We have recruited many accountants and bookkeepers to the network who already had a block of clients/small practice of their own but were without support and struggling with how to attract and retain clients. They could all see that by utilising the TaxAssist brand and systems they could grow their practice to the next level.
Our Support Centre with over 100 staff, helps franchisees achieve their ambitions offering expert guidance, training, support, technology and innovative marketing and business development strategies.
Accountants are becoming strategic advisors to their clients and are taking on expanded roles with advisory services strengthening the client/accountant relationship. We have developed in house additional services (Tax, Payroll and Financial Planning) to meet the needs of clients and making TaxAssist a one stop shop with a fully integrated client experience.
Reasons to convert your practice to TaxAssist Accountants
The most common reasons for a sole practitioner to join TaxAssist Accountants are:
- To benefit from our brand and proven client lead generation initiatives
- the desire to scale up and maximise growth potential
- to benefit from technology, systems and business development support to diversify services
- develop multiple income streams from TaxAssist Group branded services
- to be part of a supportive network
- to work on, not in the business, by developing a team.
With TaxAssist you can build a substantial, saleable asset
Accountancy practices are valuable, saleable and in demand assets. Why not maximise value by joining our established network?
Those who have joined us recognise the added value that TaxAssist Accountants brings. This includes an enhanced sale price when the time comes to sell and where good profitability and processes can be evidenced.
Accountancy practices typically sell for around 0.8 - 1x fee bank. We have many examples of our franchisees achieving in excess of this - with 1.4 x fee bank achieved in the last 5 years.
How much does it cost?
Your overall business start-up costs will depend on your current situation and is subject to the territory location being available. Our conversion franchise fee is £9,975 +VAT.
Subject to a minimum fee base of £50,000 being involved, we will allow the fees introduced or acquired to be kept in a separate pool and for one year there will be no Management Service Fee payable on these fees. After twelve months, these fees will be amalgamated with other fees acquired during the TaxAssist Accountants Franchise term to form one pool and full Management Service Fees will be payable on the total pool of fees.
Get bank funding for your TaxAssist Accountants franchise
To enable you to join TaxAssist, we have built excellent long-term relationships with the major banks in the UK over the years, and we are A-rated with them. HSBC, Lloyds, Barclays and NatWest have dedicated franchise departments who understand franchising and are very supportive of our franchise.
Banks typically lend our franchisees a maximum of 70% of the total investment required, including working capital. Facilities include:
- Highly competitive rates
- Fixed and variable rate loans
- Committed overdrafts
- Business charge cards
The total investment figure will be dependent on your location, working capital and the level of personal drawings required. We will work closely with you throughout the business planning stage to create a plan that is realistic and establishes the right level of investment for you.
“I had been operating my own practice for a year, and I could see that the growth was not as pacy as I wanted it to be. I knew that if I wanted to grow, I needed the extra support, market presence and roadmap that TaxAssist provides.
"I went into business because I’m a businessman. I’m not a specialist in IT or marketing and although clients were landing on my website, they weren’t converting. I was lacking the right foundations. Anyone out there who is running their own practice and struggling to grow to the next level - I’d definitely recommend looking at the benefits TaxAssist brings."
Syed Hussain - TaxAssist Accountants East Croydon
"I’m a qualified accountant and have been running my own practice for the past eight years, alongside working as Chief Financial Controller for a care home group. After learning more about the strength of the TaxAssist brand and the comprehensive support on offer, I made the decision to convert my existing practice and join the network.
"Visiting the Support Centre gave me a real sense of the extensive resources available and the genuine interest the team takes in each franchisee and their business. I firmly believe we’re now in a stronger position than any local competitor to deliver high-quality accountancy and advisory services, thanks to the backing of the experienced teams at the Support Centre."
Beyant Khosti - TaxAssist Accountants Putney
"I joined the TaxAssist network in early 2025 following the merger of my independent practice, J Leigh Accounting Ltd, with an established local TaxAssist office.
"I’ve worked in the accounting industry for over 15 years and am FMAAT-qualified. In 2022, I took the leap to start my own practice and built a strong reputation locally by focusing on honest communication, practical support, and long-term client relationships.
"My decision to join TaxAssist came from wanting to offer clients more, better systems, deeper expertise, and a strong support network for growth. The merger has created space for strategic thinking, better tech, and the ability to scale without compromising on service."
Jamie Leigh Heyda - TaxAssist Accountants Barnstaple
Interested in finding out more?
To find out more about owning and operating a TaxAssist Accountants business, take a look at our Franchise Prospectus. You can discover more about our franchise model, marketplace, franchise package, Initial Training Course, and much more. Click here to download our latest version.
