Startup of the Week - TaxScouts

by Startacus Admin
Tax returns made easy thanks to TaxScouts, the FinTech startup which is shaking up how personal taxes are done in the UK....Ever had to complete a self-assessment tax return? If you have, chances are you’ve put the task off as long as you could and have ended up submitting it at the very last minute or, worse still submitted it late and been hit with fixed penalty as a result. It can be pretty understandable why this is the case. After all, filing a tax return can be time consuming, confusing and of course dull! That however need no longer be the case thanks to our latest startup of the week.
TaxScouts is a FinTech startup which is shaking up how personal taxes are done in the UK.
To use the service, you simply initially answer a few questions from the ‘taxbot” on the TaxScouts site. This will then determine which documents are required for your particular tax return - invoices or receipts etc. You can upload the relevant documents or if easier, just take a photo on your phone. All the relevant info is collated digitally and then an accountant is assigned to you and they set about preparing your tax return and sending it to you to review. Once you approve it, it can be submitted. Job done for another year!
And the fee for this service?
You’ll pay £119 inc. VAT, irrespective of what type of tax return has to be submitted. A pretty small fee when you consider how much easier the entire process is.
In essence, TaxScouts is a digital tax advisor.
It works by combining an automated service with a team of accountants and fittingly describes itself as “half robot, half human”!
We love what TaxScouts have created here and we reckon that anyone who has ever had to complete a self-assessment tax return will no doubt agree!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 24th April 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.