Taxumo is an online tax filing platform that automates the generation and submission of tax forms for freelancers, self-employed professionals, and small businesses in the Philippines. By providing real-time tax calculations and multiple payment options, it simplifies the tax compliance process, allowing users to file and pay their taxes conveniently from any location.
Funding
$500K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Freelancers, self-employed professionals, and small businesses in the Philippines face a complex and time-consuming tax compliance process. Traditional methods of tax filing often involve manual form preparation, complex calculations, and physical submission, leading to potential errors and wasted time. Keeping up with changing tax regulations and deadlines adds further burden to these individuals and businesses.
Solution
Taxumo is an accredited online tax filing platform designed to streamline and automate tax compliance for freelancers, self-employed professionals, and small businesses in the Philippines. The platform simplifies the entire tax filing process, from calculating tax dues in real-time to generating and submitting the necessary tax forms. Taxumo offers multiple payment channels, including PayPal and GCash, enabling users to conveniently pay their taxes online, from anywhere, at any time. By automating attachment creation and providing access to a comprehensive knowledge base, Taxumo empowers users to manage their taxes efficiently and accurately.
Target Audience
Taxumo primarily targets freelancers, self-employed professionals, and small business owners in the Philippines who seek a simplified and efficient solution for tax compliance.
Features
- Automated tax form generation, eliminating manual form filling
- Real-time tax calculation, providing up-to-date tax dues
- Multiple payment channels, including PayPal, GCash, and online banking
- Automatic creation of attachments such as SAWT, QAP, and SLSP
- Deadline tracking and reminders to ensure timely filing
- Penalty calculation for late filings
- Secure storage of filed forms and payment confirmations
- Mobile-friendly web app for access on smartphones and tablets
- Subscription plans tailored for self-employed individuals, corporations, and businesses on "timeout"
- Integration with partner loan providers for streamlined business loan applications