’V.A.T. could ruin racing'
<A*.Z P-cst Mail—CoplT’O’- 1 I OXDOX. Ti e former Australian jockr? now a trainer. X Breaslex. ha predicted the •ruin” of the Fng hsh horse taring industry tinic* the Government lifts its Valu Added Tax on bloodstock, Earhct this year Breasley. xx ’ is 66. lost seven valuable txxc year-olds because their milliot aire Indian owner. Rax i Tikko* refused “on principle*’ to pay th 10 per cent tax. Breasley said that the transte of these horses from his mode* Epsom stable had "knocked bit of a hole in my yard." "There is no question th V.A.T is doing racing a lot c harm.” he said. “1 think it w£ ruin racing in this country. “Most owners are sending thel xoung horses to Ireland or Ttal tn be trained, whereas they', probably come to this count r. but for the X A T. •Valuable blood’in es and brrec inc are bcmg shipped out, P-u hap* for good.” Breasley *ai<?
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Bibliographic details
Press, Volume CXIV, Issue 33649, 26 September 1974, Page 8
Word Count
162’V.A.T. could ruin racing' Press, Volume CXIV, Issue 33649, 26 September 1974, Page 8
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