South African-born digital tax assistant TaxTim began its African expansion this week, working together with audit, tax and advisory firm PwC to enter Namibia.
Since raising seed funding from Google in 2011, TaxTim has helped over 1.3 million South Africans make tax simple and stress-free. Having integrated with SARS eFiling in 2014, TaxTim is now expanding beyond South African borders to assist Africans further up the continent with its innovative tax technology. Launched this week in Namibia, PwC’s TaxTim is backed by 15 tax professionals at PwC’s Windhoek office and contains all the knowledge and tax legislation required to output compliant tax returns for Namibia Inland Revenue.
“PwC’s TaxTim combines great technology with PwC Namibia’s 40 years of tax consulting experience. We are excited to offer PwC’s TaxTim to our existing corporate clients and provide this innovative service to help their employees with their tax returns. We also expect to build new professional relationships directly with the public in a way that has never before been possible. Working with the TaxTim team has been a pleasure and we look forward to a continued relationship with them.” says Stefan Hugo, Tax Partner at PwC Namibia.
“Working with PwC provides immense credibility for our brand entering this new territory. We couldn’t be more pleased to announce the result of our collaboration. Working with the dedicated team in Namibia and being able to help so many more people with making tax easy is a definite highlight of my professional career.” says TaxTim CFO Marc Sevitz.
“We designed TaxTim from the ground up to be country-agnostic, so customising the platform with tax rules and branding for Namibia was straightforward and relatively quick. Our server runs on Amazon’s elastic compute cloud, so can scale to meet even the heaviest taxpayer traffic, including the annual rush for last minute submissions.” says TaxTim CTO Evan Robinson.
Although the market of individual taxpayers in Namibia (approximately 500,000) is smaller than South Africa’s 6.5 million, Namibia will prove to be a valuable testing ground for evaluating TaxTim’s partner-led expansion plans up Africa and into the developing world. PwC’s TaxTim is available now at pwc.taxtim.com with tax return completion services starting at N$370 per tax return.