Tax & Legal
The TBA understands how tax and legal matters can be complex. The TBA works proactively with lawyers and industry authorities to ensure that up to date support for members is provided.
Taxation
The TBA have released a new version of the invaluable Bloodstock Tax Guide as of May 2024. This document seeks to offer an overview of tax issues that affect breeders but does not replace specialist advice on particular issues. We continue to advise that members search the HMRC website for relevant manuals and the TBA also offers access to specialist tax and VAT advisors as part of the membership benefit. To access a free consultation with retained experts please contact the TBA office initially (01638 661321).
Legal
TBA members are entitled to one complimentary initial free consultation on legal matters relating to thoroughbred breeding. Please contact [email protected] if you would like to speak to the TBA's retained lawyer.
All members receive:
- FREE initial consultation on tax and VAT matters with subject matter experts.
- FREE advice on legal matters providing initial advice and consultation.
- FREE legal contracts – boarding stud agreements; employment contracts and discounted nomination agreements (TBA Standard Terms Nomination Agreements (£1.50 plus VAT)).
- Access to downloadable resources including Standard Nomination Terms and Nomination Agreement Licences.