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“Inherited wealth” may become one of the most scrutinised phrases of the next two decades.
Grant Thornton Channel Islands has had a strong start to 2026 in the forensic investigations space
Investing in gender equality is a proven driver of performance and a competitive advantage.
Non-UK resident companies which are subject to UK Corporate Tax (“UKCT”) through their UK property rental business should now be fairly well adjusted to this tax regime, having transitioned away from the Non-Resident Landlord system from April 2020.
Jeremy Hunt stood up and presented his Autumn Statement with high inflation, high interest rates, lower living standards and a very sluggish economy in the forefront of everyone’s mind.
Guernsey income tax is due by reference to an individual’s residence position. For most people, residence is based on the actual days spent in Guernsey during a calendar year.
The International Accounting Standards Board (IASB) has issued amendments to IAS 1 ‘Presentation of Financial Statements’ that aim to improve disclosures about long-term debt with covenants for periods beginning on or after 1 January 2024, with early adoption being permissible.
The IASB has issued additional guidance in IFRS 16 on accounting for sale and leaseback transactions.
On 1 August 2022, the register of overseas entities became live.
The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging.
Turkey has economic conditions that will now require reporting entities in that country to follow the requirements set out in IAS 29 ‘Financial Reporting in Hyperinflationary Economies’.
In light of the latest conflict in Ukraine, including the introduction of wide-ranging sanctions against certain Russian companies and individuals, entities need to carefully consider the accounting implications of this situation.
Grant Thornton’s Women in Business report 2022: How businesses can open the door to diverse talent
Jersey’s insolvency regime has remained largely unchanged for a number of years.
This publication is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards.
The International Accounting Standards Board (IASB) has released a narrow scope amendment to the transition requirements in IFRS 17 ‘Insurance Contracts’.
The International Accounting Standards Board (IASB) regularly publishes new International Financial Reporting Standards (IFRS), Interpretations of Standards (IFRIC) or amendments to existing IFRS Standards.
The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging.
Our ‘Insights into IFRS 8’ series considers key implementation issues and provides interpretational guidance in certain problematic areas.