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Corporate Finance and Deal Advisory
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.
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Digital Risk
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.
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Technology Consulting
Motivating and assisting our clients to pursue, maintain and secure the benefits of digital solutions is at the core of our Digital Transformation teams' agenda and goals. We work with business leaders to deliver efficient digital strategies and operating models that provide new or enhanced capabilities.
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Economic Advisory
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
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Forensic Accounting
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
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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.
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Restructuring
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.
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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.
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Employer Solutions
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.
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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.
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Global Mobility Services
Grant Thornton Ireland 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.
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Outsourced Payroll
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.
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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.
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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.
There are around 2.1 million EU nationals working in the UK. There is a high probability your business employs at least one.
The referendum result has had profound implications on business and its workforce. Employers have told us that fluctuations in the exchange rate, and the uncertainty surrounding the rights of workers to remain, have resulted in some EU employees feeling unsettled and even leaving the UK.
Government's intentions on immigration
The UK Government has confirmed that EU nationals living in the UK will be safeguarded.
The future immigration framework remains uncertain. Employers should look out for the government’s Immigration White Paper which will set out its proposed approach including any restrictions on future workers from the EU, handling of sectoral skills needs, and any new application processes.
Businesses should plan on the basis of:
- continued exchange rate fluctuations
- increased government focus and regulation on employer workforce relations
- an end to the free movement of people between the UK and the EU.
Read the latest government guidance
How to prepare for any Brexit outcome
Conduct a residency audit
Government has made high-level agreements to EU citizens regarding their right to remain.
Broadly speaking there are two categories. While those who have five years of residence will be entitled to Settled Status, everyone else will be covered by a temporary worker category.
Conduct a residency audit to understand who in your workforce is likely to be affected.
Consider potential impact of changes
While details around the future UK immigration framework are still to be agreed, employers can get a sense of potential implications by exploring:
- how you currently engage non-EU workers;
- how practices might need to change and what are the cost implications; and
- whether you have capacity to manage increased administrative requirements.
Book a Brexit workshop
To book a Brexit workshop or find out more about how we can support your business through Brexit, please contact your usual adviser or email us.
Improve current employment practices
Identify opportunities to streamline procedures and implement efficiencies. This includes evaluating the make-up of your current mobile population and understanding the impact of increasing costs of international assignments.
Position yourself as an employer of choice
Reduced access to EU labour, coupled with a fall in the pound impacting on international workers, means businesses need to work hard to retain and attract the skills they need.
Ensure your employee value proposition is as attractive as it can be. Consider:
- developing and reviewing remuneration packages, benefits and incentive schemes with an increased focus on non-cash benefits; and
- providing assistance with citizenship applications and work-permits.
Communicate clearly
Leadership is vital to success.
Create a robust and effective engagement plan with employees to maintain their focus and trust.
Develop domestic talent
Explore alternative solutions to sourcing labour.
Embrace automation
Automation provides business with an opportunity to both reduce reliance on low-skilled labour and invest for the future.
The UK is only slightly ahead of the global average when it comes the use of robotics, meaning lots of opportunity for growth.
