Equine & bloodstock

Equine Accountants & Bloodstock Business Specialists

We are specialists equine accountants within the equestrian industry, providing taxation and accounting services to our clients, including trainers, breeders, racehorse owners, stud farms, livery yards, eventers, competition yards, and other equine-related businesses.

We offer specialised accountancy services tailored to the bloodstock industry, ensuring compliance and maximising financial returns for our clients.

Agricultural property relief (APR) & business property relief (BPR) specialists

As both APR and BPR specialists we can help you minimise Inheritance Tax by claiming Agricultural Property Relief (APR) and Business Property Relief (BPR) on relevant aspects of your business.

Income Tax

Equine businesses can be loss making in the early years of trade. However, there are certain loss relief rules and you may be able to offset losses against your other taxable income. Effective financial planning, including budgeting and forecasting, can help manage finances and navigate these early challenges.

Running a commercial business

HMRC knows that there can be an element of personal enjoyment and private use with some equine businesses. However, if a business is not managed effectively and its financial operations are not optimised, this can affect trading loss reliefs and other taxes.

We can help you provide evidence that your business is run commercially, with a view to profit and ensure that any private enjoyment is correctly represented.

VAT

We can help with all areas relating to VAT planning, including understanding VAT treatment for racehorse owners and advising on VAT rates concerning DIY liveries through to special purpose yards. Seeking specialist advice for VAT planning can significantly impact your equine business’s growth and success.

Talk to us about your equine business.

Speak to an expert