Revolut digitizes tax management in spain with taxdown partnership

Revolut, the digital banking app with over 6 million users in Spain, has taken a major step in simplifying tax compliance for its customers by integrating TaxDown's services. This strategic partnership enables users to handle administrative tasks and prepare their annual income tax returns directly through Revolut's app.

Optimizing savings and compliance

By leveraging TaxDown's platform, Revolut's customers can reduce their tax bills by an average of €400 per declaration. The integration is designed as a permanent benefit for Revolut's payment plan users, providing access to varying levels of technical assistance from TaxDown, depending on the subscription tier.

Revolut's Ultra plan offers the full range of assistance, while the Metal plan includes live support. Premium users can access TaxDown's Pro version. Even Revolut's free users are eligible for a 40% discount on any TaxDown assistance category until June 30.

Driving adoption with promotions

To encourage early adoption of these digital tools before the June 30 tax return deadline, Revolut is offering a special promotion. New customers who open an account by June 30 will receive TaxDown Pro, a €75 value, for free. This benefit is accessed through a link provided by TaxDown, after which the corresponding subscription is paid for via Revolut's card.

As the fourth largest bank in Spain by user base and an official collaborator of the Spanish Tax Agency, Revolut's focus on centralizing mobile financial life through strategic partnerships like this underscores the growing importance of digital fiscal management.