Financial News
KRA Seeks Expanded Powers to Recover Over Ksh 100 Billion in Housing Levy Defaults
The government is seeking to amend the Finance Bill 2026 to empower the Kenya Revenue Authority (KRA) to recover more than Ksh 100 billion in unremitted Affordable Housing Levy deductions, addressing a legal gap that has allowed employers to evade compliance since the levy’s introduction. The proposal would give