Velotax

What is Velotax?

Velotax is a dynamic tax management app designed to simplify tax filing for Brazilian users. By automating data collection from trusted sources like B3 brokerages and Serpro platforms, it streamlines tax preparation, offers potential refund advances, and ensures compliance with local regulations—all in one intuitive interface.

What scenarios is Velotax suitable for?

- Freelancers/Gig Workers: Track income and deductible expenses efficiently.

- Investors: Auto-import capital gains or dividend data from partner brokerages.

- Urgent Cash Needs: Access refund advances (note: high monthly APR up to 84.76%).

- Complex Deductions: Ideal for users needing automated reconciliation of medical, education, or charity-related expenses.

What experience can you gain from choosing Velotax?

Velotax eliminates manual tax headaches. Users enjoy:

- Time Savings: Direct integration with Brazil’s revenue systems (e.g., Consulta CPF/IRPF) pulls data instantly.

- Accuracy: Reduced errors via pre-verified data from official sources.

- Financial Flexibility: Early refund access (with transparent fee alerts).

- Real-Time Tracking: Monitor refund status or pending submissions 24/7.

The practical value of Velotax.

- Speed: File returns faster than traditional methods.

- Automation: Eliminate manual form-filling with AI-driven insights.

- Transparency: Clear breakdown of fees, refund estimates, and APR terms.

- Accessibility: No upfront costs—pay only after signing up.

Remarks on Velotax

- Not a Government App: Privately developed but compliant with CFC Resolution 1.640/21.

- Data Sources: Integrates with Serpro’s Consulta CPF and Consulta Restituição for accuracy.

- High-Cost Warning: Refund advances carry steep interest rates—evaluate urgency vs. cost.

- Regional Focus: Tailored for Brazil’s tax system; global users may need alternatives.

Velotax balances innovation with practicality, making it a smart choice for Brazilians prioritizing speed and automation in tax management—but always review financial terms carefully.