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DeGiro and TaxDown team up to make filing your income tax easier

With the campaign of statement of income already underway, DeGiro, Part of the group flatexDeGirohas joined forces with Tax Down, startup Spanish pioneer in online tax advisory services, to offer a discount plan to almost 250,000 clients that the entity has in Spain and thus help them to carry out this procedure in a precise way and ensuring maximum savings.

Both DeGiro and Tax Down They aim to simplify the personal finances of their clients through a 100% digital, safe, comfortable and flexible user experience. Thanks to this collaboration, DeGiro clients will be able to enjoy the benefits of having the tax experts of the online platform for this income campaign. The agreement allows DeGiro customers get 30% discount on annual plans Tax Down. Tax Down get your customers save as much as possible on your personal income tax through its own algorithm and facilitates the declaration of actions, ETFs e multiple asset classes easily.

DeGiro will thus allow all its clients, current and future, to take advantage of the tax facilities of Tax Downthe first Spanish tool to make the declaration online, recognized as a Social Collaborator of the AEAT (Spanish Tax Administration Agency), which provides taxpayers with the best possible tax scenario thanks to its tax engine based on its own algorithms and its team of experts prosecutors. In addition, investors will have access to an annual subscription plan in which they will be able to solve all their doubts and in which they will receive personalized advice on the calculation of profit and loss of their investments.

Simplified and digital tax support

Jorge Cordeiro, b.usiness manager Iberia for DeGiro, responsible for DeGiro’s strategy and business development in Spain and Portugal, assures: “Our mission at DeGiro is to facilitate retail access to the capital markets, that is, to offer everyone high-quality and fair access to invest. Add the ease of a simplified and digital tax support thanks to this collaboration with Tax Down is an important addition to our growing offer of products and services in Spain. This was something that our clients asked of us and we listened, which is why we continue to remove barriers to make investing accessible to everyone.”

For his part, Borja Muñoz, responsible for alliances and business development at Tax DownAdd: “This year taxpayers are once again faced with a complex income statement. From Tax Down We seek to take advantage of our technology, fully developed in Spain, in order to guarantee maximum savings for users and thus automate and facilitate this process. In today’s world, users seek to put cumbersome processes aside and embrace digital conveniences. Thus, Tax Downlike DEGIRO, is committed to a 100% digital philosophy”.

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Since its arrival in the Spanish market four years ago, Tax Down has managed more than 450 million euros in taxes to its clients, helping them save around 350 euros on average in each declaration and adding more than 50 million euros saved in total to Spanish taxpayers. In the same way, DeGiro has positioned itself to help everyone shape their own financial future and become the best investors they can be with its leading platform, educational resources, focus on cost, and endless possibilities.

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