Tailwind Crowd Blog

Don’t Get Caught Out by the Tax Authority in Crowdfunding!

Posted by Tailwind Crowd Team on Jul 13, 2015 10:55:00 PM

The following post should not be construed as legal or tax advice.

As you may be aware, crowdfunding platforms are becoming increasingly popular in the business world today. They provide an alternative means of fundraising for small businesses. Over the recent months, it has become apparent that the European Commission and other such organisations have been laying focus on the tax rules applicable to crowdfunding projects and although no changes have been made as yet; it is expected that greater scrutiny is to be exercised over the crowdfunding sector as a whole.

This is considered to be a grey area by most creators as the tax rules in crowdfunding vary enormously depending on the home country, industry and of course, the style of crowdfunding being actioned. Any applicable VAT is determined by the country in which the consumer is based so you can just imagine how complex things can get for the business owner! VAT rates and policies are different in all countries so to avoid complication, it’s recommended that business owners take advantage of the latest offering from MOSS (Mini-One-Stop-Shop), an online electronic portal which has been designed to allow for simplified implementation of this new Council Regulation.

 Stick to crowdfunding platforms such as Tailwind Crowd that proactively look for solutions to assist entrepreneurs and project owners deal with VAT implications.

As an entrepreneur, you should register with a platform that:

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Topics: Tailwind Crowd, Dutch Crowdfunding, Global Crowdfunding, Reward Project, VAT

How Banks can benefit from Crowdfunding

Posted by Tailwind Crowd Team on Jun 7, 2015 11:43:00 AM

 

Over recent years, it has become clear that start-up companies and small businesses struggle more and more to borrow money from commercial banks. While some consider crowdfunding a disruptive innovation amongst the finance sector, it’s vital to recognise the synergies that can be formed in order to keep a balance in the launch and development of new businesses.

Crowdfunding provides a solution to bridge the gap between small companies and commercial banks and should not be considered a threat to the financial sector in any way, shape or form! In fact, it should be considered an effective financial intermediary that can link the two together and result in an increase in business for banks and CF platforms alike.

 

“Funding Circle, the online "peer-to-peer" SME lender, has defended controversial talks with Santander which could see the bank passing on "leads" on small businesses seeking loans to the alternative finance platform.”         The Telegraph… read more

 

Banking Sector Co-Operation

 

Reputable crowdfunding platforms such as Tailwind Crowd are joining forces with commercial banks with the main aim of being able to form successful strategic partnerships that benefit all parties. Integrating traditional methods such as bank loans and venture capital to schemes that crowdfunding has to offer is resulting in a steady increase of new companies having the chance to launch and keep the economy expanding in a variety of sectors. 

Here are a five reasons why commercial banks should be working with crowdfunding platforms and not against them:

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Topics: Tailwind Crowd, Dutch Crowdfunding, Global Crowdfunding, Investor Community, Corporate Social Responsibility, Commercial Bank, Market testing, Portfolio diversification

Reward and Lending Models in the World of Crowdfunding

Posted by Tailwind Crowd Team on May 5, 2015 10:55:05 AM

Become part of this fast-paced investment community and get involved with cutting-edge business ideas in return for great rewards, recognition and monetary gain! Crowdfunding is on the rise worldwide as investors and other entrepreneurial spirits team up and collectively support start-up companies on their journey to success. In fact, the predicted global value of crowdfunding in 2015 is a whopping $34 Billion! Bringing innovative new business plans to life by assisting with their start-up costs or lending to a company that you feel has great potential is what it’s all about.

In the Netherlands alone, crowdfunding doubled in 2014 going from €32 million to €63 million! Moreover, the total Dutch Alternative Finance Market has an average growth rate of 459%. Alongside getting funded, project owners know that the free marketing benefits that come with crowdfunding are imperative for early-stage feedback and project development.


Benefits of Reward-based Crowdfunding:

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Topics: Supporters, Dutch Crowdfunding, Global Crowdfunding, Reward Project, Investors, Lending Project