Mazars’ UK fee income has grown by 7%, increasing from £149 million to £160 million overall. This is the fifth successive year of growth, and an increase in income of nearly 40% since 2012. The results come as part of the firm’s published UK consolidated financial statements for the year ended 31 August 2016.
Growth in all the firm’s service lines was strong, particularly in Tax and Financial Planning (+11.3 %) and Financial Advisory, Accounting and Outsourcing (+ 6.6 %). Assurance and Internal Audit saw growth of 5.3 % with Consulting and Actuarial yielding 5.2 % growth.
Mike Bailey, partner in Mazars’ Sutton office, commented: “I am proud that we have achieved such consistent growth across the region and UK-wide with increases in turnover and profit. Our growth has been sustainable and provides an excellent foundation for the next four years”.
UK Senior Partner, Phil Verity, added: “Looking ahead, we will continue to invest in our business to achieve further long-term sustainable growth. Our people are critical to this and we remain committed to nurturing and developing talent to deliver trust, create value and offer exceptional service to our clients.”