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UK tax franchise model heads to Australia

Sarah Stowe

TaxAssist Accountants, the network helping small business owners and self-employed individuals with their tax and accountancy needs, will shortly be launching in Australia.

Accountants Terry Murphy CPA and Celeste Godwin BBUS, will initially be taking on the regional master franchise licence for Queensland with a commitment to add New South Wales by September 2016.

Murphy and Godwin already have six practices across both states which they will rebrand as TaxAssist Accountants, providing an instant footprint when they are ready to start recruiting franchisees.

Murphy said “We have been tracking TaxAssist in the UK for a few years now and have been impressed with their achievements and progress. It was therefore an opportunity we couldn’t say no to, when I saw an advert advertising the master franchise rights here in Australia.”

The comprehensive training, marketing and business development support from a long-established and multi award-winning franchisor should create a very strong platform for future growth, he said.

Murphy said the UK small business landscape is comparable with the arena in Australia, which comprises more than 96 percent of the total business market.

“I know that the welcoming, straight-talking approach, with accountants in shop-front offices in prime high street positions, which has proven to be so successful in the UK, is exactly what small businesses in this country need. We both can’t wait to get started!”

Karl Sandall, the CEO of the TaxAssist Group comments “We’re delighted to be launching in Australia, which has a burgeoning franchise sector, with business format franchises worth some $65 billion, but does not yet offer our unique packaged accounts and tax service for small businesses.  We see a significant growth opportunity and couldn’t make a better start than with the experienced team of Terry and Celeste.”