Ruto assents to Tax, KRA Bills targeting fuel prices and revenue governance
Election
Originally published by Citizen Digital — Read the original article →
President William Ruto has assented to the Tax Laws Amendment Bill, 2026, and the Kenya Revenue Authority (Amendment) Bill, 2026, extending the reduced Value Added Tax (VAT) rate on petroleum products and introducing changes to the taxation of construction materials and the governance of the tax collector.
Ruto assented to the two Bills at Eldoret State Lodge in Uasin Gishu County on Friday, October 16, 2026, following their passage by the National Assembly.
The Tax Laws Amendment Bill retains the eight per cent VAT rate on petrol, diesel and paraffin for an initial 90 days, with provision for a further 90-day extension through a Gazette notice by the Cabinet Secretary for the National Treasury.
