Accountancy group on the up following venture with major London firm

CAPITAL: The Bank if England is at the heart of the City. Below, Paul Newsham
CAPITAL: The Bank if England is at the heart of the City. Below, Paul Newsham
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The North West’s fast-growing accountancy group has spread its wings outside the region and gained a foothold in the City of London.

RfM+more, which has built a network of seven branches in Lancashire and Cumbria in just 18 months, has launched a joint venture in the capital with the co-founder of a major UK and international tax consultancy.

Duncan Webster, whose company Taxxa LLP acts for individual and corporate clients around the world, has teamed up with the RfM group to provide it with access to some of the top professionals in the City.

Group consultant Paul Newsham said: “This gives us a fantastic foothold in London, something we have been looking for since we launched the RfM brand.

“This joint venture means we can tap into the vast amount of expertise in the City, in fact globally.

“We are delighted because it is something special to offer our clients – access to some of the best in the business. And that’s not just in terms of taxation advice, it includes other areas like legal work and also access to funding which maybe isn’t so readily available outside the capital.”

RfM only launched in January last year and has opened branches in the Preston area, the Fylde Coast, Lancaster, Morecambe, Barrow, Ulverston and most recently the South Lakes.

Now, with London, the company is looking outside the region and is aiming to grow even more in other parts of the UK.

The joint venture means that in return for RfM clients being able to tap into a skills oasis in the City, the group can offer accountancy work for Taxxa LLP customers here in Lancashire and Cumbria at ”Northern prices.”

“We’ve been working on this for a while,” said Paul. “Duncan is someone I met in London whose firm have been providing us with some work, mainly audits, because our rates here are more reasonable than down in the City.

“I suggested a joint venture so that we could offer our clients access to professionals in London and, at the same time, he could offer his clients accountancy services at more favourable rates.

“We have been looking to broaden our network for some time now and this seems a perfect fit. Duncan is a founding partner of Taxxa LLP and is one of the best in the business working with some top clients in the UK and internationally.

“The arrangement will hopefully open doors for us nationally and internationally. In the North West there maybe isn’t the same scope as there is in London.”

Taxxa LLP was formed in the City of London in 2012 to serve the needs of a portfolio of internationally mobile private clients in a rapidly developing tax environment.

Since then it has expanded and developed its services into all areas of UK and international taxation, acting for private individuals, corporates, trusts and so on.