Figures for January revealed that for the first time in its history the company’s UK network of franchisees delivered services to its clients worth more than £5 million in a single month.
Karl Sandall, chief executive director of TaxAssist Accountants, says: “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 £5 million mark is a real milestone and represents on average £25,000 banked by each of our franchises.”
TaxAssist Accountants is expecting another busy period when Making Tax Digital for VAT is introduced in April for businesses with a turnover above the £85,000 VAT threshold.
Karl describes the new initiative as: “The biggest change to the UK tax system for decades.”
He adds: “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.”
