Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

How Brexit could change your flutter on the horses- an expert legal view

HMRC has been scrutinising the commerciality of the racing business in the past few years. An individual hobbyist owning a racehorse where that ownership is considered to be a hobby and for pleasure may not be considered to be a taxable business and of course may not offset any losses or costs on this basis, writes Catherine Pugsley.

To read more, go to Spear's Wealth Management magazine.

Related Expertise