Ex-marathon champ calls for tax review
16 January 2014, 14:50
Nairobi - Former women marathon champion, Catherine Ndereba, has urged the government to reconsider the practice of taxing athletes stating that the move denied the sports stars an opportunity to develop their skills.
She also pointed out that athletes were left with a very small percentage of their hard-earned cash considering that the managers also needed to be paid from the same portion.
“You have heard that that I have won the Boston Marathon like four times. However, when I win the Boston Marathon, I leave 36 percent or 37 percent with the government in the United States. My manager is not yet there. I give the manager 15 percent and some managers go to the extent of picking 20 percent. In that percentage that I am left with, one has to consider I have to cover my travel budget, one’s accommodation and many other expenses like now treatment,” said Ndereba.
“Local athletes in the past, through Athletics Kenya, have been pushing the government to stop taxing athletes claiming that the move left them with very little to save despite lifting high the Kenyan flag in world competitions,” Ndereba said.
A majority of Kenya’s athletes slum back to poverty as soon as they retire due to poor spending or lack of a saving culture caused by the little money they are with after incurring deductions.
Athletics Kenya had earlier stated that it planned to establish an association of athletes that would target to bring together former and current athletes with a bid to educate the latter on the appropriate ways of saving when they are still in their heyday.
– CAJ News