TaxAssist Accountants has kept its position at the 21st spot in Accountancy Age’s industry league table.
The ranking, officially called the Accountancy Age 50+50, shines a light on the best British firms in the industry and lists them in order of their fee income over the past financial year. Having generated a nine percent increase in revenue, from £41.5 million to £45.3 million, TaxAssist Accountants has managed to keep its position as 21st in the table.
Karl Sandall, TaxAssist Accountants’ Group Chief Executive Director said:
“We're pleased to have retained our position at 21 because of a strong growth rate that has outpaced many other firms. I suspect we will see some very different results in the sector off the back of this year, but we remain optimistic, having witnessed a gradual recovery since lockdown in terms of new client numbers and sales.”
Karl believes the franchise’s positive performance comes down to the high level of support it gives its accountants and customers, as well as a lot of hard work by everyone. New franchise partners understand just how valuable a recognisable brand name and expert guidance can be when launching a new business. And at a time when small businesses need all the financial help, they can get, TaxAssist Accountants’ network of high-street branches can offer essential support.
Beth Mason at Accountancy Age reported a “robust performance from UK firms, despite [the] challenging environment”. She added:
“Throughout 2021, we may see growth in several areas, with sustained investment in technology and additional services as firms recognise the importance of innovation to capture a greater share of the market.”
TaxAssist Accountants’ approach should help the franchise maintain its impressive league position. Karl concluded:
“I feel confident that our adoption of a best-in-class technology suite combined with our full-service offering, including a range of complementary services which both attract and support clients, bodes well for future performance.”