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Aviation Advisory
Our dedicated Aviation Advisory team bring best-in-class expertise across modelling, lease management, financial accounting and transaction execution as well as technical services completed by certified engineers.
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Consulting
Our Consulting team guarantees quick turnarounds, lower partner-to-staff ratio than most and superior results delivered on a range of services.
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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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Deal Advisory
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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Forensic Accounting
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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Financial Accounting and Advisory
Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
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Restructuring
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.
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Risk Advisory
Our Risk Advisory team delivers innovative solutions and strategic insights for the Financial Services sector, addressing disruptive forces, regulatory changes, and emerging trends to enhance risk management and foster competitive advantage.
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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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Financial Services Tax
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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Private Client
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.
Often taxpayers who are subject to a Revenue Compliance Intervention or a Revenue Audit are unaware of any inaccuracies in their tax records. This unawareness can be costly; interest and penalties on tax underpayments can often be equal to the amount of tax originally due or even greater in certain cases.
Revenue Compliance Interventions and Revenue Audits are a basic feature of the self-assessment tax system. Revenue’s framework consists of three levels of Compliance Intervention.
- Level 1 is intended to help taxpayers voluntarily fulfil their tax obligations.
- Level 2 may be either a Risk Review or a Revenue Audit. A Risk Review is generally a review of a single tax issue; a Revenue Audit is a check on taxpayers’ tax returns compared to their tax records.
- Level 3 is a Revenue Investigation.
In recent years, Revenue have invested significantly in data analytics and technology. Revenue’s adoption of sophisticated data analytical tools means that any inaccuracies or inconsistencies in taxpayers’ returns are likely to become known during a Revenue Audit. With real time reporting to Revenue, such as the Employer PAYE system, Revenue have access to data which they can review in real time, leading to the possibility of current year audits.
A Revenue Audit can be costly in terms of time, energy and resources as well as financially. Taxpayers should consider pre-audit reviews or health checks to minimise these costs. The outcome of a Revenue Audit may also include publication on Revenue’s quarterly Tax Defaulter list and for more serious tax offences, prosecution.
Why Grant Thornton
Our dedicated Revenue Compliance Interventions team has over 50 years’ experience in dealing with Revenue audits. The team includes ex-Revenue and ex-HMRC officials who have comprehensive investigative and negotiation skills and a keen insight into the Revenue audit process.