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 Chancellor Philip Hammond has set an early Autumn budget this year and is due to announce the fiscal budget on 29 October. The Budget is due only a few weeks prior to a crucial Brexit summit in Brussels. Unusually, it will take place on a Monday for the first time since 2008, in the midst of the financial crisis.
There have been many reports of public debt levels decreasing to their lowest since 2002 and as such, we should expect some easing in austerity measures alongside tax reliefs. Any potential tax reliefs have been kept tightly sealed however, we would expect the usual increases in personal allowances and NIC thresholds. To encourage businesses to continue investing within the UK, on the lead up to Brexit, there may be an increase in the current Annual Investment Allowance of £200,000 to the previous levels of up to £500,000, and increases to the R&D tax relief regime to encourage investment in innovations.
There are also murmurs of a potential reduction of tax relief available to those paying into their pension along with the elimination of the personal dividend allowance to £NIL from the current £2,000 per year allowance.
Whilst a further reduction of the rate of corporation tax to 17% from April 2020 has already been announced, it is unlikely that a further drop will be announced despite calls for this to attract post-Brexit investors. Of course, the legislation for a reduced rate of corporation tax to apply in Northern Ireland already exists, however this remains subject to a sustainable budget being submitted by a local Executive – both of which still appear some way off.
Keep up to date with the Budget announcements on 29 October 2018 on our Twitter feed @GrantThorntonNI and website www.grantthorntonni.com