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Our Forensic and Investigation Services team have targeted solutions to solve difficult challenges - making the difference between finding the truth or being left in the dark.
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Objectives and Key Results (OKRs) is a goal setting framework that helps teams, individuals and organisations set and track measurable goals.
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Our People & Change Consulting team help clients adapt to the changing nature of the workforce - how they attract, retain, engage, develop, deploy and lead their people.
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.
Our outsourced payroll teams become your dedicated payroll department, aiming to process your payroll in the most cost effective and compliant manner.
Grant Thornton's reliable and cost-effective outsourcing services help you streamline your business operations by taking care of your workload.
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Our Audit and Accounting Advisory team takes the headache out of multi-jurisdictional audit compliance requirements as well as technical compliance with accounting standards and legislation for clients.
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Grant Thornton’s Business Process Outsourcing (BPO) team serves the needs of rapidly growing mid-tier multinationals operating out of Ireland and other hubs through the provision of services across the full range of finance functions.
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At Grant Thornton, our Financial Accounting and Advisory Services (FAAS) department have a dedicated team that help finance functions maximise efficiency.
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Our Global Compliance & Reporting Solutions service offering covers a full suite of compliance services including financial statement preparation and related filings, dual bookkeeping, direct and indirect tax, statistical returns and payroll.
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At Grant Thornton, we meet the challenges of our clients. Our Global payroll compliance service offering is tailored to meet all your payroll requirements through a single point of contact.
Grant Thornton Financial Counselling
Grant Thornton Financial Counselling (GTFC) comprises a team of highly qualified professionals who offer financial advice to individuals and corporates across a range of areas including savings, investments, pension planning, and inheritance and succession planning.
Our services on Inheritance Planning mirror those on Succession Planning whereby the foundations of the plan are derived from meaningful conversations with those that wish to pass on or protect their asset base.
Personal Tax Compliance & Planning
The Grant Thornton Personal Tax team helps clients remain compliant and up to date with all of their tax obligations whilst ensuring that they are solutions driven and manage their finances in the most tax efficient way possible.
We have extensive experience guiding our clients successfully through the succession process. This involves advice on both the qualitative and quantitative aspects of the process. While there is a business at the core of each succession plan we advise on, it is all predicated on understanding the people and their respective wishes.
Grant Thornton’s Company Secretarial team contains qualified Company Secretaries. Clients are assured that they will meet all of their obligations under the Companies Acts and other relevant legislation and regulations.
Our Corporation Tax team is made up of more than 40 highly experienced senior partners and directors who work directly with a wide range of domestic, international, and financial services clients. We place a strong emphasis on direct service to clients and we pride ourselves on the close personal relationships we build and the deep understanding of their businesses we develop
Attracting and retaining key talent, managing employment costs and ensuring compliance with complex tax rules presents one of the most serious challenges today for many businesses. You need to ensure that your business complies with increasingly complex tax legislation and can adapt to updated Revenue guidance in a cost-effective way and we are here to help.
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The Grant Thornton team is made up of experts who are fully up to date in terms of changing and evolving tax legislation. This is combined with industry expertise and an in-depth knowledge of the evolving financial services regulatory landscape.
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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.
We develop close relationships with clients in order to gain a deep understanding of their businesses to ensure they make the right operational decisions. The wrong decision on how a company sells into a new market or establishes a new subsidiary can have major tax implications.
The Grant Thornton Tax Advisory team blends commercial experience and knowledge with tax expertise to advise clients on the full range of transactions including sales, mergers, restructurings and succession planning.
Our Tax Incentives team help clients access vital cash funding and tax incentives to enable them to achieve their growth ambition.
Grant Thornton’s team of indirect tax specialists helps a range of clients across a variety of sectors including pharmaceuticals, financial services, construction and property and food to navigate these complexities.
Real Estate Tax Advisory
The Irish real estate market has experienced considerable change in recent years. This has resulted in the emergence of a number of challenges for investors, but has also brought about significant opportunities. With this in mind, taxation is now more than ever one of the key factors for real estate investors when appraising investments, financing methods and development structuring.
With the recent announcement by Ulster Bank and KBC that they are to leave Ireland, it focusses the lens on the General Insurers in Ireland and the viability of shareholders return. There are more players in the Insurance industry compared to the Banking industry, which has resulted in more competition. However, that being considered, the various Insurers are caught between a rock and a hard place when it comes to managing various stakeholder expectations:
The expectation from policyholders and the public is to bring premium costs down with the political class continuously beating that drum to gain favour with the public. However sometimes these stakeholders forget or ignore that the cost of claims and to a lesser extent the cost of regulation are the main factors which drives the premium amount.
The recent adoption of the Personal Injury Guidelines by the Judicial Council on 6 March 2021 is welcome news. The guidelines will replace the Book of Quantum and provide a recalibration on damages awards in personal injuries claims. The upshot from the guidelines is a reduction in whiplash and minor injury awards and that more actions would begin and end in lower courts meaning that insurance companies will incur lower claims costs and legal fees. However, Ireland is still on the upper end of the awards scale when compared to similar claims in the UK and Europe.
On the other hand, medical costs, legal and reconstruction costs, to name a few, are all on the rise which is feeding into cost increases on larger claims.
The political parties are taking aim at dual pricing in the insurance market, however, banning dual pricing would remove an insurers ability to attract new policyholders and may have a negative effect on insurance competition. The appetite to go for the low hanging fruit of dual pricing will have minimal to no effect on insurance premium reduction. It does, however, obscure the reluctance to tackle the thorny issues of Law Reform, Claims Culture and increasing the powers and resources of An Garda Síochána to deal with insurance fraud. All of these topics, combined with the Government’s Action Plan for Insurance Reform, would yield a far bigger dividend by reducing insurance claims costs and, in turn, reduce insurance premiums for the policyholders.
The Central Bank of Ireland and the European Insurance and Occupational Pensions Authority are constantly increasing and refining their supervision of the Industry, which is welcome but also comes with a cost that is ultimately borne by the policyholder.
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The last and probably the most important stakeholder to consider is the shareholder, they expect a return for the capital they have invested and with solvency rules the amount of capital invested can be very significant.
Insurance is capitalism’s closest attempt at some form of socialism. The essential ingredient in the concept of insurance is the pooling of risk and in order for any insurance system to work there has to be at least some extent to which the fortunate pay the expenses of the less fortunate. Insurers have many stakeholders to consider but at the end of the day a satisfactory return for shareholders is required to keep shareholders interested in maintaining a presence in Ireland.