Specialist tax consultancy, Catax, has opened a new office in Manchester after a year of rapid growth that saw staff numbers increase by two thirds.
The Manchester firm outgrew its previous base in just 10 months after its team soared from 54 in 2017 to 90 in 2018 due to an expanding client base and the acquisition of R&D tax credit consultancy Fast Track.
With a varied portfolio of 14,000 clients nationwide, Catax’s turnover rose by nearly 20 per cent from £7.4m in 2016/17 to £8.7m in 2017/18.
The new office named Catax House in Scott Drive, Altrincham was officially unveiled by Sir Graham Brady, MP for Altrincham and Sale West, on Friday (Nov 9).
The new larger headquarters will support the firm’s plan to treble in size by 2021 and the move comes just one month after Catax launched a new Scottish HQ in Glasgow to target Scottish firms that it said were “chronically underserved” in realising the value of their innovations.
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