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.