New Posts For Thread: Luck on Sundayhttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sundayFckng murder listening to that Dave **** bloke,cant seem to get a sentence out properly.If you run your horse in the name of a limited company to reclaim VAT etc. then prize money comes into the company profits and can be taxed. A private owner who does it as a hobby has no income tax liability so far as I know even if prize money exceehttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563718223#563718223If you run your horse in the name of a limited company to reclaim VAT etc. then prize money comes into the company profits and can be taxed. A private owner who does it as a hobby has no income tax liability so far as I know even if prize money exceeTue, 09 Jan 2024 05:57:20 -0600Just a small syndicate outlay or tiny owner it's irrelevant. But there comes a point where it becomes viable to claw back some tax on exes. Think of the old style landlord compared to running a business, before the gvnt started making that difficulthttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716961#563716961Just a small syndicate outlay or tiny owner it's irrelevant. But there comes a point where it becomes viable to claw back some tax on exes. Think of the old style landlord compared to running a business, before the gvnt started making that difficultMon, 08 Jan 2024 10:52:36 -0600in Nh racing english trainers have made their decision regarding ireland and smaller irish trainer,s reached same conclusion deciding coming to uk getting a smaller cut of something is better than finishing down the field behind mullins,elliot,de brhttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716957#563716957in Nh racing english trainers have made their decision regarding ireland and smaller irish trainer,s reached same conclusion deciding coming to uk getting a smaller cut of something is better than finishing down the field behind mullins,elliot,de brMon, 08 Jan 2024 10:50:07 -0600No, by default it's out of scope.https://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716953#563716953No, by default it's out of scope.Mon, 08 Jan 2024 10:48:23 -0600complex but they do pay tax on race winnings ? ( unlike lotteries etc )https://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716929#563716929complex but they do pay tax on race winnings ? ( unlike lotteries etc )Mon, 08 Jan 2024 10:42:14 -0600the easy answer is that it's outside of scope, reality is far more complex than that.https://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716895#563716895the easy answer is that it's outside of scope, reality is far more complex than that.Mon, 08 Jan 2024 10:33:12 -0600cider , when an owner wins a 20k to the winner race how much income tax do they pay on it ?https://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716873#563716873cider , when an owner wins a 20k to the winner race how much income tax do they pay on it ?Mon, 08 Jan 2024 10:24:12 -0600took her HORSE 2 yrs to win race a race to pay a for a months feed, SHE SAIDif she gets less racing but more quality racehorses,logic says thats 2 more months training fees she,s looking for,https://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563716785#563716785took her HORSE 2 yrs to win race a race to pay a for a months feed, SHE SAIDif she gets less racing but more quality racehorses,logic says thats 2 more months training fees she,s looking for,Mon, 08 Jan 2024 09:53:48 -0600id like to stop you. gormless berk you ishttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563714343#563714343id like to stop you. gormless berk you isSun, 07 Jan 2024 08:03:39 -0600there,ll always be horses to race to see which is faster than the other as proved by owners,trainers etc telling us 24/7 what will happen to the 10,s of 1000,s of norses if animal right activists get their way and stop racinghttps://community.betfair.com/horse_racing/go/thread/view/94102/31828313/luck-on-sunday?post_id=563714247#563714247there,ll always be horses to race to see which is faster than the other as proved by owners,trainers etc telling us 24/7 what will happen to the 10,s of 1000,s of norses if animal right activists get their way and stop racingSun, 07 Jan 2024 07:30:46 -0600