The opening day of the Tattersalls July Sale saw solid trade headed by the Kingsclere Training Stables consigned HUMAM at 190,000 guineas, one of six lots to realise over 100,000 guineas. A typically international buying bench saw purchasers from France, Libya, Qatar and the UAE as well as Great Britain and Ireland represented in the day’s top ten lots.
Dealing with the complex Fringe Benefits Tax (FBT) is one of the many financial challenges that regional breeding and racing operations must face. Any relief from this tax is very welcome!