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A Supplementary Order Paper released yesterday proposes changes to the tax treatment of bloodstock for inclusion in the Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill, introduced into Parliament on 28 June 2018 and currently at the select committee stage.
For more information see the Minister for Racing’s media statement, Supplementary Order Paper No. 135, the updated Bill disclosure statement, and the regulatory impact assessment.
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