The study evaluated how the Finance Bill Act affected investment decisions of private
universities, mainly Tangaza University’s workforce in Kenya, since the introduction of the
2023-2024 finance bill Act's elevated taxation measures. The objectives of this research were to
explore how tax policies including VAT and PAYE taxes, the Housing Levy, the National Social
Security Fund and the National Health Insurance Fund payments impacted investment choices.
Data collection was accomplished through self-administered questionnaires delivered to 35
respondents, who were selected using a clustered random sampling method. The researcher
analyzed these data sets using SPSS version 25. The results showed that PAYE and VAT cut net
income of 73.9% employees, while housing levy reduced savings of 75.9% employees. NSSF
deductions reduced disposable income of 79.4%, and NHIF contributions reduced spending
power of 68.9%. Analysis demonstrated that increased taxation levels in the Finance Bill Act
restrained investment initiatives because higher tax obligations reduced both disposable income
and potential investment options. Survey participants reported that PAYE alongside VAT taxes
significantly lowered their total income, the housing levy consumed savings, NSSF withdrawals
reduced disposable cash, and that NHIF enrollment reduced the buying power private
universities’ employees. However, these policies implementations are crucial for the individual
and national income growth when they are fairly and efficiently structured for the population
growth. Researchers advocate for government emphasis on fair taxation policies to boost
economic growth alongside investment stimulation and recommend implementation of financial
literacy education programs for private university personnel to enhance their ability to manage
finances and select investments. This study bridges the recognized research gap through the
analysis of Finance Bill Act investment effects on Kenya's private university workforce and
presents recommended policies to support better investment choices for stakeholders and private
universities’ employees.