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.
Due to the continually changing nature of tax rules and guidelines, the TBA recommends that members search the HMRC website for the relevant manuals and guidance that are kept up to date. For specific areas of tax advice please contact the TBA office (01638 661 321), for access to the free members' hotline for tax and VAT which provides an initial consultation with retained experts.
TBA members can claim an initial free consultation on legal matters relating to thoroughred breeding operations with the TBA's retained lawyer. Sample enquiries could include employment, contracts, property and bloodstock.
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.