Bloodstock Taxation and Advice


How much do you really no about the "ins and outs" of the whole Bloodstock Taxation Regime?

Are you claiming everything that you are entitled to claim for your bloodstock breeding business and associated activities around that business?

Do you even run your bloodstock breeding operation as a business?-if not why not?

Robert has 35 years experience in all facets of the business of breeding and racing standardbred bloodstock as well as racing both standardbreds and gallopers. Given that he has been in this business for that length of time he has also built up a strong working knowledge of what you can and cannot claim when it comes to the bloodstock breeding industry and its associated activities, both in terms of breeding property ownership and racing bloodstock to improve the value of the broodmare stock.

We can offer a number of solutions to you as an interested enquirer as to whether or not you are claiming all available costs and are even running their breeding operation through the right tax structure and we can do this in conjunction with your existing Accountant who may have limited knowledge in this particular field of expertise:-

A review of your existing bloodstock breeding operations from a taxation point of view to advise you on whether or not you are claiming all your bloodstock breeding expenses and in fact have that operation in the correct business tax structure. This work is completed on a negotiated fixed fee basis agreement with you as the client and will include a full report on both your existing business position and what is required to happen to allow you to run your breeding operations as a proper taxable activity.

The completion of Bloodstock Breeding Tax Financials for your Bloodstock Breeding Business including preparation of business entity tax returns that can either be filed with the Inland Revenue Department direct by our firm or provided to your existing Accountant to allow them to include them with other Taxation Returns that they may file on your behalf for other business entities. This work is again quoted on the basis of a negotiated fixed fee agreement with you as the client.

Provision of one-off advice on any Breeding Bloodstock that is charged out on an hourly rate fee basis.

email Robert direct on Robert@taxlinkbop.co.nz for prompt efficient service for your Bloodstock Taxation needs.