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TaxAssist has announced franchisee Kully Sahota as the new owner of its Stourbridge office.
Melvyn Shephard has sold his franchise to fellow franchisee Sahota, after 14 years as a TaxAssist accountant at the firm.
Sahota joined TaxAssist Accountants in 2015 and had intended to expand his business both by organic growth and by acquisition.
He said: “I currently operate from five locations in and around Birmingham and when I learnt that Melvyn’s practice was for sale, I decided it was a great opportunity to expand and take my business to the next level.
“I am looking forward to working with existing staff to grow the practice further, which includes plans to open a new shop in Hagley. This is currently being fitted out, and will offer more scope in terms of visibility and size.”
Shephard added: “I’ve hugely enjoyed running my own practice, but the time has come to pass on the reins and retire. I’m going to continue working in the practice for a short time during a handover period, but Kully is a very experienced accountant and my clients will be in excellent hands going forward.
“My thanks go to the TaxAssist Support Centre team for their help and guidance over the years, without whom I doubt I would have built such a successful practice.”
