Costs & Accounts
COSTS & ACCOUNTS
All syndicates are registered with The British Horse Racing Authority. Ensuring peace of mind and the security of a partnership agreement. This also means that each Partnership has its own account with Wetherbys Bank through which all training expenses, entry and jockey fees are paid. A monthly statement is always available on request.
Wetherbys are also responsible for all VAT matters concerning each partnership. Through their VAT desk, all dues paid on the purchase price and training fees of each horse are reclaimed. This can lead to a saving of thousands of pounds per year enabling us to maintain excellent value for money.