Walsh Rural is a dedicated division of Walsh Accountants and is led by accountants that come from farming communities. We are passionate about the viability of the industry, and understand the everyday challenges faced by farmers and those in the agribusiness sector.
In addition to supporting our rural clients keep on top of their general compliance, we provide primary producers with advice and commercial strategies that takes advantage of state and federal grants and incentive programs, accessing primary producer tax concessions, and working with industry specialists to deliver efficiencies through the agricultural value chain.
Our agribusiness division offers services including:
Director, Walsh Accountants
Murray grew up in a small town of only 1500 people in New Zealand with his extended family owning a large dairy farm just outside of town. This is where Murray spent much of his weekends and school holidays as a child. To this day, Murray has a great interest in animals and agriculture – on his residential property in Guanaba on the Gold Coast he owns pleasure horses and has reared and sold small herds of cattle. Murray enjoys supporting farmers maintain and grow their businesses. Seeing firsthand the results achieved by our rural clients, is particularly interested in regenerative agricultural practices with a promotion of biodiversity.
Director, Walsh Accountants
Before leaving the property in 2000 to attend university and begin her career in Accounting, Donna grew up on her family farm just outside Tullibigeal central NSW. Along with Donna’s brother and his wife, her parents continue to operate the business. They are the 3rd and 4th generation of Ireland farmers, cultivating cattle, sheep, and grain. Although no longer living on the land, Donna will always have an interest in helping her parents and other farming families get the best outcome from their land and helping them manage and grow their business. Her focus on specific tax incentives available to primary producers and identifying funding opportunities for rural businesses.
Donna Bruce & Murray Kilpin Family Pictures
How can Walsh Rural help you?
Success stories for our clients
Government Research & Development Funding for Soil Testing
We are in the business of business – we live it; breathe it; and we love it! Our Focus Advisory team thoroughly enjoy working with their clients and watching them achieve their goals and growing their businesses and their profit beyond their belief.
We work very closely with our clients, becoming an integral part of their support network. Helping to hold them to account each month/quarter; it is incredible the profound and positive impact this has on their overall position – immediately and long term.
Let us share our experience and passion with you – contact our Focus Advisory Team today so see how we can help you and your business.
Technology for Agriculture
Supply Chain Network
We are currently working with Blockchain architects to determine how this technology can deliver increased efficiencies to the agricultural supply chain network and ensure we can remain at the forefront of technological advancements.
A consortium of investors approached Walsh Accountants to prepare an infrastructure grant application to the Qld Government. The purpose of the grant was to assist with funding technological advancements to ensure a reliable water supply for irrigation on parts of the Darling Downs. We were able to secure funding of $1,500,000 for the client.
Restructure & Succession Planning for Family Farming Business
We were engaged to complete an Estate Tax Return on behalf of a family that owned and operated a number of primary producer farms. As well as assisting with completion of the returns we were able to identify the opportunity to restructure the family business into business units; that not only separated different risk areas but also ensured profits flowed in the most tax effective manner to the appropriate family members. The family were able to access all the Small business CGT concessions to ensure the restructure was completed with minimal tax consequences.
Tax Minimisation Strategies using Primary Production concessions
We have prepared returns for numerous eligible clients ensuring they access the specific PP taxation concessions such as averaging provisions, farm management deposits, accounting for forced disposals, accelerated depreciation provisions etc. to minimise taxation liabilities.
Walsh Accountants is the Gold Coasts longest standing family owned Accounting Firm. Since 1976 we have been at the cutting edge of professional expertise and tailored client assistance.
If you are a Rural /agribusiness and you need a dedicated team to “think outside the box” and help you manage your business; or provide opportunities to help you take your business to the next level, we encourage you to contact our directors, Donna Bruce or Murray Kilpin to explore the opportunities that may be available to you.