Another successful night for Taxback Group at the annual b2b Media Awards 2019

We were delighted to receive an award for our  TaxbackPro qualification program at the Annual b2b Media Awards. The event took place in the French Institute in Sofia on Wednesday evening. Taxback Group was the only Varna based company to receive an award and the award itself was presented to us by the Deputy Minister of Education […]

12 Jul 2019

Varna Business Run 2019

We were delighted to take part in the second Varna Business Run organized by Begach Runners Club on the morning of Sunday, 9th June. Business Run is the largest team building event in Bulgaria and takes place at the Bulyard shipping factory. Two teams from Taxback Group took part in the 4km relay race which […]

12 Jun 2019

Taxback Group`s career counselling program helps students ignite their professional dreams and aspirations

The first cycle of Taxback Group’s career counselling program took place in Varna High School of Commerce during the academic 2018-2019 year. The program aims to help young people in high school to acquire and develop specific skills that will help them get the best out of career exploration, job search and the job application […]

07 Jun 2019

We walked and ran for the Twomey Family Remorial Weekend!

On Friday, May 17th, Taxback Group held our annual 5k in aid of the Twomey Family Remorial Weekend. While on a family holiday to Devon in 2012, tragedy struck as the Twomey Family were involved in a horrific crash with Marek [RIP], a suicidal driver. Regretfully, the crash claimed the lives of Elber’s husband Con, […]

24 May 2019

Taxback TV: A surprise for Osman!

Osman Osman is the Research and Development Manager at Immedis and he recently graduated from the Technical University of Varna with a Masters in Software Engineering. As if that wasn’t enough, he also received an award for his contribution to the university to date. Kristina Ilieva caught up with him to chat about this massive […]

05 Apr 2019

Open Doors Day for the 7th anniversary of our Veliko Tarnovo office

March 5th marked the 7th birthday of our Veliko Tarnovo office and what a 7 years it has been! To celebrate this milestone, we decided to open our doors to students from all over the Veliko Tarnovo region so that they could get a first-hand experience of what it’s like to work at The Taxback […]

06 Mar 2019

Innovation in Talent Education Award for our Bulgarian Team

The Bulgarian HR Team of The Taxback Group scooped no less than 2 awards at the b2b Media Employer Branding Awards last weekend!   Now in their second year, the Employer Branding Awards were created to celebrate the achievements of HR and Communications departments of the companies who are focusing on creating a positive brand […]

19 Feb 2019

TransferMate announces a €21m investment by ING

And strategic partnership across the ING corporate client base. Investment will help accelerate TransferMate‘s global expansion. €51 million Series A funding invested in TransferMate in the past 8 months   TransferMate, (“TransferMate” or the “Company”), a leading cross-border B2B paymentstechnology solution, is delighted to announce today a €21 million investment from ING Group N.V. (“ING”), one of Europe’s […]

20 Aug 2018

Ruairi Kelleher is the new CEO of Immedis

  “Since the launch of Immedis we have seen revenue growth more than double year on year. I want to continue this trajectory and we project our growth will be 40-50% year on year over the next three years.” Immedis, a specialist division of the successful Taxback Group providing global payroll and mobility tax solutions to multinational […]

20 Aug 2018

17 Years of The Taxback Group Bulgaria

In early 2001, a group of new employees in Varna, Bulgaria, started their career in an Irish-based Tax Return company, which after 17 years, has become one of the most established multinational companies on the labour market in the region. The Taxback Group are extremely proud that 11 out of our first 15 employees are […]

25 Apr 2018

Another successful night for Taxback Group at the annual b2b Media Awards 2019

We were delighted to receive an award for our  TaxbackPro qualification program at the Annual b2b Media Awards. The event took place in the French Institute in Sofia on Wednesday evening. Taxback Group was the only Varna based company to receive an award and the award itself was presented to us by the Deputy Minister of Education in Bulgaria!

The b2b Media Awards Ceremony is one of the biggest events held in Bulgaria and each year, it sees international and local business leaders in attendance. The awards were established to celebrate the achievements of the companies who are focusing on innovation, talent education, corporate social responsibility, and business leadership.

The TaxbackPro qualification program helps our employees to develop new skills and competencies and gain a globally recognized professional tax qualification. Since its inception, a number of employees have become successful TaxbackPro Graduates and have taken the next step in their career with Taxback Group.

Congratulations and well done to our Bulgarian colleagues on receiving the award, and of course to all of the program’s participants over the last number of years.

Varna Business Run 2019

We were delighted to take part in the second Varna Business Run organized by Begach Runners Club on the morning of Sunday, 9th June.

Business Run is the largest team building event in Bulgaria and takes place at the Bulyard shipping factory. Two teams from Taxback Group took part in the 4km relay race which takes in some seriously breath-taking views. In 2018, over 1,600 runners from 200 of the biggest companies took part in Business Runs across Sofia, Varna and Plovdiv.

Not only is the Business Run a really great day out, it’s also a great way to give back to charity as 30% of the registration fees from the Business Run are donated to “Life with Down Syndrome”, an organization that support families and children with Down syndrome. Further to that, the Business Run was also nominated for two awards at the Bulgarian Charity Forum.

On behalf of Taxback Group, we would like to thank Kaloyan Vitanov, Aleksandar Kadanov, Stanislav Ivanov, Klimentina Rasheva, Sergey Ushakov, Petya Petrova, Yasen Petrov, Elka Kolemanova and Marina Nedelcheva for their participation. We can’t wait for next year’s run!

Taxback Group`s career counselling program helps students ignite their professional dreams and aspirations

The first cycle of Taxback Group’s career counselling program took place in Varna High School of Commerce during the academic 2018-2019 year. The program aims to help young people in high school to acquire and develop specific skills that will help them get the best out of career exploration, job search and the job application process. The students learned how to prepare impressive CV and video resumes, how to prepare for job interviews and how to find the most compelling job offers on the market.

The final stage of our career counselling program took place on the 31st of May 2019 and involved mentors from Taxback Group presenting some of the current vacancies within the company to the students. The mentors then conducted job interviews with the students based on these vacancies to evaluate the skills that they acquired over the year.

Militsa Daskalova, Recruitment Specialist at Taxback Group, Adriyana Miteva, Founder and Director of Advance Academy and Nikola Tsankov, Deputy Director of Varna High School of Commerce evaluated the students. The students that performed the best were awarded a scholarship with Taxback Group, and they also have the opportunity to participate in the Summer Students IT Academy which is organised by our partners, Advanced Academy.

Our Career Counselling Program is something that we’re incredibly proud of and it even scooped the “Innovation in Talent Education” Award at the second B2B Media Employer Branding Awards which were held in Sofia last February. We couldn’t be any happier with the results and each and every student that took part genuinely exceeded our expectations. We’re already looking forward to the next cycle of the program!

 

We walked and ran for the Twomey Family Remorial Weekend!

On Friday, May 17th, Taxback Group held our annual 5k in aid of the Twomey Family Remorial Weekend.

While on a family holiday to Devon in 2012, tragedy struck as the Twomey Family were involved in a horrific crash with Marek [RIP], a suicidal driver. Regretfully, the crash claimed the lives of Elber’s husband Con, 16 month old Oisín and their unborn daughter, baby Elber Marie. Elber established the Twomey Family Remorial Weekend, an action-packed weekend of sport and fun, to remember with love and to honour Connie, baba Oisín and baby Elber Marie. Their mission is to promote the value of how precious life is.

This year’s Twomey Remorial takes place in Meelin, Newmarket, Co.Cork (the highest village in Ireland) on June 8th and June 9th with something to suit everyone. There’s still time left to register, and you can do so here. If you can’t make it but would still like to help, you can donate online or simply support them by liking their Facebook page.

Nigel O’Donovan [Taxback International] and his wife Marguerite are life-long friends of Elber Twomey and her late husband Con, and needless to say, the charity has become very close to all of our hearts here at Taxback Group. To date, the Twomey Family Remorial has raised over €150,000 for a number of organisations and charities that help those in need including Torbay Hospital in Torquay, Devon, Pieta House, ReachOut, Brú Columbanus and many more.

Teac Tom, a local mental health support facility in Kilkenny, are one of the beneficiaries of this year’s Remorial Weekend. Teac Tom is part of the Thomas Hayes Trust, which was established in 2014 by Angela Hayes, her family and friends following the tragic loss of her son, Thomas to suicide (2010) on the anniversary of his dad’s suicide. The trust’s goal is to offer free and immediate counselling, in a safe and nurturing environment for those directly affected and their families, those suffering from suicidal ideation and emotional distress.

They offer a number of services including emergency response to suicide, counselling services, a 24 hour help-line [056-7796592], and both a school and work liaison service. Their centre on Ormonde Road in Kilkenny opens Monday to Friday from 9:30am – 4:30pm and no appointment is needed. A listening ear in a safe and confidential space, Teac Tom give hope to those that need it the most.

It was an honour to have both Elber Twomey and Angela Hayes attend our event and we’re extremely proud of our employees for getting out and supporting this cause. We’d also like to take this opportunity to say a massive thank you to Gillian and all of the team in VHI Healthcare who come out in numbers every year for this event.

Taxback TV: A surprise for Osman!

Osman Osman is the Research and Development Manager at Immedis and he recently graduated from the Technical University of Varna with a Masters in Software Engineering. As if that wasn’t enough, he also received an award for his contribution to the university to date.

Kristina Ilieva caught up with him to chat about this massive achievement. Well done Osman!

 

 

 

Open Doors Day for the 7th anniversary of our Veliko Tarnovo office

March 5th marked the 7th birthday of our Veliko Tarnovo office and what a 7 years it has been!

To celebrate this milestone, we decided to open our doors to students from all over the Veliko Tarnovo region so that they could get a first-hand experience of what it’s like to work at The Taxback Group.

Throughout the Open Doors Day, our guests were given a taste of the dynamic and positive atmosphere in our office. The students were introduced to the company, participated in some career exploration games, and they were inspired by the success stories of some of Taxback International’s managers.

The Taxback Group has been continuously working towards mentoring and developing fresh graduates and young professionals as there are many possibilities for personal and career development in our offices across the globe. We believe that we have the power to not only help them to decide on their future profession, but to also guide them through the first steps towards a successful career.

Last but not least, the list of activities for our 7th birthday celebrations include a special series of greetings from our colleagues that have been a part of the Veliko Tarnovo team since day one. Take a look at what they had to say below.

Innovation in Talent Education Award for our Bulgarian Team

The Bulgarian HR Team of The Taxback Group scooped no less than 2 awards at the b2b Media Employer Branding Awards last weekend!

 

Now in their second year, the Employer Branding Awards were created to celebrate the achievements of HR and Communications departments of the companies who are focusing on creating a positive brand experience for its employees and who are contributing to talent development and innovation.

The two awards which The Taxback Group has proudly received include:

  • Innovation in Talent Education Award, which recognises the work of our HR team who are successfully running a complex career counselling campaign in cooperation with Varna High School of Commerce.
  • Employer Branding Event, which is awarded to the company for marking the International Volunteer Day on 5th December last year, and recognizing all the amazing volunteers of the company.

The Employer Branding Awarding ceremony is one of the biggest corporate events held in recent years in Bulgaria. The gala evening, hosted by b2b Media, saw over 200 local businesspeople gathered to celebrate the most innovative HR strategies throughout Bulgaria.

Congratulations to our Bulgarian colleagues and well done!

 

TransferMate announces a €21m investment by ING

And strategic partnership across the ING corporate client base. Investment will help accelerate TransferMate‘s global expansion. €51 million Series A funding invested in TransferMate in the past 8 months

 

TransferMate, (“TransferMate” or the “Company”), a leading cross-border B2B paymentstechnology solution, is delighted to announce today a €21 million investment from ING Group N.V. (“ING”), one of Europe’s leading banks, for a small minority equity stake in the Company.

TransferMate and ING have also agreed to a strategic partnership, where TransferMate services will be available to all SME and corporate clients of ING. Using TransferMate’s award-winning cross-border API technology and global payment licences, this partnership will reduce international payments costs and improve cash flow for ING business customers who send or collect funds cross-border.

The ING investment follows a recent €30 million investment from Allied Irish Banks to accelerate growth across the USA, Canada, Australia and Europe; and brings the total Series A investment into the Irish fintech firm to €51 million in the past 8 months alone.

Terry Clune, co-founder and CEO of TransferMate said:

TransferMate partners with the leading banks, fintech and software providers across the globe. Working together, we make it cheaper, faster and easier for businesses to make or receive cross border payments. TransferMate has built a unique technology platform and we are delighted to welcome ING as an investor and partner to help eliminate costly friction points for business customers.”

Sinead Fitzmaurice, co-founder and CFO of TransferMate added:

TransferMate provides an integrated platform for importers and exporters to send and collect their funds across the globe.  This greatly improves working capital, and eliminates administration for companies.  ING is a frontrunner in innovation, and TransferMate is delighted to be working with one of the most innovative banks in the world. In addition to collaborating with ING, our investment will also focus on expansion of TransferMate into Asia Pacific and we look forward to continuing to execute on our global expansion plans.”

Evelien Witlox, Global Head of Payments and Cards of ING commented:

ING is dedicated to offering seamless payment solutions and freedom of choice to its customers. This investment and partnership with fintech TransferMate adds to ING’s capability to help customers by saving time and money for international payments. The solution will become available to all SME and corporate clients of ING. The partnership perfectly fits our innovation strategy and we look forward to offering this service together.”

TransferMate has built one of the financial industry’s most extensive networks of payment licences, and partners with banks, fintech and software providers. TransferMate integrates with 20 of the top 20 accounting software systems, providing an end-to-end payment solution for business customers.

Perella Weinberg Partners LP served as the exclusive strategic and financial advisor to TransferMate for this transaction, with A&L Goodbody serving as legal counsel. Financial Technology Partners LP and ING FI Capital Structuring and Advisory team served as the exclusive strategic and financial advisor to ING for this transaction, with McCann FitzGerald serving as legal counsel.

This investment and partnership is subject to final documentation and is expected to be completed in 3Q 2018.

About TransferMate

TransferMate is a global B2B payments technology which enables companies to send and receive cross-border payments much cheaper, faster, and easier than ever before. TransferMate has built one of the largest portfolios of payment licences worldwide, including licences in all 50 US States. TransferMate offers local ACH in over 145 countries, and partners with banks, fintech and software providers to offer an enhanced user experience for business customers. Using its technology and global banking infrastructure, companies benefit from better exchange rates, lower bank charges and improved reconciliation via direct integration into accounting and ERP systems.

 

 

Ruairi Kelleher is the new CEO of Immedis

 

Since the launch of Immedis we have seen revenue growth more than double year on year. I want to continue this trajectory and we project our growth will be 40-50% year on year over the next three years.”

Immedis, a specialist division of the successful Taxback Group providing global payroll and mobility tax solutions to multinational organisations around the world, has today announced the appointment of Ruairi Kelleher as its new CEO.

Ruairi joined the wider Taxback Group in 2012 following previous roles in consulting in the sports and retail sectors. He has worked across the Group in a variety of management and advisory positions and was an integral part of the re-positioning and launch of Immedis as its own brand entity in 2016.

 

In his role as CEORuairi will manage the corporate direction and strategy of Immedis, enabling the senior leadership team to drive innovation in international payroll and tax services through the company’s cloud-based global payroll software, which is designed to help solve one of the most complex business problems faced by multinationals.

Immedis clients include Airbus, Kingspan, Glanbia, World Wrestling Entertainment (WWE) and the First Derivates PLC. Immedis is currently recruiting for 60 positions that are based in Dublin, New Jersey, Kilkenny and Varna.

When making the announcement, CEO and Founder of the Taxback Group, Terry Clune said:

“Today marks a significant day in the history of the Taxback Group. I am pleased to announce that Ruairi Kelleher has been appointed the new CEO of our global payroll division, Immedis. Ruairi joined the group in 2012 and I’m delighted to see he has progressed to the level of CEO within Immedis. We take immense pride and satisfaction in developing our talent, and Ruairi’s rise to CEO is testament to that ethos. Ruairi brings a wealth of experience in leading the organisation’s group strategy and M&A activity, which saw the business make its first acquisition in the US in May 2017, and I look forward to seeing Immedis grow under his leadership.”

Speaking at the announcement, Ruairi Kelleher said:

‘As CEO my focus is on delivering the strategy of the senior leadership team to establish Immedis as the number one global provider in international payroll. We will achieve this through continued investment in our people, R&D into our technology and developing key relationships with strategic partners around the world. Since the launch of Immedis we have seen revenue growth more than double year on year. I want to continue this trajectory and we project our growth will be 40-50% year on year over the next three years. Our goal is to be the number one service provider in outsourced global managed payroll, helping simplify payroll and employment tax obligations for organizations worldwide.

 

About Immedis

Immedis began as a specialist team within Terry Clune’s Taxback Group, providing global mobility tax advice to clients and sending staff on overseas assignments. The global mobility tax advisory service grew from strength to strength and subsequently developed its own brand, Immedis, which launched in 2016. With over 100 experts globally, Immedis provides a fully managed outsourced international payroll service to multinationals around the world. Immedis has offices in Dublin, Kilkenny, New Jersey and Varna.

Immedis is a specialist division of The Taxback Group, a multi award winning global financial services group established in 1996, with over 1,200 employees in 33 offices worldwide. The core business of Immedis is to service the multi-country payroll and tax obligations of clients with staff that are overseas, whether local or expatriate.

Immedis clients include Airbus, Kingspan, Glanbia, World Wrestling Entertainment (WWE) and the First Derivates PLC. Immedis is currently recruiting for 60 positions that are based in Dublin, Kilkenny and Varna.

17 Years of The Taxback Group Bulgaria

In early 2001, a group of new employees in Varna, Bulgaria, started their career in an Irish-based Tax Return company, which after 17 years, has become one of the most established multinational companies on the labour market in the region.

The Taxback Group are extremely proud that 11 out of our first 15 employees are still with us, and still show the same passion and energy they did on day one.

As we celebrate 17 years since the opening of our first office in Varna, Bulgaria, we spoke to some of these incredible women, who shared with us their thoughts about their time so far.

 

Daniela Atanasova, Operations Manager at Sales-Promotions

“I’m thrilled to work with intelligent, positive and highly accountable people who take the quality of the services they provide really seriously. This helps us build great customer satisfaction and their high praise is a great motivation for all of us.”

 

 

 

Ralitsa Slavova, Senior Quality and Business Set-up Manager

“It all started in early 2001 with an empty office without computers, phones, but together we built the business from scratch. It felt like we were one big family – together at work and afterwards. Office working hours, breaks, day and night – they have all coalesced into one, but what`s more important – it never felt like just another stressful job, but much more like a creative co-working space.”

 

 

Milena Panayotova, Pay to Study Project Manager

“I have a great team of professionals that give me that special feeling that everything is possible.”

 

 

 

 

Zdravka Zlateva, Sprintax Senior Project Manager

“I am really happy to have the chance to show creativity in my day to day work and to see how our ideas can be converted into great functional systems and services.”

 

 

 

 

Vesselina Marinova, Head of VAT Operations at Taxback International

“The main thing which motivates me are the people I work with – positive, hard-working people with a can-do attitude and a passion for complex tax cases. I know I can always rely on them.

I like the diversity and the dynamics of the job and the fact that every day I learn new things.”

 

Darina Ivanova, Research Specialist at Taxback International: “The positive atmosphere in the team is something that you can`t fault here in The Taxback Group. I work in a team of amazing personalities – people I admire, people that help me learn a lot, and whom I can call my friends not only at work but also outside of the office.”

 

We also would like to give a special thanks to Ivan Dimitrov, Konstantin Tomov (Kosio) and Petar Draganov who officially started with the company a few years later but in fact were with us from day one too.

Please join me in congratulating all those who celebrate this work anniversary with us, and we hope you celebrate many more with us!

 

P.S Check out our additional video interview with Milena Panayotova, who spoke to us about her time here so far!