Funding boosts rapid growth for GoSimpleTax

This will affect self-employed sole traders, landlords and others who currently report taxable income of more than \xa310,000 a year via Self-Assessment (thought to number about 4.2m people). The first tranche of taxpayers will have to submit their returns using third party software up to 4-5 times per year in real time rather than annually in arrears.Established in 2013, the team at GoSimpleTax has over 100 years combined experience in the accounting industry and launched the business to create a Self-Assessment solution for individuals to submit their tax return to HMRC without the need for an accountant. The cloud based software uses artificial intelligence designed to offer prompts to help businesses to calculate the correct tax, whilst ensuring that no allowances or savings are missed. The investment funding from NPIF FW Capital Debt Finance is helping us to strengthen our team with nine new jobs, and facilitate our future growth strategy.Andy Traynor, Investment Executive at FW Capital, said: GoSimpleTax is experiencing explosive growth and has established an award winning software solution that removes the stress and burden of filling out and submitting your tax return. We are proud to be working with FW Capital to champion businesses like GoSimpleTax, to assist with the continued growth and innovation in the region, and its fantastic to see the tangible difference the Fund has made.