Rural Business

Specialist expertise and experience is particularly vital in the rural business sector because of the unique pressures, challenges and opportunities the countryside affords. We have extensive experience working for rural businesses and estates, and our deep and enthusiastic knowledge of specific rural issues marks us as market leaders in the sector.

The colourful buildings of Tobermory

Expert insight for rural business and communities

We understand, as a result of the economic climate over last decade, the majority of rural businesses have had to diversify from traditional practices. In recent years, as well as agricultural management, we have advised on many different projects such as property development, sporting, rural tourism, furnished holiday letting, wind farms, quarrying and hydro schemes.

We publish a biannual Rural Business Update for our clients and contacts, containing sector insights, developments and commentary. We also hold many rural events, from our annual industry charity fishing competition to debates and discussions on the future of the countryside. If you would like to receive the newsletter, email marketing@chiene.co.uk with your preferred format (paper postal copy or e-Newsletter edition) and address.

Read about a previous rural debate: Rewilding.

The modern rural estate can be a complex beast. Traditional sources of revenue may no longer be productive, and old buildings face ever-increasing running and maintenance costs. As such, many rural businesses choose to diversify into new fields to find different sources of income: tourism, weddings and events, and small craft businesses, particularly in the food and drink sector.

We have an in-depth knowledge of the tax positions, reliefs and structures available to rural estates. We can advise on the best way to diversify a business, the right structure, the tax implications of capital purchases like new agricultural machinery, and business planning and economic forecasting.

Our Private Client team also works with many individuals with interests in estates and rural businesses. We help clients with succession planning and structuring their finances to ensure continuity of their estates and businesses.

We host and sponsor a number of rural events throughout the year, including:

  • Our annual charity fly fishing competition, offering a fun day for novices and experts alike – including the much-valued ‘Honour of the Sector’ awards for the best
  • representatives from property, legal and financial firms
  • The Chiene + Tait Rural Hero Award at the Scottish Rural Awards
  • We take a stand and hold an event at the Scottish Game Fair at Scone
  • We act as key speakers at a number of technical rural conferences and fairs each year, including the SLE Tax Conference, ICAS rural events, STEP and CLT
  • We also host ad-hoc events, debates, seminars and lectures
  • If you’d like to find out more about our rural events, sign up to receive our Rural Business Update, published twice a year.

Llanelli Railway Goods Shed Trust

“I am very happy to endorse Chiene + Tait. We have received invaluable advice from them regarding VAT issues. They have been very thorough and efficient throughout and have acted on our behalf in dealing with HMRC. They identified major savings on the VAT on the capital cost which has enabled our project to move forward.”

Neil Sutherland, MD, Makar

“We were introduced to Chiene & Tait in relation to an R&D tax credit application to HMRC and to say were were delighted with the outcome is an understatement. The specialist service provided made all the difference for a very successful claim and subsequent financial payout. Since this initial experience we have not hesitated in working with Chiene & Tait in subsequent years with continued success. I would reconvened their services to any progressive organisations engaged in R&D activities.”

Martin Nadin, Chief Executive, Scottish Veterans Residences

“They are well-informed about the charity and third sector. Their performance has been seamless, runs on rails, and their size allows them to provide us with a personalised service.”

Chris Wright, Founder, deltaDNA

“We have especially liked Chiene + Tait’s approach: they have always taken a long-term view, working with us to make sure we correctly allocate R&D and show to HMRC the reason each project is valuable research. This has allowed us to successfully secure the tax credits with the minimum of fuss and the confidence each year to invest. I cannot rate Chiene + Tate highly enough. Having worked with other firms during the years on R&D Tax Credits, Chiene + Tait are by far the most professional, easiest to work with and ultimately the best at maximising the value back to the company.”

Tabatha McCree-Cox, Tarbraxus Distillers

“Chiene + Tait offered that expertise which is really important. They have a very friendly team. For example, Kerry on the VAT side has been really good, very detailed: she sets out the information very clearly along with what needs to be done. They are so much better than the previous firm we used.”

Richard Cooper, CEO, Novosound

“Novosound chose to engage with Chiene + Tait for specific tax advice prior to commencing its spin out. We chose C+T due to their deep knowledge of tax treatment with respect to share issues at company formation. This knowledge was exceedingly useful before and during the spin out process. The firm was easy to deal with and when a particular issue arose at the 11th hour, they dropped everything and developed a practical solution that suited all parties. All together C+T are a great firm to work with.”

Bruce Weir, Director, CW Properties

“Chiene + Tait have been excellent to deal with over the last ten years, with clear robust advice on all aspects of our company work. They really do think through solutions to provide best advice at all times.”

Gillian Brown

“They are efficient and I’ve found the people to be easy to work with. They are very transparent in their approach, and always very quick and professional in their responses. I do regard them as a trusted adviser.”

Karen Stark, Head of Finance, Care Visions Group

“Chiene + Tait have provided Care Visions with a professional service from the start: the set-up and parallel runs gave me so much confidence in the decision to outsource. The team at Chiene + Tait are always professional, extremely helpful and reliable.”

Enable Scotland

“As an organisation, we have had a hugely positive experience working with Chiene + Tait. The firm is easy to work with, flexible and promotes a real sense of confidence in their work and advice.”

Barry McCorkell, Director, Aubrey Capital Management

“I had no hesitation in asking for advice from the Chiene + Tait team when HMRC selected us for an Employer Compliance Review. Having longstanding trusted advisers at our side made it a lot easier and a lot less stressful! HMRC’s recommendations were quick to be addressed and adopted so the review, which could have been a challenging and unnerving experience, was instead professional and efficient. I would have no hesitation in recommending the C+T team to anyone in the future.”

Neil Wilkie, COO, Mironid

“We have been delighted to work with Chiene + Tait on our R&D tax credit claim over the past few years. The guidance and professionalism of the C+T team has resulted in a smooth submission process with a concomitant successful outcome. I’d highly recommend their services.”

Meet the team