Mbadi says to reinstate 'progressive' provisions in the rejected Finance Bill 2024

Treasury Cabinet Secretary John Mbadi

Photo credit: Pool

The government is keen to return some of the ‘progressive’ provisions contained in the rejected Finance Bill 2024, including the extension of the tax amnesty programme and clauses that sought to reduce tax expenditures, according to the incoming National Treasury Cabinet Secretary John Mbadi.

Speaking on Monday during the handover ceremony, Mr Mbadi ruled out the possibility of re-introducing the Finance Bill 2024, which President William Ruto refused to assent to following violent protests against the proposed tax law.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.