websters has always had a strong ethos of employee empowerment and development. We believe this approach benefits the people that the company employs but also benefits clients since we are able to recruit and retain a higher calibre of professional to deal with their affairs.

In 2018 the decision was made that the future of the business would be as an Employee Owned business – the so-called “John Lewis model”. On 26 March 2018 an Employee Trust was created owning 14% of the share in the business in Trust for all the people employed in the Group. The remaining shares are owned by individuals working in the company and over time the Trust will increase its ownership by acquiring shares from older employees until it owns the majority of shares. We are now beginning to call the people in the team “members” to demonstrate the change in status.

We believe that we are the largest UK accounting firm which is Employee Owned and we are members of the Employee Ownership Association. Unlike most firms of accountants we have never been a partnership. So for many years the firm has been owned by the people working in it – and now this includes everyone in the team.

If you are the owner of an accountancy business and are looking to retire or merge with an ethical firm then we would be very interested to have a conversation with you to see if you could join us. Please contact our Chief Executive, Andrew Webster in confidence if you want a discussion about this andrew@tax.uk.com