Conduit (IRE)

One of the key areas in thoroughbred taxation is accounting for trading stock and ensuring the tax closing value is properly ascertained. You’d be quite surprised of the enormous difference to the tax position of any racing player where trading stock problems occur.

Last season’s champion NZ two-year-old La Dorada will be out to prove her ability against her Australian counterparts on Friday night when she contests the Gr.3 Scarborough Stakes (1200m) at The Valley.