The Non-Commercial Loss (NCL) rules have been a thorn in the side for individuals conducting a business, alone or in partnership, since their inception in 2000.
With the $1m TAB Karaka Millions 2YO (1200m) and $1.5m TAB Karaka Millions 3YO (1600m) now less than 20 days away, the likely line-ups for the blockbuster Ellerslie races are beginning to take shape.