The accounting software provider has seen pre-tax profits increase 17% to £86.7m for the half-year ended 31 March, from £74.3m a year ago.
It has added 146,000 new customers in the six-month period, in addition to the 903,000 gained from its acquired businesses, including Spanish Software company Grupo SP and Oregon-based Timberline.
Chairman Michael Jackson said: ‘[These results] demonstrate the value of our key asset, our large and growing customer base of over four million SMEs, to which we are successfully selling our extensive range of products.’
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia