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Shapla Tax to provide free tax calculator and filing features for Bangladeshi taxpayers


Published : 08 Nov 2022 03:44 PM

Bangladeshi startup, Shapla has recently introduced a new platform, Shapla Tax,

making it Shapla’s second product in the market. This platform will allow citizens to calculate and file their

taxes online. This new B2C platform intends to automate the tedious process of tax filing and returns with ease

and efficiency.

According to the National Board of Revenue (NBR), Bangladesh has a population of 169 million, of which only

6.7 million are taxpayers, making up less than 1% of the population that files their taxes. In a recent

announcement, the government has made it mandatory for online businesses with revenue of more than BDT

2,00,000 to submit taxes and enforced rules on submitting zero tax returns for freelancers. Shapla Tax enters

the market to automate and assist individual taxpayers in navigating through the complex manual process of

submitting taxes.

Tax calculations for individual taxpayers have always been manual and in many cases, complex. With this new

feature introduced and already being used by a number of users to the fiscal year 2021-2022, Shapla is making

taxpayers’ lives easier by using a free tax calculator and automating the entire process via an online portal.

"Currently Bangladeshi taxpayers are paying around BDT 3500 to 5000 to file their taxes with tax accountants

or lawyers following an extremely manual process that often requires a lot of time and effort” added Tasnim

Mortoza, co-founder, and CEO of Shapla. “Shapla is offering to complete this process for BDT 2000 per file

after having it reviewed by tax lawyers thereby making the entire process simpler for taxpayers. Shapla wants

to help build Digital Bangladesh by helping create awareness for tax filing, making it easy to calculate individual

taxes and file them.” One of their users, Hussain M Elius (Co-founder, Pathao) says, “I hate calculating taxes,

good thing I didn’t have to this year, Shapla did it for me this year.

Another of their user Afnan Ibne Hashem (Assistant Manager, Online Payments, bKash Ltd) said “My tax filing

is done already. All thanks to Shapla for which I have been doing my taxes with ease for the past 4 years. "Why

don't they teach how to prepare taxes in school?" well Shapla made it simple and transparent. Loved the

service.”

Shapla first launched in 2021 as a B2B solution providing leave management, asset management, payroll

solution, and other HR modules for over 50+ businesses. They have helped many businesses stop money

leakage and create transparency throughout their organizations, making relationships between the company

and employees easier.