For professional practices, the need for quality commercial business advice has never been greater. With increased focus from the tax authorities in the UK on partnership and partners’ taxes, the choice of the most suitable business vehicle is high on the agenda for most professional services firms.

Why Grant Thornton?

We regularly support professional services clients on matters such as:

• tax compliance and strategies;
• optimum structures to meet the commercial aims and objectives of the business;
• financing alternatives (when and how);
• managing growth in good times and preserving stability in bad; and
• succession planning. 

The Professional Practices Group (PPG) at Grant Thornton specialises in supporting ‘people-based’ businesses. Combining sectoral experience with the service offerings of audit, tax and advisory we provide practical solutions to support our clients to manage their businesses efficiently and successfully. Within professional practices we work with law firms, property consultants, architects, GP practices and other professional services firms throughout Northern Ireland.

Our approach

Our approach is to focus on working alongside the people behind the business, understanding their motivations and sharing our experience with their vision to support growth and expansion in the right direction. We have supported our clients by optimising their financial and managerial performance through understanding the key metrics and the commercial drivers in their sector.

To learn more about our Professional Practice Services please contact Peter Legge, Head of Professional Practices Group.