Who is TaxScouts?
TaxScouts is a UK-based financial technology company that simplifies the tax return process by offering a fast, affordable, and fully online service. Established in London in 2017, the company has since expanded with a team of over 40 professionals across the UK, Spain, and Estonia.
The core offering of TaxScouts is its Self Assessment tax return service, which connects users with accredited accountants to handle their tax filing. This service is designed to eliminate the stress and confusion of tax season, ensuring that individuals and businesses can file their taxes accurately and efficiently.
With a transparent flat fee of £169, TaxScouts provides an accessible and reliable solution for those needing to submit a Self Assessment tax return to HMRC.
In 2024, TaxScouts was acquired by Taxfix, a Berlin-based European tax technology leader. This acquisition positions TaxScouts for further growth and technological innovation, leveraging Taxfix’s expertise in digital finance to enhance its services in the UK and beyond.
Who Founded TaxScouts?
TaxScouts was co-founded by three professionals with extensive backgrounds in technology and finance:
- Malcolm – Chief Executive Officer (CEO)
- Kaupo – Co-founder and Chief Product Officer (CPO)
- Dan – Co-founder and Chief Technology Officer (CTO)
Their combined experience has been instrumental in developing TaxScouts into a highly efficient, technology-driven tax service that prioritizes user experience, transparency, and compliance with UK tax regulations.
What is the Business Structure and Registration Information?
TaxScouts operates under the corporate entity Positron Technologies Ltd, which is officially registered in the UK.
- Company Name: Positron Technologies Ltd
- Company Number: 10934812
- Registered Address: 71-75 Shelton Street, London, WC2H 9JQ
- Office Address: 133 Whitechapel High Street, London, E1 7QA
The company adheres to UK business regulations and maintains a professional approach to financial services, ensuring trust and security for its customers.
How Does TaxScouts Work?
TaxScouts streamlines the tax return process into three simple steps, making it accessible even for those unfamiliar with tax requirements.
Step 1: Answer a Few Questions
Users begin by answering a short series of online questions about their income and tax situation. The process takes only a few minutes, ensuring a quick and hassle-free experience.
Step 2: Get Paired with an Accredited Accountant
After submitting their information, users are matched with a UK-based, accredited accountant who specializes in their type of tax return. This professional prepares the tax return and remains available for any questions throughout the process.
Step 3: Tax Filing Done for You
Once the user reviews and approves their tax return, the accountant files it directly with HMRC. This ensures accuracy and compliance while saving time for the user.
This entire process can be completed in as little as 48 hours, making it one of the fastest and most efficient tax return services available in the UK.
Who Can Use TaxScouts?
TaxScouts is designed to serve a wide range of individuals and businesses that need to file a Self Assessment tax return. The service is ideal for:
- First-time filers: Individuals filing a tax return for the first time and unsure about the process.
- Self-employed professionals: Freelancers, contractors, and sole traders.
- Investors: Individuals dealing with investments in property, foreign exchange, cryptocurrency, and other assets.
- Construction workers (CIS scheme): Subcontractors required to file tax returns under the Construction Industry Scheme.
- High earners (£150,000+ income): Individuals with complex income streams and additional tax considerations.
- Landlords: Including those renting out properties and Airbnb hosts.
- Expats: UK citizens living abroad who need to comply with UK tax regulations.
- Gig economy workers: Couriers, delivery riders, and private hire drivers working with platforms such as Uber and Deliveroo.
This broad eligibility ensures that TaxScouts can cater to a diverse range of tax needs, making it an inclusive solution for UK taxpayers.
How Much Does TaxScouts Charge?
TaxScouts offers a straightforward flat fee of £169 per tax return, with no hidden charges.
- No monthly subscriptions or recurring fees
- Fixed pricing, regardless of the complexity of the return
- VAT included in the price
- Full access to professional accountant support
This transparent pricing model allows users to manage their tax expenses efficiently, without unexpected costs.
What Services Are Included?
Every TaxScouts customer benefits from a comprehensive tax return service, which includes:
- A UK-based accredited accountant assigned to their tax case
- Identification of tax reliefs and deductions to maximize savings
- Full tax calculation for review and approval before submission
- Submission of the tax return to HMRC on behalf of the user
- Tax-saving guidance to help optimize future returns
- Support for past and current tax year filings
- Quick and accurate crypto tax reporting for those with digital assets
This all-in-one service ensures that customers receive professional tax assistance without the hassle of navigating the process alone.
What is the Impact of the Taxfix Acquisition?
In 2024, TaxScouts became part of Taxfix, a European tax technology company headquartered in Berlin. Founded in 2016, Taxfix has grown to a team of over 400 professionals and has expanded its presence across multiple European markets.
Taxfix’s acquisition of TaxScouts is set to enhance the platform’s capabilities, bringing new technologies and resources to improve the user experience. By leveraging Taxfix’s expertise in digital finance, TaxScouts aims to further streamline tax filing and expand its services across the UK and beyond.
How to Contact TaxScouts?
For inquiries and support, TaxScouts can be reached through the following contact details:
Office Address: 133 Whitechapel High Street, London, E1 7QA
Email Contacts:
- Customer Support & Tax Questions: support@taxscouts.com
- Media Inquiries: media@taxscouts.com
- General Inquiries: info@taxscouts.com
Website: www.taxscouts.com
Why Choose TaxScouts?
TaxScouts is an ideal choice for individuals and businesses looking for a stress-free and affordable tax return service. Key benefits include:
- Fast and simple process: Fully online with minimal paperwork.
- Fixed pricing: No hidden fees, just a one-off cost of £169.
- Expert support: Professional accountants handle everything.
- Compliance with HMRC: Ensures accuracy and timely submission.
- Time-saving solution: Eliminates the complexity of Self Assessment tax returns.
For those seeking a hassle-free tax filing experience, TaxScouts provides a trusted and cost-effective solution tailored to UK taxpayers.
