ROA News
ROA News
Charlie Parker: Betting tax hike would knock racing for six
“The damage to the rural economy could threaten 85,000 jobs and £300m in revenues”
FIndings from the Field - May
It's not just racecourses on Bobby's agenda!
New Race Planning tool
Series and bonus races are staples of weekday racing, but how do you qualify for a potential big payout for a series final? Our interactive tool aims to make the process easier.
Don't get caught out by HMRC changes
Whilst racing is a passion for owners, when VAT-registered, HMRC considers it to be a business operating under the Scheme.
Training Agreement reminder
There are many benefits of having a Training Agreement in place.
Findings from the field - April
Bobby looks back at his first month with the ROA. What a first month it’s been!
Charlie Parker: Partnership agreement will future-proof sport
“Establishing a guaranteed prize-money contribution with a share in the upside should be in our power”
Retention of owners in focus
The Owner Relations team started work in January of this year - what have they been up to?
Fortune favours the brave on and off the track
“We could turbo-charge existing revenue streams while releasing funds for core and NH racing”
Benefits of being VAT registered
There are many benefits of being VAT registered for your racing activities. Find out more here
Charlie Parker: Black-market betting bites while levy reform drifts
"A partnership approach may be the only chance of reaching a compromise with bookmakers"
Tote sponsorship scheme goes from strength to strength
ROA Sponsorship scheme reaches historic marker
ROA Racecourse Accreditation 2024
2024 Racehorse Owners Association Gold Standard Award sets a new benchmark of 46 winners
Charlie Parker: Funding hit as politicians fail to deliver levy reform
“The elephant in the room is the lack of a link between revenues generated and prize-money levels”
Charlie Parker: Projects and partnerships must go live in 2025
"Work is under way to identify a revised premier product that can generate enhanced investment"
Sponsorship now open to two-year-olds
Starting January 1, all yearlings turn two, opening the doors for the ROA Tote sponsorship scheme and VAT registration under the Racehorse Owners VAT Scheme.
New Licensing Rules for Syndicates: What Racehorse Owners Need to Know About VAT
Anyone looking to set up a new racehorse syndicate or racing club will now need to apply for a license from the BHA. If you’re an owner dealing with VAT, here’s how these new rules might affect you
Charlie Parker: Tax rises and Jockeys' Cup leave owners off the pace
"None of the new prize pot is being allocated to the group that owns the horses"
Charlie Parker: Time to reset dial on betting and levy status
"Racing has downplayed the distinction between a bet of skill on a horse race and a quick spin on a slot"
THE ROA VAT SOLUTION GUIDE TO THE SALES
With the sales season in full swing, it's a good time to remind members how buying or selling a horse can impact their VAT position.
Rapid results with ROA VAT Solution
The current lead time for new VAT registrations is 40 working days, however, we have been successful in registering Owners for VAT within 50% of this time frame.
Charlie Parker: Premier trial must lead to further innovations
"Hopefully we see the product refined to become a truly global investment opportunity"
Weatherbys Racing Bank presents challenges to owners
We have raised various banking issues that are causing concern with Weatherbys Racing bank
Charlie Parker: New regime brings fresh opportunities for our sport
"The engagement with all of racing's consumers needs to be refreshed and exploited"
ROA Board election update
Announcement on this year's election process
Owners’ fees: how we advocate for you
From the transparency of BHA charges to jockeys’ fees, owner's costs at the forefront of our thoughts as an association, especially with belts being tightened because of more mainstream increases.
Embracing a bright future together
A message from the ROA's new CEO
Charlie Parker: radical new proposal deserves fair hearing
"We have a product that would be hugely attractive to investors, potentially powering the sport on"
UK racing’s heritage of real value on global stage
“We must access the vast legal betting markets worldwide and the income that could produce”
Members enjoy Harry Derham visit
A tour of the state of the art Boxford yard proved luck for Harry - with four winners in the next four days!