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Exceptionally, payments may be made by sports governing bodies for loss of earning support for example during a sports person’s absence from an employment to train for and participate in the Olympic Games. »Ê¹ÚÌåÓýappse payments will not be taxable in the hands of sports persons who are employed. But if the payments are to compensate loss of income from a trade, profession or vocation of any description of a self-employed sports person, they are taxable trading receipts.