With a 3.75% increase in fee income, up from £45.3m to £47m, TaxAssist Accountants is the 22nd largest accounting provider in the UK, according to the highly regarded Accountancy Age industry league table.

Celebrating excellence in accountancy practice, the Accountancy Age Top 50+50 spotlights the top accountancy providers in the UK, ranking them according to UK fee income for the last financial year.

Daren Moore FCCA, Group Commercial Director at the TaxAssist Group, said: “We’re pleased to have retained our top 25 position in the Accountancy Age league and shown strong growth in some challenging times. 2021 has seen even stronger growth in fee income and we expect it to be a record year for us.

“The network has been resilient and we have witnessed a strong recovery since the lockdowns ended in terms of new client numbers and sales. In the short term, we will also be increasing revenue potential for franchisees, by rolling out a range of additional advisory and financial services opportunities which will be offered through TaxAssist shops, which bodes well for breaking into the top 20.

“We are continuing to recruit new franchisees at a good rate, and through our visible shop-based presence, we are ideally placed to attract, retain and service demand from clients as they seek out a pro-active advisor to guide them through the economic recovery and beyond.”