It’s no surprise that many horse trainers and breeders struggle to keep up with their bookkeeping and tax obligations. While VAT, and tax payments are often among a trainer’s or breeder’s largest financial obligations, many end up paying too much tax, incurring fines for non-compliance, and struggling to obtain financing because their records are out of date.
We can help you manage your cash flow and obtain financing for your horse truck or vehicle in addition to the usual small business compliance issues of taxes.
We’ll structure the financing to maximize tax benefits, recommend the best accounting software to reduce compliance costs, and assist you with payroll management.
We’ve helped trainers, breeders, and jockeys get their businesses off the ground as business start-up specialists. We provide a variety of financial services and have created a number of useful tools to assist you in making the best possible first steps in your business. Our startup expense checklist will assist you in identifying all of your startup costs, including equipment, IT, and marketing. These numbers go into a cash flow budget template to generate a profit and loss forecast for your first year of business.
If you have any queries, or would like specific advice, then please do not hesitate to contact a member of our Accounting team.
call us on +353 (0)1 442 8230, 00353 851477625 or email moh@tasconsulting.ie
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