TCS Investigations Limited has had particular experience in dealing with investigations into Racehorse owners.  Especially when these owners have interacted their Stud activities with horse racing.  We have dealt with a number of investigations where studowners have kept there racing activites within there stud which can cause particular concern to HM Revenue & Customs when they consider the cases of Sharkey v Wherner 1955 36TC215. 

We also have experience in investigations where sponsorship arrangments have or in some cases have not been put in place and the costs of racing have been included as a deduction in company accounts as advertising.  Again this can cause particular concern for HM Revenue & Customs and are known to quote S74 ICTA 1988 as to why relief can not be claimed. Recent developments in respect of the Mcqeen case have made the prospects of a succesful defence more likely.