Business

McGrady & Co accountancy firm counts on growth with opening of new office

MB McGrady & Co directors (from left) Seamus McLernon, Mal McGrady and Conaill McGrady

CHARTERED accountancy firm M. B. McGrady & Co has relocated to its Belfast base from University Street to the Lisburn Road in a move which has created four jobs, taking its head count to more than 30 spilt across its three offices in Belfast, Downpatrick and Newtownards.

And it cements a strong year for the business, which was established almost 70 years ago in Downpatrick.

One of Northern Ireland's leading practices, the company is headed up by directors Mal McGrady, Conaill McGrady and Seamus McLernon.

“The past year has witnessed significant growth for our company as we prepared for the major changes introduced by HMRC with the launch of Making Tax Digital – a move that long-term could potentially cause a shift away from the traditional annual tax return," Mal McGrady says.

“We recognised the challenges that this would present to the accountancy sector and to our clients and set about establishing a specific division to help clients' transitions to online accounting.”

The new division, which consists of a team of five, is being spearheaded by Conaill McGrady.

He said: “Making Tax Digital is one of the biggest changes in accountancy in a generation. We realised how significant this would be to both our team and clients, and the division was established to both educate and encourage clients to transition to cloud-based software in order to prepare for the change.

“Reflecting the developments in accountancy, our business has also grown considerably. We had outgrown our previous home and felt that the time was right to invest extensively in our Belfast practice, with a bright and shiny new office for our growing team.”

With a focus on developing local specialist talent, MB McGrady & Co's new Belfast base will provide the company with the opportunity to further grow its workforce over the coming years.

Established in 1951, the company (www.mbmcgrady.co.uk) offers accountancy, payroll, audit and tax services across the region, including specialist services for agricultural and charity businesses.

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