This follows investment in a new office set-up in Worcestershire, which represented a £100,000 relocation.

Haines Watts, which supports hundreds of owner-managed businesses across the region, has set out ambitious expansion plans to increase fees by £15m by 2026 through a combination of organic growth and a series of acquisitions.

The firm is currently ranked 13th in the Accountancy Daily Top 75 Firms league table and reported fee income of £106.4m for year end 31 March 2020.

The firm is strengthening its team of experts in corporate finance, tax, VAT and R&D tax claims as part of its commitment to deliver business-critical services to companies looking to make the most of new opportunities post-Covid.