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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.
Last week the UK Prime Minister, Boris Johnson, tabled a new proposal for a Brexit agreement, but outside the political wrangling what does it actually mean for business?
To begin with, the new deal proposes replacing the infamous backstop with regulatory alignment with the EU single market in Northern Ireland for a period of four years, but it would not extend to Northern Ireland being included within the EU’s Customs Union. Without the Brexit jargon, it would create a NI-ROI customs border here and a regulatory border on the Irish Sea between Northern Ireland and Great Britain.
Under the proposals, there would be an initial four year long all-island regulatory zone created. As a result, NI businesses should be able to produce, manufacture and sell products into the ROI without any regulatory tests or checks being required.
A critical condition for this arrangement is that it would only come into effect if they are approved before the end of the transition period (which will run from 1 November 2019 to 31 December 2020 if a deal is reached) by the Northern Ireland Assembly (which as we are all quite aware hasn’t sat since January 2017). This arrangement would need to be voted on every four years and if not agreed, would lapse.
Whilst Northern Ireland will remain in the UK’s new Custom Union, it will mean imports and exports to the ROI will require customs processes to be applied. It has been proposed that all customs checks between NI and the ROI would take place either electronically or in the small number of cases where physical checks would be necessary, they would happen at traders’ premises or other points in the supply chain. NI businesses should be prepared to undertake customs processes either in event of a ‘no deal Brexit’ at the end of this month or if this deal is agreed, be ready by 31 December 2020.
Additionally, the proposals also revealed that the UK Government are no longer seeking a future trade agreement with the EU that minimises non-tariff barriers by aligning regulatory regimes. Worryingly for businesses, the transition period has not been extended, meaning that this period has effectively shortened form 21 months to 14 months.
For most businesses, the UK Government’s proposal significantly narrows the difference between ‘Brexit with a deal’ and ‘no-deal Brexit’ and allows those businesses that are ready for no-deal Brexit to be ready for Brexit, if this deal or something like it is agreed.