Tax Consulting by TaxAssist
Our TaxAssist-branded Tax Consulting Service, based at our Support Centre in Norwich, runs alongside our current partners. While most tax planning needs can be supported by our accountants, we are continuing to develop ways to broaden the range of services we can deliver to clients. The Tax Consulting team works with our network to deliver more complex tax services, to help each TaxAssist Accountant earn more fees, retain clients and win new business.
Payroll by TaxAssist
Our TaxAssist-branded payroll service works alongside our network of accountants to deliver end-to-end payroll services for their clients. Using the latest technology, the payroll service is run through a leading cloud-based portal, providing enhanced functionality for our accountants, their clients, and their employees. This service frees up time for our network and because it is priced at a level significantly below the typical market rate, it's also helping each TaxAssist Accountant to achieve better profit margins and win new business.
Financial Planning
In 2022, we rolled out our financial planning offering to meet clients’ needs and drive new income streams for our network.
The current range of services offered through Financial Planning by TaxAssist includes:
- Pensions
- Investments
- Wealth planning
- Life insurance, critical illness insurance, income protection, family income benefit, relevant life and group policies
- Business protection including key person insurance, shareholder protection
Plans are in place to have regionally based Independent Financial Advisers operating from TaxAssist Accountants shops and offices.
This represents a huge opportunity for the TaxAssist network, with an extended range of services, providing a competitive advantage over local firms. This ensures clients are provided with a first-class service from their accountant but also have the opportunity to be offered services to provide for their futures. The commissions are generous and incentives are put in place to encourage a build up of trail assets under management over time to increase the value of each TaxAssist practice.
These complementary services have seen TaxAssist Accountants develop a better understanding of clients' needs and goals in order to provide suitable advice for their requirements.
