Scottish firm Johnston Carmichael has announced fee income growth of 24% to more than £15m for the year to 31 May 2005.

Business advice, tax, financial services and corporate finance performed particularly strongly.

The firm also revealed that it has grown by 89% since launching an expansion drive four years ago to transform itself from a regional to a national firm. In the past year it has made acquisitions in Inverness and Perth, opened new offices in Glasgow and Forfar and seen growth in the Edinburgh office.

Ranked =25th in Accountancy's new Top 60 survey, the firm now has 34 partners and 320 staff in 11 offices, and is planning further growth.