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Mitumba

Treasury clarifies mitumba, phone and PAYE changes in Finance Bill 2026
Business

Treasury clarifies mitumba, phone and PAYE changes in Finance Bill 2026

Speaking during a press briefing in Nairobi on Monday, the CS said reforms such as a simplified “mitumba” tax regime, reduced phone import taxes, and a shift in filing timelines are aimed at easing business costs, improving efficiency, and boosting revenue collection rather than raising prices, stressing that “there is miscommunication around this.”

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Former LSK boss raises alarm over Finance Bill 2026 tax burden on households and businesses
News

Former LSK boss raises alarm over Finance Bill 2026 tax burden on households and businesses

Odhiambo also raises issues with the proposed tax treatment of mitumba imports. The Bill introduces a new Section 12H in the Income Tax Act, which assumes a 5% profit on customs value and requires payment before goods are released by the Kenya Revenue Authority. She says this means a trader bringing in goods worth Sh1 million would pay Sh50,000 whether or not they make profit or loss, calling the approach unfair.

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