South African based fintech startup, TaxTim has expanded into Nigeria through a partnership with PwC. This is the second country outside South Africa after Namibia which was launched in June 2015.
Founded in 2011 by Marc Sevitz and Evan Robinson with initial seed funding from Google, TaxTim offer virtual tax assistance to its clients, providing a step-by-step guidance through a chat-based platform.
In March 2016 TaxTim secured investment from Exponential, the innovation unit of JSE-listed company, MMI Holdings
With regard to the partnership with TaxTim, PwC Nigeria said in a statement, “This is a subscription-based, fully automated web application/chatbot. The logic is developed by tax professionals. Personal data is kept in a secure server with no third-party access. The application helps you prepare your personal tax computations and completes your tax returns.
By answering simple questions that do not require any tax knowledge, Tim will convert your answers into a fully completed tax return, which you can then submit to the relevant Internal Revenue Services. The entire process can be completed within 20 minutes.”
The company claims that TaxTim’s award-winning simple and intuitive interface has helped over 7 million South Africans with their taxes to date
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