January saw the UK network of 200 franchise-operated practices provide client services worth over £5 million during a very busy tax return deadline period.
TaxAssist Accountants, the UK’s largest small business tax and accountancy franchise, is celebrating a record-breaking start to the year. Figures for January revealed that for the first time in its history, the UK network of franchisees delivered services to its clients worth more than £5million in a single month.
Karl Sandall, Chief Executive Director, said: “With over 200 franchises trading from over 300 visible and accessible shops and offices across the UK, the TaxAssist Accountants network is ideally placed to support any clients requiring our services. We expected our franchisees to be busy, especially on the back of the TV advertising campaign we ran leading up to and during the busy tax return season – and they were!
“The £5million mark is a real milestone and represents on average £25,000 banked by each of our franchises. I would like to take this opportunity to praise our accountants and their staff for their hard work during January, as well as thanking the whole team at the Support Centre for their assistance, including those working evenings and weekends to cope with this unprecedented demand.
“Making Tax Digital for VAT will be rolled out in April for businesses with a turnover above the £85,000 VAT threshold, representing the biggest change to the UK tax system for decades. Having researched, trialled and rolled out new software and training programmes to our franchisees and their staff, our network is ready and ideally placed to handle the anticipated extra requirements of all small businesses.”