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Profile On: Brad Purvis, Specialist in Taxation, Property, Finance and Equine Industry matters

Last week I wrote a post on horses and accounting, having been made aware of DD Equine, a division of Duncan Dovico Accounting Practice.  Brad Purvis from Duncan Dovico has kindly taken the time to answer some questions about how his work relates to horses.

How much of your day/week is related to horses?
About 20%

DD Equine – Accountants and Advisors to the Equine Industry

What is it exactly that you do?
We provide specialist business, taxation and financial related advice to the equine industry. Clients include:

  • studs, breeders
  • trainers, jockeys
  • equestrian centres
  • equine charities
  • race clubs, associations
  • vets, dentist, farriers, etc

There are not many firms providing this type of service to the equine industry in Australia.

In this field of work, is it possible to be a full time professional and earning a liveable income?
Of course… what helps is a passion for horses as well as a sound knowledge of the tax and accounting issues impacting the equine world.

What are the general steps taken to be employed in such a role?
Accounting degree and post graduate studies with one of the professional bodies, then at the coal face with clients… and learning about the technical nature of the advice we provide and then becoming commercially aware of what clients’ require and delivering solutions for them.

Favourite horse memory?
Watching my daughter learning to ride.

Future goals?
To build our equine niche team into a major force and the preferred supplier of accounting, taxation and business advice to the Australian equine community.

Best thing about your sport/profession?
The great people you meet and helping them.

“Whoever said that money cannot buy happiness didn’t know where to buy a horse.” – Author unknown

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