Tax Insight: Start-up Business Relief

Nick dives into the technical side of his role as a tax associate and describes a particular tax relief which has become available to small businesses after the 2012 budget.

Welcome to Spilling the Beans

Everything on this site has been designed by trainees for future trainees.

The project is supported by Grant Thornton and a selection of lucky trainees have been fortunate to get involved in the design and development of the site. Our objective is to create a site that would act as a useful source of information and to provide a real insight into life as a Grant Thornton trainee.

Please take some time to discover the features of the site, including our blogs and forum and allow us to spill the beans of life at Grant Thornton.

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Tax Insight: Start-up Business Relief Read more »
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Fast fact:

Grant Thornton UK LLP is part of the Grant Thornton International network and we have over 2,600 partners across offices in over 100 countries. Grant Thornton India have 8 offices and at present, we have a qualified chartered accountant on a 6-month secondment in the Audit department of the Mumbai office.

We were recently named Auditor of the Year at the FD's Excellence Awards. We also came ahead of all other finance companies by being placed second in the 2010 Rate My Placement Awards.

We recruit students straight out of sixth form on to our school leaver programme but also welcome applications from candidates who may not necessarily be recent school leavers. For university students who want an early taste of life at Grant Thornton we have a summer internship and a 12 month placement programme.

We offer graduate programmes in Actuarial, Business Risk Services, Recovery and Reorganisation as well as Audit and Tax.

Audit is formally examining the accounts of organisations ensuring they are presenting a true picture of their financial situation. Tax involves the analysis of business and personal financial arrangements to deliver optimal and sustainable tax efficiencies for our clients.

Our application process begins with an online application followed by online numerical and verbal reasoning tests, a telephone interview and an assessment day. Our assessment days consists of a manager interview and a case study assessed by one of our partners.

We welcome applications from international students provided they meet the international equivalents of our academic requirements and support visa applications for those who are successful.

Our trainees receive an initial holiday allowance of 22 days plus bank holidays plus the option to buy up to five more. In addition to this we offer competitive salaries which are in line with market averages. For any over time worked our trainees receive time off in lieu.

We have our very own training centre at Bradenham Manor, which is a beautiful country house in Buckinghamshire. Our trainees also receive paid study leave whilst studying for their professional exams.

As a firm we are very much focussed on corporate responsibility. We are implementing a series of waste reduction strategies, support a national charity, run a national volunteer day and facilitate an international volunteer programme.

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