12/06/2026
Dr. Chris Kiptoo, today appeared before the National Assembly Departmental Committee on Finance and National Planning during its retreat in Kiambu County to provide clarification on key proposals contained in the Finance Bill, 2026 and outline the policy rationale underpinning the proposed measures.
Dr. Kiptoo was accompanied by the Director-General for Budget, Fiscal and Economic Affairs (BFEA), Mr. Albert Mwenda, and Tax Policy Advisor, Ms. Risper Simiyu.
The Finance Bill, 2026 seeks to enhance the efficiency, fairness and administration of Kenya's tax system while supporting the implementation of the Government's FY 2026/27 Budget priorities.
Addressing the Committee, Dr. Kiptoo explained that the proposed measures are designed to simplify tax compliance, broaden the tax base, curb revenue leakages, rationalise tax expenditures, modernise tax administration and strengthen domestic revenue mobilisation in a manner that supports businesses, creates jobs and accelerates economic growth.
Among the key proposals is the exemption of dialysers used in kidney dialysis treatment from Value Added Tax (VAT), a measure aimed at lowering the cost of healthcare and improving access to life-saving treatment for thousands of Kenyans living with kidney disease.
The Principal Secretary noted that the Bill seeks to create a more equitable and sustainable tax system by encouraging wider participation in the tax framework while improving compliance. The proposed reforms are expected to generate sustainable revenues required to finance the Government's development agenda and delivery of public services.
Dr. Kiptoo commended the Departmental Committee on Finance and National Planning, chaired by Hon. Francis Kuria Kimani, MP (Molo Constituency), for its dedication and commitment throughout the consideration of the Finance Bill, particularly in conducting extensive public participation across the country.
He emphasized that the views, recommendations and concerns raised by Kenyans during the public participation process remain critical in shaping a fair, responsive and inclusive tax policy framework that reflects the aspirations of citizens while safeguarding the country's fiscal sustainability.
The National Treasury remains committed to working closely with Parliament, stakeholders and the public to ensure the enactment of tax policies that promote economic growth, protect livelihoods and support Kenya's long-term development objectives.
