Happy Funds, Happier Taxes: Crowdcube & TaxScouts Team Up to Nudge Investors into the Relief Vault
Since the dynamic duo of Crowdcube and TaxScouts rolled out their joint platform in October, more than 1,200 savvy investors have dropped their claims into the tax relief pool, snagging over £500,000 in savings.
Why the EIS Relief Trip Is a Bit Like a Maze
- Whole 30 % income‑tax relief — sounds great, right?
- But the paperwork is sprinkled with jargon that would make a lawyer blush.
- And most investors on PAYE never bother with a Self Assessment, missing out on the rebate.
In fact, Crowdcube research shows that a whopping 68 % of investors with only £5,000 in their portfolios have yet to claim their EIS relief. Millions of pounds are sitting in limbo, ready to be reclaimed.
The Solution: A Seamless, No‑Stress Workflow
Combining Crowdcube’s underground investment wisdom with TaxScouts’ tax‑tech know‑how, the new platform strips away the bureaucratic hurdles. For just a flat fee of £25, investors:
- Upload up to five EIS certificates.
- Answer a handful of simple questions.
- Let TaxScouts handle the forms and submit everything to HMRC.
And it’s not only future claims that get sorted out – you can also chase relief on investments made within the last five years.
Beyond the Numbers: Empowering the Investor Community
Math is one thing, but the real story here is how this partnership gives people back control over their financial futures. “Seeing 1,200 investors reclaim their rightful tax benefits is a powerful validation of our commitment to empower our community,” says Matt Cooper, co‑CEO of Crowdcube. “TaxScouts has been an invaluable partner in simplifying the process and unlocking financial benefits for our investors.”
“The numbers speak for themselves: £500,000 worth of tax relief claims submitted in just three months,” jokes Mal Cowley, CEO of TaxScouts. “It’s a testament to our online solution, showing investors that filing claims can be straightforward and even lucrative.” He adds, “By combining Crowdcube’s reach with TaxScouts’ expertise in simplification, we’re breaking down barriers and ensuring everyone can benefit from the full potential of EIS. This is just the beginning of what we can achieve together.”
Take the Leap – Your Tax Relief Awaits
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