HELP HELP HELP - stud tax return

I've got myself all muddled up with this talk of transferring to racing stock and selling the race horses at tax free profits.  It all confuses me. The single HMRC officer dealing with this area is clearly very very expert in this area and knows a million times more about this sector than I do!

Is anyone out there an expert in this field?

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I'm not sure myself...

mackthefork |