Taxes and the Professional Sportsperson
Taxes! Oh boy! Is it that time of the year? No, not yet! But why not get ready and know what the tax man expects from you the professional sportsperson. By a professional sportsperson, I mean a person who makes a living by playing a professional sport. For example, an athlete, footballer, basketballer or cricketer.
As a Kenyan sportsperson, the taxman will specifically be interested in you if you are a Kenyan resident. And what is the difference citizenship and residence? Well, for purposes of tax a Kenyan resident can be an individual or a corporate. In this case we shall focus on the individual.