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.
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 email@example.com with your preferred format (paper postal copy or e-Newsletter edition) and address.
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.
The team is led by Rory Kennedy, our Rural Estates Partner. Rory is a keen field sportsman, the chair of the Scottish Association for Country Sports, and has lived and worked in the countryside for many years. He has worked on behalf of a range of rural businesses, private individuals, and family estates, and has extensive experience in business, economic planning, and economic regeneration initiatives. He has also worked in-house for a large rural estate with a significantly diversified business model. He is supported by experts in Tax, Accounting and Business Services.