Judgemental
Well-Known Member
Would certainly be interesting to know whether they just attribute a figure for the hounds or whether they get into issues of depreciation as they age. In times gone by of course valuing them would have been easier with the Rugby Hound sales giving comparable prices.
It is a sensible and more common option for hunts that do not have bottomless income streams to become limited companies or revise their business structures so they may take advantage of the tax breaks. Who cares if it isn't the traditional format if it achieves the aims of the hunt, which should primarily to keep operating.
Combat_claire you are an absolute star, in fact positively brilliant because that is exactly what I was getting at, viz The Rugby Hound Sales for example.
There is clearly a value upon a hound and it is not unreasonable to suggest that a hunt that operates as a limited company, would consider the hounds to be assets and therefore a value has to be made.
Therefore one simply wondered from an academic point of view how the valuation was made.
It is very difficult to value hounds although it was common practice in the 19th century and whole packs were sold at phenomenal prices.
You see, is a pack that trail hunts and is stready to the trail nowadays, more valuable than a pack that is easier to hunt after Charlie - I stress for example in the latter case.
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