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TaxAssist Accountants - Accountancy Services Franchise

The largest network of accountants in the UK, providing bookkeeping, payroll, tax and accountancy services to small businesses.

Finance requirements

Initial Franchise Fee:
£36,950 + VAT

Areas Available

Franchise opportunities available throughout the UK. Resales also available

Profile

Are you an accountant or a commercially experienced individual looking to build a profitable and saleable business?

If so, then why not consider running your own accountancy practice with innovative and award winning TaxAssist Accountants.

Accountancy fee banks are genuinely in demand and are a real asset for your future whether you have a plan of 5 years, 10 years or much longer.

TaxAssist Accountants is the UK’s largest network of accountants specialising in servicing the needs of small businesses and self-employed individuals, and the leading tax and accountancy franchise in the UK. It offers brand credibility from day one, mixed with professional initial and ongoing training and support for you and your staff.

Background and the business model in action

Founded in 1995, TaxAssist has continued to see double digit growth in and out of the recession, where the accountancy industry has often stagnated or declined. The franchise now has over 200 franchised areas and has gone from strength to strength, now servicing over 65,000 clients with a fee bank of over £43 million.

The business model is based on the simple principles of offering a convenient, local, first class service to small business clients, a buoyant market that has traditionally been over charged and under serviced.

You will be based in either an office or a shop initially, but are required to move to a shop by the end of your third year. Operating from a shop from day one will allow your business to grow faster.

The intention of the TaxAssist shop is to depart from the look and characteristics of traditional accountancy practices, providing an accessible and welcoming location for small business clients or prospective clients to meet with an accountant at their convenience.

By adhering to the business model and taking a proactive approach to marketing in your territory, you can be attracting clients at a considerable rate. Client acquisition will be facilitated by our lead generation service and our unique and innovative approach to marketing, which will significantly help the build-up of your fee bank.

When you are ready to sell your practice, we can help you realise the value of your asset and you have the knowledge that we have on many occasions sold practices in excess of the industry norms.

Your Role

Your role is fundamentally business development, which is why TaxAssist will consider commercially experienced individuals as well as qualified accountants to become franchisees.

In order to work on the business rather than in it, you must be able to build a team of staff to assist with work production, as your time will be spent as principal of the business, networking, managing staff and meeting with clients.

Earning potential

TaxAssist works with you both in creating an initial business plan and supporting you to achieve it.

Business development will depend on your own ambition, but franchisees should aim to build up turnover and profits consistently, aiming after 5 years, for a turnover of £300,000 plus.

After 5 years some franchisees are happy to maintain this level, comfortable with the income generated from the business, whilst other franchisees continue to drive their business forward, by continuing to be proactive with networking and marketing strategies, pushing past the £500,000 turnover level.

This level of success can be achieved and in some cases is exceeded.

Training & Support

The Norwich based Support Centre offers a complete range of professional, experienced and qualified personnel to provide full training, technical, marketing and business development support.

Our initial training course is delivered by qualified in-house experts, working alongside selected third party specialist training partners.

The 6 week residential course covers:

  • Accounts production and taxation for sole traders and partnerships
  • CCH software
  • Case studies
  • Practice management and social media
  • Sales, marketing and recruitment

Further training is provided at months 2,3 and 6, as well as ongoing regional courses and CPD for you and your staff.The Support Centre offers a complete range of professional, experienced and qualified personnel to fully support your business endeavours. Full training, support and guidance are given to operate your business under the TaxAssist Accountants brand name.

5 star Franchisee Satisfaction

For four consecutive years, TaxAssist Accountants has been awarded ‘5-star franchisee satisfaction’, based on positive feedback from its network of franchisees.

TaxAssist Accountants rated higher than industry standards for all 29 questions, which inform Smith & Henderson’s final Franchise Satisfaction Benchmark report.

Phil Marriott – TaxAssist Accountants franchisee in Long Eaton, Derbyshire and Loughborough, Leicestershire comments:

“The accountancy and tax advisory market continues to be in strong demand, especially as tax legislation becomes ever more complex. There seems to be no shortage of start-up businesses and existing businesses are keener than ever to ensure they have secured competitive fees, which drives enquiries in our direction.

Growth has always been strong and having more than one visible shop increases the growth potential significantly.  The main attraction of TaxAssist Accountants is their professional approach and the benefit of their mature business model. There is an excellent sense of belonging to a like-minded community whilst being an independent business. I would have no hesitation in recommending the franchise.”

Financial information

The franchise fee to join TaxAssist Accountants is £36,950 + VAT. Total investment figures will be dependent on location, working capital and level of personal drawings required, which will vary from person to person. TaxAssist works closely with each individual throughout the business planning stage to establish the level of investment required and has strong working relationships with the major banks who are very supportive of the franchise, and they will typically lend up to 70% of the total investment required.

Whilst you are running your business and taking an income, you are also building a valuable asset for when you decide to exit the franchise.

Discovery Day

We still have territories available across the UK and Republic of Ireland so if you would like to find out more, please contact us by completing the form below to book onto a discovery day. Once you have attended a discovery day we will provide you with a full list of our franchisees for you to speak with as part of your research.

 

News
New TaxAssist shop launches in Beverley East Yorkshire
New TaxAssist shop launches in Beverley East Yorkshire
23 June 2017
Tony Hall has launched a new TaxAssist Accountants shop, offering a dedicated service to support small businesses in Beverley and the surrounding areas. As a member of the Institute of Chartered Accountants in England and Wales (ICAEW), Tony has over 18 years’ experience advising small and medium ...
TaxAssist Barnsley moves to larger shop
TaxAssist Barnsley moves to larger shop
23 June 2017
Such has been demand for his services in Barnsley, Nick Brook has relocated his TaxAssist Accountants office to larger, more centrally located premises in the Yorkshire town’s Church Street. Nick set up TaxAssist Accountants in Huddersfield in 2006, followed by Barnsley in 2015, and now looks afte...
TaxAssist Accountant Terry Peachman celebrates milestone anniversary
TaxAssist Accountant Terry Peachman celebrates milestone anniversary
19 June 2017
Lincoln-based TaxAssist Accountants is celebrating 15 years working with the local small business community. Terry set up TaxAssist Accountants in 2002, followed by a second shop in North Hykeham in 2005. Terry and his seven-strong team now provide specialist tax and accountancy services to more t...
New TaxAssist Shop opens in Bury St Edmunds, Suffolk
New TaxAssist Shop opens in Bury St Edmunds, Suffolk
16 June 2017
Business couple Eliott Betts and Lili Huang have launched TaxAssist Accountants offering a dedicated service to support small businesses on Northgate Street, Bury St Edmunds. With over 30 years between them working in the finance sector, accountants Eliott and his wife Lili decided it was time to ...
Official Shop launch for TaxAssist Goldenacre
Official Shop launch for TaxAssist Goldenacre
16 June 2017
Alan Johnston celebrated six months in business with an official launch event at the TaxAssist Accountants shop in Goldenacre, Edinburgh. The shop on Montagu Terrace, was officially opened on Thursday 1st June, with Alan’s clients, friends, family as well as other local small businesses in the nei...
New TaxAssist shop launches in Chadwell Heath
New TaxAssist shop launches in Chadwell Heath
07 June 2017
Local businesswoman Raiyhana Noorgat and her partner Zubair Patel have opened a new TaxAssist Accountants shop, offering a dedicated service to small businesses in Chadwell Heath. Raiyhana, the principal accountant and a member of the Institute of Financial Accountants (IFA), and Zubair, the devel...
TaxAssist Accountants opens landmark 200th shop
TaxAssist Accountants opens landmark 200th shop
22 May 2017
TaxAssist Accountants, the UK’s largest network of small business specialist accountants is celebrating the opening of its 200th Shop. Franchisee Dave Forrester’s new shop in Bingley, West Yorkshire, hit the 200th spot. Dave, who runs two other shops in Keighley and Ilkley, looks after more than 4...
Claire Woodman celebrates 5 years with TaxAssist Accountants
Claire Woodman celebrates 5 years with TaxAssist Accountants
28 April 2017
Kingswood-based Claire Woodman is celebrating five years working with the local small business community and has recruited two new members to her team after seeing client numbers soar. Claire Woodman set up TaxAssist Accountants in Fishponds in 2012, moving to Kingswood in 2015, she now provides s...
Three is the magic number for TaxAssist Accountant Khaliq Rahman
Three is the magic number for TaxAssist Accountant Khaliq Rahman
28 April 2017
Khaliq Rahman and his team at TaxAssist Accountants in Hounslow and Teddington are celebrating their 15th anniversary with the official launch of their third office at 16 Heath Road Twickenham. After setting up his first TaxAssist Accountants shop on Bell Road, Hounslow in 2001, entrepreneur Khali...
TaxAssist Accountants opens landmark 200th shop
TaxAssist Accountants opens landmark 200th shop
24 April 2017
TaxAssist Accountants, the UK’s largest network of small business specialist accountants is celebrating the opening of its 200th Shop. Franchisee Dave Forrester’s new shop in Bingley, West Yorkshire, hit the 200th spot. Dave, who runs two other shops in Keighley and Ilkley, looks after more than 4...
TaxAssist Accountants celebrates most successful year yet at Annual Conference
TaxAssist Accountants celebrates most successful year yet at Annual Conference
18 April 2017
More than 500 people representing Franchisees, their families, TaxAssist staff and business partners gathered at the 5* Celtic Manor Resort for the TaxAssist Accountants annual exhibition, conference and gala evening on 1st April.  Following a well-attended and busy exhibition in the morning, the ...
TaxAssist Accountants and APS financial offer SME Customers Ultimate Package
TaxAssist Accountants and APS financial offer SME Customers Ultimate Package
28 February 2017
TaxAssist Accountants, the UK’s largest network of tax and accountancy advisors for small companies has joined forces with APS financial, to offer instantly approved, online business accounts. Thanks to the real-time APS technology platform and its award winning Cashplus business account, TaxAs...
New partnership will help small businesses access finance to grow
New partnership will help small businesses access finance to grow
28 February 2017
TaxAssist Accountants has entered into an exclusive partnership with RateSetter’s Business Finance division to help small and medium enterprises (SMEs) across the country access the appropriate finance they need to run their businesses more efficiently. TaxAssist Accountants, which provides accoun...
TaxAssist moves up two places in Top 75 Accounting firms list
TaxAssist moves up two places in Top 75 Accounting firms list
24 February 2017
TaxAssist Accountants moved up two places from 24th into 22nd in Accountancy magazine’s Top 75 firms survey, with fee income continuing to grow for a seventh year running among the UK’s biggest accounting firms. A key factor behind the continued growth of the TaxAssist Accountants franchise networ...
TaxAssist Accountants continues nationwide growth with 13 new franchisees in 2016
TaxAssist Accountants continues nationwide growth with 13 new franchisees in 2016
27 January 2017
TaxAssist Accountants has further increased its nationwide network after it welcomed six new franchisees, including three franchisees taking on resales, on its Autumn initial training course, further consolidating TaxAssist’s position as the UK’s largest network of small business accountants. The ...
TaxAssist Accountants unveils new look app
TaxAssist Accountants unveils new look app
20 January 2017
Clients can access their accounts at the swipe of a finger whenever they want TaxAssist Accountants has made managing the accounts of its small business clients even easier by introducing a new look app for Apple and Android smartphones and tablets. As the largest network of accountants speciali...
David Underwood celebrates milestone anniversary
David Underwood celebrates milestone anniversary
13 January 2017
Harrogate-based TaxAssist Accountant is celebrating 15 years working with the local small business community. David Underwood set up TaxAssist Accountants in 2001 and moved to their Mount Street shop in 2005 with business partner John Robinson who recently retired from the practice. David and his ...
Growing demand leads to fourth premises for Shropshire based TaxAssist Accountant
Growing demand leads to fourth premises for Shropshire based TaxAssist Accountant
25 November 2016
Andrew Morton now has two offices and two shops More than a decade after first setting up TaxAssist Accountants in Ludlow to provide specialist tax and accountancy services to the small business community, accountant Andrew Morton has expanded his services to Bridgnorth, opening a fourth office in...
Magnificent Seven celebrate 10 years at TaxAssist Accountants
Magnificent Seven celebrate 10 years at TaxAssist Accountants
28 October 2016
By following the TaxAssist Accountants model, seven of its 200 franchisees are each celebrating 10 years of business success. Between them, the seven franchisees look after 14 shops and offices around the country, which are part of the UK’s largest network of accountants who are experts in helping...
TaxAssist Accountants selects Intuit QuickBooks as the exclusive partner for its network of accountants
TaxAssist Accountants selects Intuit QuickBooks as the exclusive partner for its network of accountants
29 February 2016
Intuit QuickBooks, the world’s number one online accounting software, today announced a UK-wide strategic partnership with TaxAssist Accountants, one of the UK’s largest networks of accountants. Through the exclusive deal, QuickBooks will become the only recommended online accounting software for ...
CEO of The TaxAssist Direct Group Ltd Karl Sandall makes it to ‘Financial Power List 2015’
CEO of The TaxAssist Direct Group Ltd Karl Sandall makes it to ‘Financial Power List 2015’
09 January 2015
Accountancy Age have recently published their Financial Power List 2015 with CEO of The TaxAssist Direct Group Ltd. Karl Sandall making it to number 50 in the movers and shakers of the finance world.  Karl finds himself in illustrious company with George Osborne taking the number 1 slot with other...
Triple award win for national accountancy network
Triple award win for national accountancy network
05 December 2014
National accountancy network, TaxAssist Accountants, has received a raft of awards at this year’s Smith & Henderson Best Franchise Awards, sponsored by RBS. The awards, based on feedback from each network’s franchisees, was held last Thursday (27 November 2014) and saw TaxAssist Accountants named ...
Awards hat-trick for small business tax specialist
Awards hat-trick for small business tax specialist
02 December 2014
Small business tax and accountancy specialist TaxAssist Accountants has achieved a hat-trick in global awards celebrating excellence across the industry. The national network, which this year completed the UK’s first ever franchisee-assisted management buyout (FAMBO),  picked up three awards in Ac...
National accountancy network marks 50,000 milestone
National accountancy network marks 50,000 milestone
24 November 2014
TaxAssist Accountants is celebrating another major milestone in its continued growth as the national accountancy network signs up its 50,000th small business client. “This is great news for our business and our network,” said David Paulson, Senior Franchise Recruitment Manager at TaxAssist Account...
FAMBO could set new blueprint for franchise partnership, says specialist
FAMBO could set new blueprint for franchise partnership, says specialist
17 November 2014
The UK’s first ever franchisee-assisted management buyout (FAMBO) could set a new blueprint for future industry partnerships, according to a sector specialist. John Chambers, newly-appointed Non-Executive Director of TaxAssist Accountants, the national accountancy franchise which brought tax advic...
TaxAssist Accountants completes UK’s first franchisee-assisted buyout
TaxAssist Accountants completes UK’s first franchisee-assisted buyout
01 September 2014
TaxAssist Accountants, the national accountancy franchise which brought tax advice for small businesses back to the high street, has completed the UK’s first ever franchisee-assisted management buyout. The franchisor, which ranks 25th  in the UK’s Top 50 Accountants, has a UK-wide network of 190 f...
Award Nomination
Award Nomination
02 December 2013
TaxAssist Accountants is proud to announce that we have been nominated for the Smith & Henderson 'Best Overall Franchise' award. This is the flagship award and open to the top six franchisors with at least 25 franchisees. Smith & Henderson advise "The shortlisted franchisors were selected based ...
Another award win
Another award win
29 November 2013
Another day, another award win for TaxAssist Accountants. Phil Sullivan, Network Operations and Finance Director was at The House Of Commons to collect an award on behalf of TaxAssist who won “The Best UK Accountancy Firm Supporting Apprentices”. Mould-breaking accountancy network TaxAssist Accoun...
Smith & Henderson Survey
Smith & Henderson Survey
13 November 2013
Brilliant results! TaxAssist Accountants have recently commissioned Smith & Henderson to carry out a Franchise Satisfaction Benchmark survey."To summarise, there has been an overall 4% improvement, driven by significant gains in Value & Rewards and General Satisfaction.  This gives you an overall ...
AIA Award Win
AIA Award Win
12 November 2013
The Accountancy Firm of the Year award TaxAssist Accountants is delighted to announce that we have been voted the Winner Of The Accountancy Firm Of The Year award by the members of the Association of International Accountants (AIA) beating global groups and industry giants. Karl Sandall, Chief E...
A Trip to Canada
A Trip to Canada
11 November 2013
A delegation of senior staff from the TaxAssist Accountants Support Centre, have recently returned from a very productive trip to Toronto Canada, where they had a number of very promising meetings with prospective master franchisees. The party which included Karl Sandall Chief Executive, David Pau...
Accountancy Age Top 50
Accountancy Age Top 50
10 November 2013
High street accountants beat UK giants on growth - Mould-breaking accountancy network TaxAssist Accountants has beaten the UK’s top ten firms on growth in the latest national league tables. TaxAssist Accountants, which provides tax and accountancy services to small businesses, recorded 12.4% growt...
Accountancy Age
Accountancy Age
09 November 2013
TaxAssist Accountants ramps up International expansion The Irish branch of TaxAssist has just opened the doors of its 25th franchise, out of a targeted 35 within just three years after it sold the master franchise licence to two Irish accountants. Greg Murphy and Roddy Comyn took on the Irish op...
160th Shop Opens
160th Shop Opens
08 November 2013
We are pleased to announce the opening of the 160th shop when Phil Marriott and Carl Whitehead opened the doors to their second shop in Long Eaton in Nottinghamshire Phil joined TaxAssist Accountants in 2002 and opened his first shop in Loughborough in 2005.  He later moved to his current, larger ...
150th Shop Front
150th Shop Front
07 November 2013
After our most successful start to the year yet, with sales of nearly £3m in January alone, TaxAssist Accountants is celebrating again after our network opened its 150th shop in Chesham, Buckinghamshire. Our award-winning franchise, which set up 18 years ago, has more than 200 offices across the U...
TaxAssist Accountants Annual Conference
TaxAssist Accountants Annual Conference
06 November 2013
The TaxAssist Accountants Annual Conference was held on Saturday 20th April at the Celtic Manor Hotel in Newport, South Wales and proved to be the largest and most well attended yet with over 400 franchisees, staff and corporate delegates in attendance. An inspirational and informative morning an...
Ireland reaches Top 20
Ireland reaches Top 20
04 November 2013
The Finance Magazine's survey announces that TaxAssist Accountants has broken into the top 20 accountancy firms in Ireland and is now a major player in the Republic. Last Week The Irish finance press was abuzz with news of the achievement of TaxAssist Accountants:Cork Independent "TaxAssist Accoun...
Jo Nockels wins at Unbiased 2013 Awards
Jo Nockels wins at Unbiased 2013 Awards
25 February 2013
We are delighted to announce that Jo Nockels our Communications and Training Manager has won the 'Professional Adviser of the Year' award for the Unbiased.co.uk Media Awards this week. The judges said that the award was based on the clarity of Jo's writing and how the content connected with the re...
TaxAssist Accountants crowned 'Best Large Franchisor of the Year 2012'
TaxAssist Accountants crowned 'Best Large Franchisor of the Year 2012'
01 December 2012
National accountancy franchise, TaxAssist Accountants, has been crowned ‘Best Large Franchisor of the Year 2012’.The franchise was also named Best Training & Support provider for the second year running at last week’s awards, organised by Smith & Henderson and supported by Lloyds TSB.The winners wer...
TaxAssist office sale breaks million
TaxAssist office sale breaks million
01 October 2012
A TaxAssist Accountants practice has broken the million-pound barrier in a sale to new owners. The franchise network, which operates from more than 200 offices, has seen its first million-pound office resale, at a multiple of 1.25 of revenues. Mike Melling, with a 30-year career in financial ser...
TaxAssist Accountants Launches 130th Shop
TaxAssist Accountants Launches 130th Shop
07 July 2011
We are proud to announce that TaxAssist Accountants, the UK’s largest accountancy franchise network to specialise in accountancy services for small businesses, has now reached the milestone of 130 shop fronts. TaxAssist Accountants now has 188 franchisees across the UK, who cover over 200 outlets...
Tax Franchise Featured in Accountancy Poll
Tax Franchise Featured in Accountancy Poll
05 July 2011
TaxAssist Accountants has been announced as the 28th largest accountancy firm by Accountancy Magazine. The news comes just six months after the publication of the Accountancy Age Survey where tax franchise TaxAssist Accountants entered the survey for the first time at number 34. The Accountancy...
Finance Franchise Climbs Accountancy Charts
Finance Franchise Climbs Accountancy Charts
13 January 2011
TaxAssist Accountants has been announced as the 28th largest accountancy firm by Accountancy Magazine. The news comes just six months after the publication of the Accountancy Age Survey where the Tax Franchise entered the survey for the first time at no.34. The Accountancy Magazine survey, rele...

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