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New Case A Reminder to Horse Breeders of 4 Year Limit to Claim GST Credits

One of the most difficult and contentious tax matters in the horse breeding and racing industry is determining whether an activity is an “enterprise” for GST purposes. A GST registered business can claim back GST on its creditable acquisitions, known as input tax credits, and is obliged to levy GST on its taxable supplies. This…

New Case A Reminder to Horse Breeders of 4 Year Limit to Claim GST Credits

One of the most difficult and contentious tax matters in the horse breeding and racing industry is determining whether an activity is an “enterprise” for GST purposes. A GST registered

Seasons greetings to you all! At this time of the year, racing related taxation releases from the ATO or relevant court decisions tend to be hard to find. Amidst this

The business of racehorses is unique in many ways, including taxation advice. Baumgartners is Australia’s leading horse tax adviser and has been providing comprehensive horse accounting services to the thoroughbreds
We aim to provide quality equine nutrition products, based on sound, scientific principles, with an emphasis on low-grain feeding and adequate mineral and trace-element supplementation.
Craig Rounsefell was born in to a family with a long line of interest in horse racing, so it was inevitable he would end up in the industry. After many
Magic Millions operates its thoroughbred auction house all year round conducting sales in four states of Australia. Every year Magic Millions catalogues close to 3,000 yearlings across the seven sales
Craig Rounsefell was born in to a family with a long line of interest in horse racing, so it was inevitable he would end up in the industry. After many
We have a talented and experienced veterinary team who are able to deal with all types of equine veterinary problems. With most of our vets having international experience, they bring
Craig Rounsefell was born in to a family with a long line of interest in horse racing, so it was inevitable he would end up in the industry. After many
Investing in research, innovation, and leadership to strengthen our rural industries and regional communities. AgriFutures Australia is one of 15 Research and Development Corporations (RDCs) that service the Research, Development
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