As Kenya's digital economy rapidly evolves, the government is continuously updating its tax policies in a bid to expand the net while ensuring there are no loopholes resulting from rapidly changing business models.
A notable change introduced through the Finance Act 2025 is the imposition of a 10 percent excise duty on fees charged by virtual asset service providers (Vasps) on transactions. This measure aims to expand the tax base and integrate digital assets into the formal tax system.
