A successful bloodstock business requires not just a passion for the sport, but a keen eye on the commercial and financial aspects.
The equestrian industry has faced significant challenges over the past decade. The market for the best horses remains strong, but breeders and other producers may need to consolidate and concentrate on quality rather than quantity to succeed.
More than ever, those involved in bloodstock need the right guidance to help preserve the capital invested in their equine and real estate assets.
We provide expert advice on all financial aspects of ownership, breeding, training and competition and how they impact on your personal and business affairs. This can encompass:
- Creating the right business structure for tax and commercial purposes
- Accounting, audit and outsourced ‘back office’ functions
- Business and personal tax returns and planning
- Employee taxes and benefits including payroll services
- Managing your investments, planning your finances and preserving wealth for the next generation
- Business sales, transactions and succession planning
- Advice on tax and accounting issues facing non-UK individuals
You can benefit from our experience of acting for clients in all sectors of the racing and equestrian industries. This ranges from distinguished thoroughbred breeders and overseas owners, to individual trainers and competitors.
You’ll get advice that’s tailored to the vagaries of the racing, bloodstock and equestrian sectors. We won’t impose an approach or products on you. Instead, we build long-term relationships based on a real understanding of your needs.
You’ll be working with like-minded individuals with a deep interest in racing and the wider equine and sports horse industry. Our team comprises people immersed in your world and who enjoy a national reputation in their professional disciplines.
We’ve worked with owners and breeders throughout the UK, Ireland, the US and other major racing and equestrian countries. If your bloodstock interests stretch across international borders, you can tap into our established links with experienced advisers across the world through Nexia International.
It makes such a refreshing difference to have advisers who really understand the industry.