Weatherbys have asked us to convey the information below to our members.
As part of the BHA’s efforts to modernise and reduce the costs of racing administration, from the beginning of May, many hard copy letters currently received by owners and trainers will be moving online. While you are not required to take any action, we wanted to make sure you understand the changes.
What is moving online?
From 1st May, invoices for BHA racing accounts and VAT summaries for all ownership types (including Sole owners, Companies, Partnerships, Syndicates and Racing Clubs) will be available to view online via the Racing Admin system.
For the avoidance of doubt, if you have a Weatherbys bank account as opposed to a BHA racing account, the way you receive your statements will not change, but your VAT summaries may move online as described below.
What does this mean for me?
As all trainers already have access to the new Racing Admin system, you will be able to view your invoices and VAT summaries online. This will include those for any Partnerships you are involved in, plus any Syndicates and Racing Clubs you manage. Your hard copy invoices and summaries will be replaced by monthly emails notifying you when these are ready to view online.
If your VAT summaries are currently delivered to a VAT agent, they will continue to receive these in hard copy.
What other improvements are being introduced?
In addition to the move online, invoices and VAT summaries are being aligned to cover the same dates each month, and their layout improved to make them easier to understand and utilise. For more information on these changes please visit support.racingadmin.co.uk.
Do I need to take any action? While there is no need for you to take any action in order to enjoy these improvements, if there is a reason why you need to continue receiving hard copy invoices and VAT summaries, or you would like further information, please contact the Accounts Team via firstname.lastname@example.org.