About TaxScouts

TaxScouts is an online tax preparation platform that connects users with accredited accountants to efficiently file Self Assessment tax returns within 48 hours. The service simplifies the tax filing process for self-employed individuals, landlords, and high earners by providing a fixed fee of £169, ensuring transparency and eliminating hidden costs.

<problem> Filing Self Assessment tax returns can be a complex and time-consuming process, especially for self-employed individuals, landlords, and those with multiple income streams. Many individuals lack the expertise to navigate tax regulations effectively, potentially leading to errors, missed deductions, and penalties. </problem> <solution> TaxScouts offers an online tax preparation service that connects users with accredited accountants to simplify and expedite the filing of Self Assessment tax returns. The platform automates administrative tasks, such as data collection and document uploads, allowing accountants to focus on providing expert advice and preparing accurate returns. Users benefit from a streamlined, user-friendly experience and access to professional support, ensuring compliance and maximizing potential tax savings. TaxScouts aims to eliminate the stress and complexity associated with tax filing by providing a transparent, fixed-fee service with quick turnaround times. </solution> <features> - Online platform for completing and submitting Self Assessment tax returns - Matching with a UK-based, accredited accountant best suited to the user's tax situation - Secure document upload and data collection - Automated expense and income data aggregation from various sources - Professional review to identify eligible expenses and tax reliefs - Full tax bill calculation and filing with HMRC - Support via platform messaging or email - Optional bookkeeping tools for self-employed businesses, including invoice creation and expense tracking </features> <target_audience> TaxScouts primarily targets self-employed individuals, freelancers, landlords, high earners, and first-time filers who require assistance with their Self Assessment tax returns. </target_audience> <revenue_model> TaxScouts charges a one-off, flat fee of £169 per tax return, inclusive of VAT, with no hidden costs or monthly fees. Additional services, such as tax advice consultations, are offered at separate fixed fees. </revenue_model>

What does TaxScouts do?

Where is TaxScouts located?

TaxScouts is based in London, United Kingdom.

When was TaxScouts founded?

TaxScouts was founded in 2017.

How much funding has TaxScouts raised?

TaxScouts has raised 15540000.

Location

London, United Kingdom

Founded

2017

Funding

15540000

Employees

52 employees

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TaxScouts

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Executive Summary

taxscouts.com 2K+

Crunchbase

Founded 2017 – London, United Kingdom

Funding

Estimated Funding

$10M+

Team (50+)

No team information available.

Company Description

Problem

Filing Self Assessment tax returns can be a complex and time-consuming process, especially for self-employed individuals, landlords, and those with multiple income streams. Many individuals lack the expertise to navigate tax regulations effectively, potentially leading to errors, missed deductions, and penalties.

Solution

TaxScouts offers an online tax preparation service that connects users with accredited accountants to simplify and expedite the filing of Self Assessment tax returns. The platform automates administrative tasks, such as data collection and document uploads, allowing accountants to focus on providing expert advice and preparing accurate returns. Users benefit from a streamlined, user-friendly experience and access to professional support, ensuring compliance and maximizing potential tax savings. TaxScouts aims to eliminate the stress and complexity associated with tax filing by providing a transparent, fixed-fee service with quick turnaround times.

Features

Online platform for completing and submitting Self Assessment tax returns

Matching with a UK-based, accredited accountant best suited to the user's tax situation

Secure document upload and data collection

Automated expense and income data aggregation from various sources

Professional review to identify eligible expenses and tax reliefs

Full tax bill calculation and filing with HMRC

Support via platform messaging or email

Optional bookkeeping tools for self-employed businesses, including invoice creation and expense tracking

Target Audience

TaxScouts primarily targets self-employed individuals, freelancers, landlords, high earners, and first-time filers who require assistance with their Self Assessment tax returns.

Revenue Model

TaxScouts charges a one-off, flat fee of £169 per tax return, inclusive of VAT, with no hidden costs or monthly fees. Additional services, such as tax advice consultations, are offered at separate fixed fees.