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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.
Winds of Change
02 Jun 2020Whenever you watch the news or read articles which focus on the impact of the COVID-19 pandemic on workers and businesses, the message is overtly negative, and to an extent it should be, as many businesses have been irreparably impacted, and some may never recover.
However, with every devastating world or economic event, there are always positives to hold on to, if you are open to looking for them. As the saying goes, “life isn’t about waiting for the storm to pass, it is about learning to dance in the rain”. There is no doubt that this pandemic has been devastating for many sectors and businesses, and regardless of the optimism about how quickly things can restart, for many businesses this will take significant time, if at all.
What has been impressive throughout the lockdown is the ability of so many businesses, sole traders, and organisations to adapt and survive. They could all bunker down and wait for the pandemic to pass, and then carry on business as usual, but it is invigorating to see so many businesses not just surviving, but succeeding.
It is impressive to see the flexibility and adaptability of businesses to develop new products, to change their method of operations, and for staff to work remotely. This is not to forget the contribution of the key workers in the supply chain, who have continued to physically go to work throughout this.
Many businesses, who at the start of the lockdown were looking at releasing staff, furloughing staff or potential closure, are now either diversifying their focus or production. They are supporting other businesses to re-open with the addition of social distancing measures, or putting their operations online.
Many are using this time to re-evaluate what they do, their priorities, reviewing their processes, to better understand how and why they do things.
COVID-19 has pressed a huge reset button for many businesses. Countless articles nudge people to use this time wisely; to develop themselves, learn new skills, study, but this is also an opportunity for businesses to do the same. Many businesses are now re-evaluating their ways of working, reviewing product offerings, changing to online services, reviewing their flexibility, and remote working policies.
It may be some time before we are back to work as ‘normal’, and it seems certain that we will all have a ‘new normal’. All businesses should use this time to re-evaluate their priorities, objectives, processes, and determine where efficiency savings could be made, whether financial or in terms of staff time. They should look at what they have learned about their businesses as a result of the lockdown, loss of staff, furlough, or remote working, and how their business has adapted to survive.
I believe that people learn more from the difficult times than they do from the easy times. Resilience is built by enduring the tough times, and emerging stronger. After this pandemic, for many businesses, trying to carry on as before will not work. Many businesses can achieve immediate survival and future success by reviewing what they do and why, re-balancing operations, and re-prioritising. Business as we know it will never be the same again.