Ask any sportsman and it’s all about the personal best and for the following list of stallions, they all achieved their best ever yearling sale result at the super strong Magic Millions Yearling Sale last week.

As I return from yet another visit to the QLD Magic Million sales, it occurred to me that it has been too long since I shared my insights as to what a new industry player should be mindful of, tax wise, before they commence a horse breeding and/or racing business.