Innovative tax return system expands to Namibia with PwC
Since raising seed funding from Google in 2011, TaxTim has helped over 1.3 million South Africans make tax simple and stress-free.
"PwC's TaxTim combines great technology with PwC Namibia's 40 years of tax consulting experience. We are excited to offer it 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 credibility for our brand entering this new territory. 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 computer cloud, so can scale to meet even the heaviest taxpayer traffic, including the annual rush for last minute submissions," adds 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 the partner-led expansion plans up Africa and into the developing world. For more information, go to pwc.taxtim.com. Namibian tax return completion services start at N$370 per tax return.