Tax event should be dead cert for the racing industry

Swindon chartered accountants are staging a seminar aimed at anyone involved in horse breeding and racing.

The free event on Wednesday May 20 is being organised by Banks BHG, which has extensive experience of supporting horse racing breeders, trainers and owners. It runs from 5.45 to 7.30pm, and will be followed by a light buffet.

“Many industries have unique features but few present as many problems and opportunities as those of equestrianism, bloodstock and racing,” said Banks BHG director Bernard Harrington.

“We are one of the country’s leading specialist advisers to the bloodstock industry, acting for people operating both public and private stud farms. Our advice has helped produce tax refunds which are especially helpful in the early years of every bloodstock breeding business.”

The seminar will focus on the tax mitigation opportunities available for racehorse owners and breeders, with information about the implications for income tax, inheritance tax and VAT.

For more information and to book to attend the event, visit www.banksbhg.com