TaxDown

TaxDown is a Spanish startup founded in 2019 in Madrid that has digitised and simplified tax filing for Spanish taxpayers. In Spain, as in many European countries, tax returns are perceived as a complex and anxiety-inducing process — TaxDown transforms this into a guided, accessible experience through an app that asks the right questions, understands the user's tax situation, and automatically compiles an optimised tax return, maximising deductions and reducing the risk of errors. The model is freemium: simple tax cases are free, while more complex situations (investment income, property, self-employment) access a premium service with expert tax advisor support via chat. The platform has reached hundreds of thousands of users in Spain and established itself as the primary digital alternative to the traditional tax accountant for taxpayers with medium-complexity fiscal needs. TaxDown has attracted relevant investors — including Encomenda Smart Capital and other Spanish and international funds — and operates in an expanding market: the digitalisation of tax is accelerating across Europe, with tax authorities pushing toward pre-filling and online filing, creating opportunities for platforms that simplify the end-user experience.