 trillion in the 2025- 2026 financial year.
CS Mbadi has defended the government’s move to give the Kenya Revenue Authority (KRA) powers to access the personal and financial data of Kenyans.
Through the 2025 Finance Bill, the Treasury wants Section 59A(1B) of the Tax Procedures Act, which bars tax bodies from compelling businesses to share customer personal data, deleted.
“KRA only wants financial information from banks and financial institutions to verify the accuracy of people’s tax returns,” Mbadi clarified.
