Our Brexit Advisory team offer insight and guidance surrounding impacts and opportunities that Brexit has created for organisations.
We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
Grant Thornton offers solutions to the digital risk issues you are sure to face. Our skilled and experienced security team can helping by advising and consulting, giving you peace of mind, clear value for money and an enhanced ability to react to attacks.
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
Grant Thornton are the leading provider of eDiscovery services in the country and have been for years. Our incident response team managed the electronic discovery in the largest eDiscovery in Irish history.
Forensic and Investigation Services
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
People and Change Consulting
The Grant Thornton People & Change Consulting practice works with clients on these issues as well as on all aspects of how they attract, retain, engage develop, deploy and lead their people.
We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.
Corporate and International tax
Northern Ireland businesses face further challenges as they operate in the only part of the UK that has a land border with a country offering a lower tax rate.
Our team specialises in remuneration and incentive planning and works closely with employers, shareholders and employees to ensure that business strategies are aligned and goals achieved in the most tax efficient, cost-effective manner.
Entrepreneur and private client taxes
Our team of experienced advisors are on hand to guide you through any decision or transaction ranging from the establishment of new business ventures, to realising value on exit, to succession planning and providing for loved ones.
Global Mobility Services
Grant Thornton offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across Ireland and Northern Ireland, while drawing on the knowledge and insights of our global network of over 143 offices of mobility professionals to provide you with a holistic approach to managing global mobility.
Our outsourced service provides valued service to over 150 separate PAYE schemes. These ranging from 1 to 1000 employees, working for micro, SME and global employers. The service is supported by the integrated network of tax and global mobility teams and the wider Grant Thornton network delivering a seamless service. Experienced staff deliver a personal service built around your business needs.
Tax Disputes and Investigations
Our Tax Disputes and Investigation team is made up of tax experts and former HMRC investigators who have years of experience in dealing with a variety of tax investigations. Our expertise and insight can guide you through all interactions, keeping your cost at a minimum while allowing you to continue with the day to day running of your business.
VAT and Indirect taxes
At Grant Thornton (NI) LLP, our team helps Northern Ireland businesses manage their UK and global indirect tax risks which, as transactional taxes, can quickly become big liabilities.
Following last minute talks in Strasbourg and a late night press conference on Monday (11 March), the House of Commons rejected the UK Prime Minister, Theresa May’s Brexit deal again this evening by a crushing margin of 149 MPs (albeit less than the historic defeat by 230 MP’s back in January).
With just over two weeks to go before Brexit day (29 March 2019) there is still no agreement on what Brexit will be. The possible outcomes are actually widening not narrowing the nearer we get to Brexit day – there have been fresh calls for a second referendum or a general election.
For the next few days, all eyes will continue to be focused on what unfolds in Westminster. There will be a vote on Wednesday (13 March) on whether MPs want a ‘No Deal’ Brexit. Theresa May warned again that the legal default on 29 March is still no deal unless there is an extension or a ratified agreement with the EU.
If MPs vote for No Deal, then the EU Council on 21 March would focus on triggering final No Deal contingency plans and would give businesses two weeks to prepare.
If MPs vote against No Deal, then there will be a further vote on Thursday (14 March) on extending Article 50, which will allow Brexit day to be delayed beyond 29 March in order to find time to reach an agreement and/or to better prepare for No Deal. This extension, including any terms and conditions, must be agreed unanimously by all EU leaders.
If you have been waiting for greater clarity before planning for Brexit, do not wait any longer. We would recommend businesses across all sectors to:
- Develop a No Deal contingency plan now! No Deal remains the legal default on 29 March and may well be the outcome at the end of any potential extension.
- If you have a No Deal plan, activate it. You should also review how you can scale it back, put it on hold if there is an extension.
- If you are already implementing your No Deal plan and have flex built in and you know how you will manage any delays, start thinking more long term about the competitive business environment and opportunities and risks of longer term political decisions (e.g. future operating models and efficiency; future trade policy and tariffs – international markets and sourcing; how to attract talent and skills; M&A targets; changes in public spending).
We have been working with clients from a wide range of sectors, covering all aspects of Brexit planning and have outlined some of the essentials to include in your Brexit plan here.