With an 8% increase in fee income, up from £47m to £50.7m, TaxAssist Accountants is the 22nd largest accounting provider in the UK, according to the highly regarded Accountancy Age industry league table.

The Accountancy Age Top 50+50 celebrates excellence by putting a spotlight on those shaping and defining UK accountancy with firms ranked according to UK fee income for the last financial year.

Daren Moore FCCA, Group Managing Director at the TaxAssist Group, said: “We are pleased to have retained our top 25 position, showing good solid growth through some challenging times and are proud that TaxAssist Accountants has grown continually year on year for 26 years.

“We anticipate even stronger growth going forward as we roll out new campaigns to attract clients. The ongoing development of cloud software, the introduction of MTD and the launch of further complimentary TaxAssist Group products and services, such as our newly launched TaxAssist Financial Services business, will provide our accountants with ever more additional income streams. We are also seeing TaxAssist Accountants purchase fee banks from practices who are looking to exit or restructure in difficult times and want a secure, proven buyer.

“The incredible strength and resilience of the network, the new initiatives we are introducing and the ongoing enhancement of the TaxAssist brand will see us pushing towards a top 20 spot over the coming years.”