TaxAssist Accountants practice owners manage their team to deliver a suite of accounting, tax, financial and advisory services from highly visible and welcoming shopfronts.
Your clients
You will be focusing on growing a client base of small and medium sized businesses, sole traders, partnerships, limited companies and personal taxpayers with a turnover of up to £2 million. These represent more than 99% of businesses in the UK.
High net worth individuals are also likely to form part of your client portfolio.
Your role
Your role will primarily consist of:
- Being the principal of the business
- Business development
- Marketing your practice
- Managing staff
- Customer service
- Practice management and profitability
- Networking
- Custodian of the brand in your territory
Much of your time will be spent growing your business by attracting new clients and leading your team of loyal staff. But you won’t be doing this alone – we’ll guide you every step of the way to maximise both your income and asset value. All you need to do is follow our proven business model, just as hundreds of people have successfully done before you.
Do I need to come from an accountancy background to run a TaxAssist Accountants practice?
If you are joining the TaxAssist Accountants network as a new start or converting your existing practice, you must be a qualified accountant holding a practising certificate.
If you are purchasing a TaxAssist franchise resale and you are not an accountant with a practising certificate, then having a financial/senior management position within the banking or financial services sectors or proven business background is essential. You must employ a fully qualified accountant with a practising certificate to run the practice.
In 2026, we strengthened our entry requirements to reflect the changing regulatory environment and the time involved in obtaining Anti-Money Laundering (AML) registration with HMRC. Requiring a practising certificate from the outset means you have the appropriate professional qualifications and regulatory standing in place, helping to minimise potential delays when establishing your practice.
When you engage in public practice, your professional body will require you to hold a practising certificate. The requirements vary between institutes, but typically include demonstrating the necessary experience and compliance with requirements relating to Continuing Professional Development (CPD), ethics and professional indemnity insurance.
If you do not currently hold a practising certificate, we recommend contacting your professional body directly to understand its requirements and the process and timescale for obtaining one, as these will depend on your experience, records and individual circumstances. We provide further information here.
Our entry requirements also take account of the anticipated move towards FCA regulation of the sector from 2028, helping to ensure that our network continues to develop with a strong focus on professional qualifications and regulatory compliance.
We can discuss practising certificate requirements, along with the wider regulatory considerations of joining TaxAssist Accountants, during your Discovery Day.
Interested in finding out more?
To find out more about owning and operating a TaxAssist Accountants business, take a look at our Prospectus. You can discover more about our business model, marketplace, franchise package, Initial Training Course, and much more. Click here to download our latest version.
