Thank you to Sam Hayes and SAROA for summarising and sharing this information.
Industry groups met with TRSA to discuss progress in their negotiations with the government. We are indebted to Sam Hayes (SA Thoroughbred Breeders) for his notes on the meeting and the actions that should be taken as a result.
TRSA INDUSTRY MEETING – Jan 17
1. Reducing the POC tax rate from 15% to 10%
2. A re-investment of 50% rising to 75% of the total POC revenue back into the racing industry
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