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.
The way we work, as we know it, is changing, both exponentially and fundamentally. The new age of ‘machine learning’, ‘predictive analytics’, ‘robotics’ and ‘big data’ are bringing us, like it or not, to new frontiers in terms of both organisational benefits and challenges.
Then adding Brexit to the mix - an imminent monumental geo-political event, certainly makes for an interesting journey ahead!
Brexit is expected to be the single most significant disruptor to the UK, Irish and EU economies for generations. With less than 12 months to go until we formally make our exit from the European Union (EU), organisations are working night and day to try and translate what this means for them in real terms, and how they do business beyond March 2019. Much of the detail remains unknown, perhaps even for Teresa May, David Davis and Leo Varadkar. Whether there will be a soft or a hard border between Northern Ireland and the Republic of Ireland is not entirely clear as yet, but what is clear is that major organisational change is on the horizon, for business on both sides of the border.
Perhaps the key questions keeping CEOs awake at night is; are my people ready for Brexit and the transitional challenges it will bring? How will my workforce population evolve post Brexit; and how can I retain a strong talent pipeline in the times of uncertainty that lie ahead. Some might say that there will be tremendous opportunities arising from Brexit, while others will take the view that therein lies great risk, depending on talent pool flexibility and transferability both regionally and legislatively.
What is clear though, is that organisations need to embrace the change that Brexit will bring. They need to be in a strong position to change the way they work, develop new operational efficiencies and to have the capability and capacity to respond to change rapidly as opportunities and challenges present themselves.
But, how do organisations achieve this? Essentially, new ways of working will be critical, particularly those embracing digital technology, as workforces adapt to working across borders.
Another key question; is Brexit going to be transitional for my people or indeed transformational? But what’s the difference one might ask? On one hand transition needs to be managed, whilst on the other, transformation needs to be led. And with each of these come specific ‘people challenges’, in terms of knowledge, skills and behaviours.
Whether transitional or transformational, in order to thrive in the ‘new’ economic landscape outside of the EU, an organisation needs to have the commercial capability and resilience to deal with change and uncertainty. Key members of staff will need to possess strong negotiation skills as new contracts are drawn up; and be able to translate into practice new global business partnerships as they seek to begin trading with new economies and cultures, in what will be the new norm.
Whilst undoubtedly ‘machine learning’ and ‘predictive analytics’ will help with this change journey, it’s ultimately how your workforce embrace this change, that will determine success or failure.