PHOTOS Grant Thornton brings Christmas Cheer to Limerick clients at Shannon Rowing Club event

Grant Thornton Limerick Christmas Cheer event at Shannon Rowing Club – Picture above are Susan Willis, Senior Admin, Tracy Linnane, Admin, Joanne Clancy, Assistant Manager, Financial Advisor, Ray O’ Halloran, Director, Financial Advisor. Picture: Olena Oleksienko/ilovelimerick

The Christmas Cheer event gave Grant Thornton Limerick a chance to show their appreciation to their clients while preparing them for upcoming changes in 2024

Grant Thornton Financial Counselling & Taxation’s Limerick branch brought festive cheer to over 100 clients at an appreciation event held on December 7th at the Shannon Rowing Club.

The event aimed to inform attendees about the upcoming Auto Enrollment and Enhanced Reporting Requirements changes, helping Limerick businesses prepare for 2024.

Following the information session that would help their clients start off the new year on a positive step, Canapés provided by Hook & Ladder were served with entertainment from one of Limerick’s favourite performers, Liam O’Brien.

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The Auto Enrollment system is set to revolutionise retirement saving for employees in the third quarter of 2024, and will raise awareness for pension planning across all sectors.

Joanne Clancy, Assistant Manager at Grant Thornton Financial Counselling said, “Auto Enrollment intends to raise awareness with everyone about the importance of Retirement Planning. It will be primarily aimed at the hospitality, retail, leisure and other industries where the staff turnover would be higher than what it would be in the likes of a solicitors or accountancy practice.”

The Grant Thornton representative noted these changes will impact all sectors and all earners, with Joanne noting the event will inform businesses of the effects on both low and high earners.

The event also gave clients the chance to learn about Enhanced Reporting Requirements which will oblige employers to report revenue expenditures and employee benefits. The significance of this in-person presentation was emphasised by Éanna McGarrigle, Tax Manager, who helped deliver the presentation and said it will “ensure businesses are ready for the changes on January 1st, 2024”.

Éanna explained meeting clients in person plays an important role for Grant Thornton, he said, “Any engagement with clients in person is important, we find if they don’t know you and they don’t know your face, they’re less likely to turn to you when they’re in need.

“Meeting them face to face helps us tell them exactly what we can offer, what our skills and our expertise are. So it’s great to go out and meet as many clients as possible, to let them know we are there for them.”

Joanne explained meeting with clients, “gives you more of a real connection”.

This connection helped Grant Thornton’s success in Limerick Éanna explained, “In Limerick, we grew from a fairly small practice and would have grown in the last 15 to 20 years.

“We still have a lot of small clients in comparison, maybe to the other accounting firms. It’s about trying to keep your roots a little bit and not losing sight of where you came from.”

Joanne added, “All of the clients we have here, their business is steady and we have a great connection. We have a number of clients who can’t wait for our invitation, they love to come to events like this.”

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Pictures: Olena Oleksienko/ilovelimerick