Rural Business Briefing

Our webinar featured content relevant to every stage of the rural business and growth lifecycle – from protecting, managing and mitigating risk to your assets, to how to successfully pass your assets on.

The webinar covered:

• land reform - considered aspects of the Land Reform (Scotland) Bill which may have adverse impacts on future sales, leases and development of land;
• utilities - focused on the upgrade of the electricity networks to support the transition to clean energy, we looked at the powers held by electricity licence holders and provided pointers on how best to protect your interests and secure fair compensation;
• succession & tax - we discussed the key considerations following the Autumn Budget and the impact this will have on inheritance tax and associated reliefs. We explored the challenges and opportunities that arise when a single farm, estate, or business is passed down to multiple heirs in Scotland. We also considered the implications of diversification and natural capital projects on inheritance tax;
• natural capital - we looked at the natural capital and carbon sequestration markets as they are currently operating in Scotland, including approaches to risk and reward. We also considered opportunities for market participation, possible barriers and how these may be overcome.