TaxScouts raises £300,000 to build out its product in the UK

Jul 9, 2018 · uktech.news

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TaxScouts, a company looking to make tax preparation easier, has raised £300,000 to build out its product in the UK.

Angel investors include Charlie Delingpole, co-founder of ComplyAdvantage and MarketInvoice; Charlie Songhurst, former GM corporate strategy at Microsoft; and Picus Capital, an early-stage technology investment firm.

TaxScouts was founded by Mart Abramov, (previously Skype and one of the early employees of TransferWise), Dan Karger (previously MarketInvoice), and Kaupo Kõrv (award-winning designer with major works for TransferWise and Toggl).

Mart Abramov, co-founder and CEO of TaxScouts, commented: "Doing your taxes is not something that people enjoy. It is either tedious or expensive, and sometimes it’s both. We want to change that. TaxScouts is set out to automate as many of the menial tasks to accountants around tax preparation as possible. This frees time for them to do what they do best –help with advice and expertise."

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