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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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Our experienced Deal Advisory team has provided a range of transaction, valuation, deal advisory and restructuring services to clients for the past two decades.
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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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Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
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Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.
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Sustainability Advisory
Our Sustainability Advisory team works with clients to accelerate their sustainability journey through innovative and pragmatic solutions.
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Asset management Asset management of the futureIn today’s global asset management landscape, there is an almost constant onslaught of change and complexity. To combat such complex change, asset managers need a consolidated approach. Read our publication and find out more about what you can achieve by choosing to work with us.
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Internal Audit Maintaining Compliance with New EU Pension Directive IORP IIOn 28 April 2021, the Irish Government transposed IORP II (Institution for Occupational Retirement Provision), an EU directive on the activities and supervision of pension schemes, into law.
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Risk, Compliance and Professional Standards FRED 82 – Periodic Updates to FRS 100 – 105The concept of a new suite of standards for the UK and Ireland, aligning with international financial reporting standards, was first conceived in 2002
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Audit and Assurance Auditor transition: how to achieve a smooth changeoverAppointing new auditors may seem like a daunting task that will be disruptive to your business and a drain on the finance function. Nevertheless, there are a multitude of reasons to consider a change, including simply seeking a ‘fresh look’ at the business.
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Corporate Tax
Our Corporate Tax team is made up of more than 40 highly experienced senior partners and directors who work directly with a wide range of domestic and international clients; covering Corporation Tax, Company Secretarial, Employer Solutions, Global Mobility and Tax Incentives.
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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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Indirect Tax Advisory & Compliance
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.
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International Tax
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.
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Grant Thornton’s Private Client Services team can advise you on all areas of financial, pension, investment, succession and inheritance planning. We understand that each individual’s circumstances are different to the next and we tailor our services to suit your specific needs.
The new Finance (Tax Appeals) Act 2015 came into effect on 21 March 2016. The act brought significant changes to the tax appeals system.
All appeals made on or after 21 March 2016 are made directly to the Tax Appeals Commission, previously the appeal was made directly to Revenue.
There are transitional measures included in the Act for appeals which have commenced pre 21 March 2016. The general rule is that where one or more steps has been taken under the old system such appeals will be transferred to the corresponding stage in the new system.
If you have an open appeal currently in the system you should receive a letter from Revenue shortly offering you the opportunity to enter into settlement negotiations. If you agree to enter settlement negotiations you will have 90 days to negotiate with Revenue. If at the end of the 90 days the case has not been settled it will be transferred to the Tax Appeals Commission.
If a taxpayer decides not to enter into settlement negotiations the case will be automatically transferred to the Tax Appeals Commission.
If you are a taxpayer involved in the current appeals process you should strongly consider entering negotiations with Revenue. In order to reduce the backlog of cases currently in the appeals system, which is estimated at several thousand, it is expected that Revenue may be disposed to settling cases where possible. All negotiations should be carried out on a “without prejudice” basis and if successful may ultimately result in lower costs, interest and penalties than if your case was unsuccessful on appeal.
Taxpayers currently involved in the appeals process or those considering taking an appeal should be aware of the following key changes under the new appeals process:
- appeals are to be made in writing directly to the Tax Appeals Commission;
- the time limit for making an appeal has been standardised to 30 days for all tax heads;
- removal of the right of appeal to the Circuit Court;
- the default position is that appeal hearings will be held in public unless the taxpayer requests, within the relevant timeframe, that the hearing be held in private;
- within 90 days of the Commissioner notifying the parties of their determination the commissioners are required to publish a report of their determinations online; and
- under the new process Revenue may give evidence in support of increasing an assessment.