{"id":11193,"date":"2025-07-16T12:43:53","date_gmt":"2025-07-16T09:43:53","guid":{"rendered":"https:\/\/www.bangbet.com\/news\/?p=11193"},"modified":"2025-07-16T12:43:53","modified_gmt":"2025-07-16T09:43:53","slug":"bangbet-kenya-bet-tax-free-under-new-betting-tax-changes","status":"publish","type":"post","link":"https:\/\/www.bangbet.com\/news\/promotions\/bangbet-kenya-bet-tax-free-under-new-betting-tax-changes\/","title":{"rendered":"Bangbet Kenya: Bet Tax-Free Under New Betting Tax Changes"},"content":{"rendered":"\n

Kenya\u2019s betting scene is buzzing with new developments\u2014and they\u2019re mostly good news for punters. The Finance Act 2025<\/strong> has ushered in major tax reforms in the betting and gaming industry. For passionate Kenyan bettors, the most exciting twist comes from companies like Bangbet Kenya<\/strong>, which have stepped up to shield punters from tax deductions entirely.<\/p>\n\n\n\n

In this post, we unpack the latest betting tax changes in Kenya and explore how Bangbet Kenya\u2019s<\/strong><\/a> tax-free betting<\/strong> model is helping bettors enjoy every shilling of their winnings.<\/p>\n\n\n\n

Understanding Kenya\u2019s New Betting Taxes<\/h2>\n\n\n\n

The Finance Act 2025<\/strong><\/a> has introduced two major changes that reshape how betting and gaming are taxed in Kenya. Let\u2019s break them down:<\/p>\n\n\n\n

1. Withholding Tax on Withdrawals \u2013 Now 5%<\/h3>\n\n\n\n

Previously, punters in Kenya paid a steep 20% withholding tax on net winnings.<\/strong> Under the new law, this has been reduced to 5%<\/strong>, and importantly, it now applies to withdrawals from a betting wallet<\/strong> rather than individual winnings.<\/p>\n\n\n\n

\u2705 Old System:<\/strong> 20% tax on net winnings
\u2705 New System:<\/strong> 5% tax on the amount withdrawn from the betting wallet<\/p>\n\n\n\n

For punters, this translates to smaller deductions when cashing out, making betting more attractive.<\/p>\n\n\n\n

2. Excise Duty Shifted to Deposits \u2013 Now 5%<\/h3>\n\n\n\n

Another critical shift is the Excise Duty<\/strong><\/a>, which has dropped from 15% to 5%<\/strong>. However, the basis of taxation has changed significantly:<\/p>\n\n\n\n