We fundamentally believe everyone should be able to do their own tax return. That’s why, seven years ago, we set out to build the best tax software in Canada. Well, we think we’ve done it: we made doing your taxes friendly, fast, and fun.
But, we’re not done yet. While filing your tax return is a blast, your taxes are just one part of your bigger financial picture. That’s why we’re thrilled to announce we’ve joined Wealthsimple.
If you’re not already familiar with Wealthsimple, they’re on a mission to help everyone achieve financial freedom. They make simple, sophisticated, and affordable financial products available to everyone.
Sound familiar? We think so.
You probably have a lot of great questions. So, here goes:
Who is Wealthsimple?
Wealthsimple is a financial company on a mission to help everyone achieve financial freedom. They do that by making simple, sophisticated, and affordable financial products—like a high interest savings account, low cost investment solution and commission-free trading platform—available to everyone.
Who is SimpleTax?
Will I need to find new, inferior tax software?
Don’t worry, we’re not going anywhere! We’re hard at work on our 2019 version.
Can I still pay what I want this year?
Yes. SimpleTax will still be pay what you want.
How will I access my SimpleTax account?
The same way as always. Log in to your SimpleTax account using your email address and password.
Ok, but I also have a Wealthsimple account. What about that?
They will be two separate accounts, for now.
Will my data still carry forward from previous tax years?
Who will have access to my data?
You are still the only person who can access your account. Wealthsimple will not have access to your tax return data without your explicit consent.
Where will my data be stored?
Your data will continue to reside in Canada.
What's happening to the SimpleTax team?
We’re still here.
Is Wealthsimple Canadian?
Wealthsimple is a Canadian company. They’re headquartered in Toronto.
What does "joining Wealthsimple" mean?
Wealthsimple acquired 100% of the shares of SimpleTax. In other words, we are now wholly owned by Wealthsimple.
I already use Wealthsimple! Does this mean I'll be able to import my trading summaries, adjusted cost base information, and RRSP information?
Eventually! We’ve got big plans.
This hopefully answers your questions. If there’s anything we missed, or if you just want to say hello, send us an email. As always, we’re here to help.
Your friends at SimpleTax
Alex, Allison, Caroline, Clint, Fumie, Jonathan, Kelly, and Nik