REPRIEVE ON TAX PAYERS ; FINANCE BILL 2025

Tax payers can now breathe a sigh of relief after the CSs give green light to the long - awaited Finance Bill 2025.
This approval follows a cabinet meeting chaired by President Ruto in Statehouse on Tuesday, 29, April.

The proposed bill focuses on streamlining tax handling processes without extra tax burdens on citizens.
Moreover, pensions and retirement gratuities are set to attract zero percent taxes.

Aside from the controversial 2024 finance bill, the successor focuses on fixing gaps in the tax system, allowing smooth revenue collection with strategic accountability measures.
Its ratification would at least reduce the scuffles between the taxpayer and the tax authorities.