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Audit and Assurance
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Restructuring and Insolvency
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Audit and Assurance

Whether you’re legally obligated to undertake an audit or it is part of your best practice procedures or a milestone to pursue your strategic ambitions – no...

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Accounting Advisory
Our accounting advisory team help businesses meet their complex financial reporting requirements. The team can support in applying new financial reporting standards, IFRS/ US GAAP conversions, financial statement preparation, consolidation and more.

Business Process Outsourcing

Our business process outsourcing team can provide accounting and payroll services to help you reduce costs, improve efficiencies and, in many cases, ensure...

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Payroll
Our team can handle your payroll processing needs to help you reduce cost and saves time so that you can focus on your core competencies
Managed accounting and bookkeeping
Outsourcing the financial reporting function is a growing trend among middle market and startup companies, as it provides a cost-effective way to improve the finance and accounting function. Our team can help with financial statement preparation, consolidation and technical on-call advisory.

Business Risk

In today’s fast changing risk and regulatory landscape, it is imperative that organisations adapt to changes and make risk-informed strategic choices. At Grant...

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Corporate Finance

Our corporate finance team helps companies with capital raising, mergers and acquisitions, private equity, strategic joint ventures, special situations and...

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CFO Services

Our CFO services team helps CFOs in defining business strategy, mitigating risks and mentoring the leadership.

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Accounting Advisory
Our team helps companies keep up with changes to international and domestic financial reporting standards so that they have the right accounting policies and operating models to prevent unexpected surprises.
Crypto Accounting Advisory Service
Our team can help you explore appropriate accounting treatment for accounting for holdings in cryptocurrencies, issuance of cryptocurrencies and other crypto/blockchain related accounting issues.
Expected Credit Loss
Our team of ECL modelling specialists combine help clients implement provisioning methodology and processes which are right for them.
Managed Accounting and Bookkeeping Services
Outsourcing the financial reporting function is a growing trend among middle market and startup companies, as it provides a cost-effective way to improve the finance and accounting function. Our team can help with financial statement preparation, consolidation and technical on-call advisory.

Forensic Advisory

Investigations can range from complex, multi-jurisdictional assignments to the investigation of alleged employee fraud and due diligence of third parties. We...

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Restructuring and Insolvency

We help companies identify and resolve issues affecting profitability, protect enterprise value and facilitate a full recovery where possible.

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Tax

We use a combination of reason and instinct based on our experience and local insights as we work with you to develop strategies that help you to understand...

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Business Tax Advisory
Our business tax team can help you navigate the international tax landscape, grow through mergers and acquisitions, or plan an exit strategy.
Corporate Tax Compliance
Our corporate tax teams prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and realise tax benefits.
Tax Governance
Our Tax Governance Services are designed to assist organisations in establishing effective tax governance practices, enabling them to navigate the intricate tax environment with confidence.
Goods and Services Tax
Our GST team supports organisations throughout the entire business life-cycle. We can help with GST registration, compliance, risk management, scheme renewals, transaction advisory and more.
Transfer Pricing
Our Transfer Pricing team advises clients on their transfer pricing matters on and end-to-end basis right from the designing of policies, to assistance with annual compliance and assistance with defense against the claims of competing tax authorities.
Employer Solutions
Our Employer Solutions team helps businesses remain compliant in Singapore as well as globally as a result of their employees' movements. From running local payroll, to implementing a global equity reward scheme or even advising on the structure of employees’ cross-border travel.
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Our private client services team provides a comprehensive cross section of advisory services to high net worth individuals and corporate executives, allowing such individuals to concentrate on their business interests.

Transaction Advisory

Our team can help in conducting thorough due diligence on the fine detail and providing value-focused and pragmatic advice throughout the transaction.

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Business Tax Advisory
Our business tax team can help you navigate the international tax landscape, grow through mergers and acquisitions, or plan an exit strategy.
Corporate Finance
Our corporate finance team helps companies with capital raising, mergers and acquisitions, private equity, strategic joint ventures, special situations and more.
Financial Due Diligence
From exploring the strategic options available to businesses and shareholders through to advising and project managing the chosen solution, our team provide a truly integrated offering
Valuations
Our valuation specialists blend technical expertise with a pragmatic outlook to deliver support in financial reporting, transactions, restructuring, and disputes.

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Valuations

Measuring value in financial reporting, legal disputes or looking at acquisitions or investments brings a high level of clarity and confidence to business...

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Client challenge:

Client was relocating back to the UK in stages and wanted to manage their residence, domicile and tax position.

Grant Thornton services:

UK residence and domicile advice. Singapore residence advice. UK pre-arrival planning. Singapore departure advice arising from change in role.

When moving countries, it is important to understand your tax position before you move as there may be opportunities to structure your affairs and time your move to minimise your tax position.

Client challenge

Client was returning to the UK and wanted to plan his return tax efficiently.

The taxpayer had previously resided in the UK with his wife but had spent many years in Singapore already. They were returning to the UK for their children’s education and there was still ongoing discussions about their move date as well as his role with the company.

The Grant Thornton solution

We provide the following services:

UK tax residence advice for both husband and wife as the wife was likely to move to the UK with the children first
UK domicile review
Pragmatic UK pre immigration planning to guide them through how they could shelter offshore income and gains from UK tax.
Review of his employment situation and the various options that had been presented, providing UK/Singapore tax analysis and projections arising from the seniors presented, which included various equity plans (stock options, restricted stock, restricted stock units).
Review of potential other employment options with third parties including UK/Singapore roles. This included potential structuring of contracts, remuneration and guidance on what he should and shouldn’t do to ensure compliance and minimise tax risks

The Outcome

His wife was able to move back earlier with planning to ensure that she took back sufficient funds to avoid unnecessary UK taxes.

He followed afterwards, managing his travel to delay the commencement of his UK tax residence. He is also aware of his outstanding Singapore tax obligations and reviewing the employer’s clearance forms we were able to save him tax in the 6 figure region due to incorrect filings made by the employer.

We are now working with him on structuring his tax affairs for his future UK/Singapore role.

Private client case study: Relocating to the UK?

When moving countries, it is important to understand your tax position before you move as there may be opportunities to structure your affairs and time your move to minimise your tax position.

Client challenge

The Grant Thornton solution

The Outcome

Do you have similar challenges? You can contact our expert or send in your questions to enquiries@sg.gt.com.

Private client case study: Relocating to the UK?

When moving countries, it is important to understand your tax position before you move as there may be opportunities to structure your affairs and time your move to minimise your tax position.

Client challenge

The Grant Thornton solution

The Outcome

Do you have similar challenges? You can contact our expert or send in your questions to enquiries@sg.gt.com.

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