URA will not tax Nakaayi’s $60,000 prize money

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Nakaayi clocked one minute 58 seconds to win gold at the Khalifa International Stadium in Doha to become only the second Ugandan woman on after Dorcus Inzikuru to emerge championship at the world event. Inzikuru won gold in the steeplechase in the 2005 edition in Helsinki. Winnie Nanyondo, the other Ugandan woman in the 800m final finished in fourth place earning sh54.7m. ($15,000)

Athletees at the 2019 World Championships are baging huge paycheques. Gold medalists are being paid $60,000(sh219m) while silver medalists are banking $30,000(sh105m) in prize money.

“We celebrate her for raising the Ugandan Flag high! She shocked the whole world with her IAAF Doha 2019 800m finals victory. What shouldn’t shock you is the fact that she is going to dance all the way to the bank,” URA said on their twitter handle.

Citing Section 21 (ab) of the Income Tax Act, URA said, “an award received by a sportsperson as a reward from winning or participating in a sports competition is exempt from tax.”

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