Tone-deaf: Ruto sneaks back tax measures Gen Z protested in 2024
Finance Bill 2026 shifts numerous VAT zero-rated items to exempt status, a move that will increase the cost of essential goods and services.
The Finance Bill 2026 introduces significant changes to Value Added Tax (VAT) regulations, reclassifying many previously zero-rated goods and services to an exempt status. This alteration is anticipated to lead to increased prices for a variety of essential items and services that were previously more affordable. The move has drawn comparisons to protests by Gen Z against similar tax measures in 2024, suggesting a potential for public dissatisfaction.
This policy shift could impact the affordability of daily necessities for citizens, potentially leading to economic strain and public outcry.
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