TaxAssist Accountants opens 250th UK shop

Company opened 20 new shops in the UK between July and December 2020 and seven so far in 2021

Karthik Vasanthakumar has opened TaxAssist Accountants’ 250th UK outlet.

The Caterham-based franchisee joined the independent accountancy brand in October last year.

He says: “It’s been a long-held dream to build my own practice and I’m really enjoying the client interactions I’ve had so far.

“With footfall now increasing and lots of positive comments from clients on the look and feel of the shop, I’m confident it will continue to be a draw as I look to grow the business.”

TaxAssist Accountants opened 20 new shops in the UK between July and December 2020 and seven so far in 2021.

Since the first shop opened in 2002 in Norwich, they’ve continually proven to be one of the largest sources of client growth for the network because of their highly visible locations and open and welcoming atmosphere, along with décor designed to reflect the friendly, modern service on offer.

James Mattam, TaxAssist Accountants’ group business development director, says: “It’s fantastic news that we have been able to continue to open many shops, especially during such an unprecedented year, and that more businesses will be able to benefit from our first class service offering.

“With growing interest in joining the TaxAssist Accountants network and an increased demand for our services from clients, the indications are that the network is set for further substantial growth through our unique shop model.

“Our entire business model has always been centred around what clients want. We decided nearly 20 years ago that clients want a retail experience, where they could get away from their own business and focus on their finances with our advisers.

“They often take comfort from the fact their TaxAssist accountant is on their side and a part of their team to ensure their finances are managed well and their tax bill is reduced wherever possible.”

Globally, TaxAssist Accountants now services more than 83,000 clients and has a fee bank of more than £57 million from 435 shops and offices.

As well as operating in the UK, the company has successfully launched in the Republic of Ireland, Australia, Canada and the USA.

TaxAssist Accountants was recently shortlisted in the Best White Collar Franchise category at the prestigious Global Franchise Awards, which recognise excellence in the franchise industry and celebrate the brands that are working hardest to advance the cause of international franchising.