The Franchise Accounting Specialists

03/06/2026

One of the great things about a franchise is that your business model is all worked out for you, which ideally positions you for building a successful business.

Our team at The Franchise Accounting Specialists are here to guide you through all of the necessary financial compliance, and take care of all your financial management.

We've put together a fully rounded Franchisee package that includes:

✅ Full accounting and tax services
✅ Decision making support, providing you with a business partner who'll review your figures with you on a quarterly/monthly basis, and more

Plus, add-on services...

✅ Self-Assessment Tax Return
✅ Bookkeeping and VAT
✅ Payroll

To find out more about our Franchisee package, and talk through your specific needs, give us a call and let's discuss how we can support you: https://franchiseaccountingspecialists.co.uk/franchisees

02/06/2026

'URGENT ACTION' NEEDED TO BOOST CAREER OPPORTUNITIES FOR YOUNG PEOPLE

A new report has warned that one in six young people will not be in education, employment or training within five years if 'urgent action' is not taken.

Dubbed the Milburn Report after its author, Alan Milburn, the report warned that the UK's education, health and welfare systems are 'no longer fit for purpose' in regard to preparing young people for adulthood.

Experts have stressed concerns about the growing number of young people not in employment. Data from the Office for National Statistics (ONS) shows that the unemployment rate for 16-24-year-olds is currently 16.2%, which represents the highest figure since 2014.

Responding to the review, Shevaun Haviland, Director General of the British Chambers of Commerce (BCC), said: 'The Milburn report must be a wakeup call for policymakers about the crisis of young people not in employment, education and training.

'Unless urgent comprehensive action is taken a whole generation is at risk of being cut loose from society, and economic growth will be hampered.

'[The] report accurately diagnoses the problem, with suggested solutions to come later in the year.'

28/05/2026

As a franchise business owner, you have a legal requirement to ensure ‘accounting’ for your business happens.

It's through accounting and reporting that the government agency, HMRC, then collects taxes. HMRC allow some things as ‘business expenses’, but sadly this is an ever-shrinking allowance.

Unless you're helped and advised correctly, you could find yourself in very unpleasant circumstances where a large and unexpected ‘debt’ is demanded by HMRC.

Our experience of working with franchise businesses shows us that, incredibly, this happens far too often, and many thousands of franchisees are ill-advised and find themselves with large and unexpected HMRC tax bills!

Our mission is to help you avoid that scenario.

In our eBook 'Why Every Accountant is NOT the Same – and Why That Matters for Your Business', we look at your current options in the marketplace, and shine some light on how the right kind of specialist accountant can be a huge asset to your franchise business.

Click here to download your copy today: https://franchiseaccountingspecialists.co.uk/ebook-page

27/05/2026

As franchise business owners it’s imperative that you look at your accounts, and your accountant for that matter, in a more ambitious light.

But how do accountants demonstrate their value?

Only by open lines of communication. They’re here to encourage you, but as a business owner, it’s critical that you’re honest and specific.

Sit down with your accountant and draw up your expectations of each other. Remember, most accountants love a list!

And, what should be on that list?

In part two of our current blog series, we're walking you through what to expect from your accountant to ensure you're getting the level of service you need for your franchise business.

You can read the blog here: https://franchiseaccountingspecialists.co.uk/post/what-to-expect-from-your-accountant-part-2

Isn’t it strange that accountants get tagged with so many derogatory terms: number cruncher, dull...

21/05/2026

At the Franchise Accounting Specialists we aspire to be different from typical accountants both in our interactions with our clients and our impact on the wider world.

As part of our commitment to this, we have six core values.

Our second value is: ETHICAL

We always have and always will be, fair, legal, and honest in our business practices while helping all our clients achieve their goals.

To find out more about our vision, mission, and values, and the services we offer, visit our website: https://franchiseaccountingspecialists.co.uk/

20/05/2026

Providing the highest level of service possible to our franchise business clients is our number one priority at FAS.

We really do love and enjoy our work, and when we receive feedback like this from our clients...

"𝙄 𝙛𝙞𝙣𝙙 𝙩𝙝𝙚 𝙨𝙚𝙧𝙫𝙞𝙘𝙚 ‘t𝙚𝙘𝙝-𝙙𝙧𝙞𝙫𝙚𝙣’ 𝙬𝙝𝙞𝙘𝙝 𝙄 𝙥𝙚𝙧𝙨𝙤𝙣𝙖𝙡𝙡𝙮 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 𝙩𝙝𝙚 𝙨𝙤𝙛𝙩𝙬𝙖𝙧𝙚 𝙥𝙧𝙤𝙫𝙞𝙨𝙞𝙤𝙣 𝙖𝙣𝙙 𝙖𝙙𝙫𝙞𝙘𝙚 𝙞𝙨 𝙖𝙡𝙬𝙖𝙮𝙨 𝙩𝙝𝙚 𝙡𝙖𝙩𝙚𝙨𝙩 ‘u𝙥 𝙩𝙤 𝙙𝙖𝙩𝙚’ 𝙣𝙤𝙩 𝙖𝙣 𝙤𝙡𝙙𝙚𝙧 𝙫𝙚𝙧𝙨𝙞𝙤𝙣 - 𝙚𝙭𝙘𝙚𝙡𝙡𝙚𝙣𝙩!”
..it means so much to all of the team.

If you're a franchise business owner, would you like to know more about the first-class accounting services we provide?

Head over to our website and take a look, then give us a call – we'd love to hear from you and discuss how we can support you: https://franchiseaccountingspecialists.co.uk/services

14/05/2026

Most accountants will say they have a proactive nature, but what does that look like for your franchise?

It might mean stemming the flow of your business costing you more than you’re making.

It could mean tidying up and helping you make sense of your cashflow before it gets on top of you.

But there’s so much more to it than just a basic service of P&L and Balance Sheets. Your accountant is capable of doing more.

In part two of our our current blog series, we're walking you through what to expect from your accountant to ensure you're getting the level of service you need for your franchise business: https://franchiseaccountingspecialists.co.uk/post/what-to-expect-from-your-accountant-part-2

Isn’t it strange that accountants get tagged with so many derogatory terms: number cruncher, dull...

12/05/2026

MAKING TAX DIGITAL FOR INCOME TAX IS NOW LIVE

Making Tax Digital (MTD) for Income Tax is now live – most self-employed individuals and landlords with turnover above £50,000 in 2024/25 were mandated into the regime from 6 April 2026.

Under MTD for Income Tax, individuals will keep digital records and send updates to HMRC every quarter using compatible software. This will require in-year record keeping, rather than everything being dealt with after the year ends. For those already mandated, the deadline for the first quarterly update in 2026/27 is 7 August 2026.

While MTD is currently optional for many taxpayers, the next cohort of individuals will be mandated soon. If your qualifying income (turnover before expenses are deducted) from self employment and/or property was over £30,000 in the 2025/26 tax year, you will be required to follow MTD for Income Tax from 6 April 2027.

This change does not mean paying tax four times a year, but it does mean reporting more regularly. With time to prepare, choosing the right software and understanding what’s required can make the transition smoother and help you stay in control of your tax affairs.

Please talk to us if you think you’re likely to be mandated from April 2027 – we’d be happy to help: https://franchiseaccountingspecialists.co.uk/contact

06/05/2026

If you're looking for a team of reliable, approachable and proactive accountants who not only respond to your needs, but also work alongside you to help you succeed, look no further!

Franchise businesses need the support of professionals who really understand their unique challenges and provide on-time, effective solutions to help your business move forward.

That's where our team at The Franchise Accounting Specialists come in!

Have a look at the services packages we offer: https://franchiseaccountingspecialists.co.uk/services

And get in touch today – we're committed to help you grow.

05/05/2026

💷 When you buy into a franchise it's important to realise you're not just following a system – you're running a business, and that means it's vital to get business fundamentals in place from the get-go.

Before you commit, take this free quiz we've put together. It's designed to help you assess just how ready you are to start running a franchise business.

🔗 You can take the quiz here: https://franchiseaccountingspecialists.co.uk/new-to-franchising

Specialist accounting for franchise businesses at every stage of the journey.A tailored approach from a team who understand your needs.