A multiplatform tax app for self-employed workers that calculates a live tax bill in real-time is representing Wales in the semi-finals of a start-up competition run by Virgin Media Business. TAXO’D is one of 11 semi-finalists hoping to win the opportunity to pitch to Sir Richard Branson through Virgin Media Business’ #Voom: Pitch to Rich competition.

As well as calculating real-time tax bills, TAXO’D also automatically files the user’s annual tax return from within the app without having to use the HMRC website.

#Voom: Pitch to Rich 2015 is a nationwide competition run by Virgin Media Business to discover the country’s most exciting and innovative businesses. Virgin Media Business is offering a £1 million business accelerator prize fund to support three winning businesses from three different categories — whether it’s just an idea, a promising start­up or a company with huge growth potential.

SOURCE: www.freshbusinessthinking.com