Wildfire Gemini Stud Insight Newsletter 9 V2 - cover.jpg

Sport Horse Breeding And HMRC: The Increasing Rise In Tax Investigations 

In the last two years, an increasing number of equestrian businesses in particular studs have had an increase in enquiries from HMRC into their status as loss making. Many studs in the UK are run by successful business people who run other non-equestrian businesses and offset their stud’s losses against the tax paid on their other enterprises. Find out what questions HMRC are asking and how to protect your stud from investigations.

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