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Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
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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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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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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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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.
Taxing you at home or at work?
16 Jun 2020Over 200 countries and territories around the world have been directly impacted by the spread of the COVID-19 coronavirus, with most governments quickly implementing full or partial lockdown measures while announcing emergency measures to protect jobs and assist with cash flow. As the pandemic continues, business leaders have still been required to manage any immediate tax consequences, which may give rise to some potential challenges for those businesses with employees or activities overseas.
There has been restricted global travel and some countries have strict isolation rules. As a result, some cross-border employees are now working from home in a different tax jurisdiction, or may be stranded overseas. There are also large construction projects being paused, with sites being unable to open due to lack of staff or not being deemed an essential service. Such issues can have an impact on the right to tax between jurisdictions, and cause issues for both individuals and corporate tax residency.
The Organisation for Economic Co-operation and Development (‘OECD’), which assists with international tax treaties, has released guidance that provides a framework for jurisdictions to navigate these unusual and potential ‘double taxing’ circumstances.
Remote working has become the new normal over the past two months, with most employees creating home office spaces to complete their duties. Depending on the employee’s job role and permanency of a home office, there are cases where a permanent establishment for corporation tax purposes may arise when the employee is based in a different jurisdiction. Such cases are common where staff live and work near the border. As a result, the company could be required to register for tax in that jurisdiction, complete branch accounts, and allocate profits to the overseas jurisdiction. The new OECD guidance and HMRC agree that the short-term nature of the employee working from home should not create a taxable presence for the company. However, companies should consider whether these new working arrangements could become a permanent fixture of working life in the future, and how this may impact its corporate tax position.
Activities on construction sites are also being temporarily interrupted by the COVID-19 crisis. Generally, a construction site creates a permanent establishment when the contract is longer than 6-12 months, depending on the jurisdiction. The OECD have recommended that COVID-19 interruptions should be included in calculating the length of the contract. Therefore interruptions such as material or labour shortages should still be included in calculating the length of the contract, making it likely that more sites could trigger an overseas permanent establishment and become chargeable to tax in another jurisdiction.
There are many different factors to consider, and companies should seek professional advice to keep them correct and in-line with reporting requirements, during these unusual and volatile times.