Ruairdhri McIlroy, Assistant Manager, Tax at Grant Thornton With a ban on the sale of new petrol and diesel cars planned in the UK from 2030, the rise in popularity of electric vehicles (EV) seems certain. Globally there has been rapid growth of EV sales, and manufacturers are responding with an ever-growing choice of new…

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Grant Thornton Belfast Telegraph Top 100

Leading business advisory firm Grant Thornton has been announced as the new Associate Sponsor of the Belfast Telegraph Top 100 Companies, the must-read guide to Northern Ireland’s most profitable businesses. Regarded as the most comprehensive company league table in Northern Ireland, the Belfast Telegraph Top 100 is the foremost guide of its type. Richard Gillan,…

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Lauretta McGeown, Associate Director, Tax Now is the time to have that discussion with your adviser to start planning to protect your family’s financial future. HMRC published statistics show UK Inheritance Tax receipts for the tax year April 2020 to April 2021 were £5.4 billion, an increase of £190 million from the year before. Some…

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job resignation

By Patrick Gallen, Partner, People and Change Consulting, Grant Thornton Ireland Like me you may have heard of the term the ‘Great Resignation’ over the last few months. The phrase was coined in the US and describes the current mass exodus of employees from the workforce. The term is equally relevant across the UK and…

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Executive presence in the virtual world Grant Thornton

By Patrick Gallen, Partner, People and Change Consulting, Grant Thornton Ireland I recently read an excellent book by Debra Benton, titled ‘Executive Presence for the Modern Leader’, which details how you can develop executive presence. Benton is an executive coach, c-suite advisor, and bestselling author, so her advice is based on many years of business…

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Sports Clubs - Lighthouse Communications

Jonathan Dickey, Associate Director, Audit & Assurance It has been said that the failure of businesses over the course of the pandemic has largely been due to the fact that their business models were out of date, and that the pandemic has merely hastened their demise. For many sports clubs this narrative resonates, as they…

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Andrew Webb, Chief Economist, Grant Thornton As the dust settles on exam results, and schools and colleges gear up for a new term, it feels like a good time to reflect on the skills situation in one of our hottest sectors. It can’t have escaped your notice that over the past number of years, the…

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Rebecca McIlroy, Assistant Manager, Tax When it comes to tax relief on capital expenditure, the devil is in the detail – not all types of expenditure are going to be eligible for tax relief in the same way. If your company is planning to make a capital investment, you may be considering whether to invest…

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Budget Changes – Withholding Taxes on Interest & Royalties

Marie Martel, Associate Director, Tax As part of the EU, the tax treatment for UK companies paying or receiving interest and royalties to or from related parties that are resident in the EU was determined by the EU Interest and Royalty Directive. The goal of this Directive was to avoid double taxation in a European…

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The Finance Bill 2021 – what these changes mean for you

Claire McKay, Associate Director, Tax The Finance Bill 2021 received early Royal Assent earlier this summer, bringing into force the extended loss carry back legislation, the ‘super-deduction’ for capital allowances, the increased rate of Corporation Tax from April 2023 and other measures first announced in the March Budget. So what do those changes announced months…

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