Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
18 December 2023
Topical matters for rural businesses in 2023 and looking ahead to 2024Rural businesses continue to face ongoing uncertainty over what the changing rural support schemes will deliver and how this will affect their future income. This is not aided by the Scottish Government’s recent communications relating to cuts to the Rural Affairs Budget. There continues to be a focus on sustainability and ensuring you are incorporating ESG (Environmental, Social and Governance) into the decisions you make, ensuring your business remains fit for the future.
Michael Larg
Business Advisory Manager
11 December 2023
How landowners can diversify their income through renewables projectsFor centuries, Scotland’s landscape has been managed by landowners for agricultural and sporting purposes. In recent years though, those operating within this sector have been plagued by the ever-changing and more challenging political and fiscal landscape.
Michael Larg
Business Advisory Manager
30 October 2023
Three important considerations for rural businesses in the country sports sectorWhilst country sports contribute greatly to our rural economies, those operating within this sector are often plagued by the ever-changing and more challenging political and fiscal landscape. Johnston Carmichael’s Rural team support many rural businesses in navigating these challenges, and below we’ve highlighted a few common themes to be considered:
10 October 2023
Is Incorporation right for me and my business, or not?We’ve seen profit levels spike for some in the agricultural sector recently, with trading settling back to more “normal” levels for most. During these profitable periods, often the conversation around succession and planning will come to the fore.
22 September 2023
Castlecraig Farm - a masterclass in family businessNot only is Castlecraig Farm a prime example of building resilience through a balanced mix of enterprises, including agritourism – it’s also a masterclass in running a family business.
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