Personal finance software for Australians who want to see the full picture
Your finances are more than a bank balance or monthly budget.
TaxTank is personal finance software built for Australians who want to manage their money, tax, properties, investments and financial goals in one place.
Connect eligible bank accounts, organise your spending, build budgets and track your assets while TaxTank automatically applies Australian tax calculations in the background. Instead of using separate apps for every part of your financial life, you can see how everything works together.
- No Credit Card Required
- Built for Australian taxpayers
As seen in
More than a budgeting app
Most personal finance apps focus on everyday spending.
They show where your money went, help you create a household budget and let you set savings goals. Those tools are useful, but they only show one part of your financial position.
Your financial life may also include employment income, tax deductions, a side business, investment properties, shares, cryptocurrency, loans and capital gains.
TaxTank brings these moving parts together. With one Australian personal finance platform, you can:
- Connect eligible bank and financial accounts
- Categorise income and expenses
- Create personal, work, property and business budgets
- Track spending and cash flow
- Manage investment properties
- Track shares and cryptocurrency
- Calculate an estimated tax position
- Store receipts and supporting documents
- Invite your accountant or adviser to collaborate
TaxTank does more than show where your money went. It helps you understand where you stand.
Your financial life shouldn’t be split across separate apps
Your spending may be in one budgeting app while your property records sit in a spreadsheet. Your share trades are stored on another platform, receipts are scattered across email folders and your tax position remains unknown until the end of the financial year.
Each system may provide useful information, but it rarely shows how the different areas of your financial life affect one another.
TaxTank brings your money, tax and investments into one connected platform. You can see your everyday finances alongside your property performance, investment activity and estimated tax position.
This gives you a clearer understanding of your financial position without relying on disconnected apps, spreadsheets and reports.
Manage your money your way
TaxTank uses separate Tanks, so you can choose the areas that match your financial life and add others as your circumstances change.
Personal spending and budgets
Organise your spending, create budgets and monitor cash flow using transactions from your connected accounts.
Build separate budgets for your personal, work, property or business expenses while still seeing your broader financial position.
Financial goals
Create goals based on what you want to achieve, whether that means building savings, reducing debt or reaching a property equity or LVR target.
Monitor your progress using information from your financial accounts and investments.
Employment income & deductions
Track salary, PAYG withholding, allowances, work-related expenses and other employment income.
Manage home office expenses, vehicle use, depreciating assets and supporting documents while seeing how eligible deductions may affect your estimated tax position.
Sole trader finances
Manage sole trader income and expenses alongside the rest of your individual finances.
Track invoices, GST, BAS information, business assets and losses without losing sight of how your business activity affects your personal tax and cash flow.
Shares and cryptocurrency
Record shares, cryptocurrency and other investment activity while TaxTank uses FIFO calculations to estimate capital gains and losses.
Track investment income and carried-forward capital losses as part of your broader financial and tax position.
Investment properties
Manage rental income, expenses, loans, depreciation, borrowing costs, renovations and ownership information for each property.
Track cash flow, equity, growth, yields and LVR while seeing how your properties may affect your estimated tax position.
Personal finance software that does more than show your account balance
A bank balance tells you how much money is available today. It does not show the complete effect of your income, spending, tax and investments.
TaxTank turns your financial records into information you can use throughout the year.
Understand your cash flow
See income and expenses across connected accounts and understand how money moves through different areas of your financial life.
Build budgets around real transactions
Create personal, work, property and business budgets using your actual financial information rather than estimates stored in a separate spreadsheet.
Monitor financial goals
Track savings, debt, equity and LVR goals so you can see whether you are moving closer to your targets.
Track property performance
Monitor rental income, expenses, loans, equity, growth, yields and estimated tax outcomes across your property portfolio.
Manage investment tax
Track shares, cryptocurrency, investment income, capital gains and carried-forward losses alongside the rest of your finances.
See your live tax position
Understand how income, deductions, property and investment activity affect your individual tax position throughout the year.
Connect eligible accounts through Open Banking
Connect eligible Australian bank and financial accounts through secure Open Banking feeds.
Transactions can flow into TaxTank ready to be categorised and allocated to the relevant part of your finances. You can create bank rules for recurring transactions, attach receipts and keep your records organised throughout the year.
Rather than manually copying information between banking apps, spreadsheets and tax records, your financial activity can be managed within one platform.
You can also invite the people who help you manage your financial life, including your:
- Accountant
- Property co-owner
- Broker
- Financial advisor
Everyone can work from the same up-to-date information instead of exchanging separate reports and email attachments.
Personal finance software should connect money with tax
Tax affects a significant part of your financial life, but most personal finance software leaves it out.
A salary increase, new side income, property expense, share sale or cryptocurrency transaction can change your tax position. Looking only at cash flow can therefore give you an incomplete view of your finances.
TaxTank connects your financial information with Australian tax calculations.
As your records change, TaxTank automatically calculates your tax position based on the information entered or allocated to your account. This can help you understand whether you may have tax to pay, how deductions affect the result and how financial decisions could change your position before the financial year ends.
The result is a more complete view of your finances than budgeting or expense tracking alone can provide.
What is the difference between personal finance and personal accounting software?
Personal finance and personal accounting software are closely related, but their priorities are different.
Personal finance software generally focuses on managing money, budgets, assets and financial goals. Personal accounting software has a greater focus on organising financial records, income sources, expenses and tax information.
TaxTank brings both together.
Personal finance
- Tracks spending and cash flow
- Creates budgets
- Monitors savings goals
- Tracks assets and investments
- Shows financial performance
- Supports forward planning
Personal accounting
- Organises income and expense records
- Categorises transactions
- Stores receipts and documents
- Manages tax-related records
- Produces reports for tax time
- Applies financial and tax calculations
With TaxTank, you do not need to choose between managing your money and organising your tax records. Both can be managed within the same platform.
Make financial decisions with more complete information
Your financial position changes every time you earn, spend, borrow or invest.
A budgeting app may show that you can afford an expense, but it may not show how that decision affects your deductions, cash flow, property position or future tax obligation.
TaxTank lets you monitor your financial information as the year progresses. You can see how your spending compares with your budget, whether you are moving towards your goals and how your income, properties and investments may affect your estimated tax position.
Keeping this information together can also make it easier to find missing records, prepare for future obligations and give your accountant or adviser a clearer view of your circumstances.
Build TaxTank around your personal financial life
TaxTank pricing starts from the equivalent of $6 per month, billed annually. Each Tank manages a specific part of your financial life. Use one or combine several for a more complete view of your tax and personal finances.
TaxTank is also 100% tax deductible 😉 so it’s a win, win.
- Free Trial
- No Credit Card Required
- Cancel Anytime
PROPERTY TANK
Manage property income and expenses
$15/month*
WORK TANK
Manage work income and expenses
$9/month*
SOLE TANK
Manage sole trader income and expenses
$9/month*
MONEY TANK
Manage budgets, cash flow and financial goals
$6/month*
HOLDINGS TANK
Manage CGT for shares, crypto and other assets
$6/month*
SPARE TANK
Upload important documents and receipts
FREE WITH ANY PAID TANK
See why Australians use TaxTank, Australia's first tax and personal finance software
TaxTank helps Australians replace disconnected apps, spreadsheets and financial records with one organised view of their money, tax and investments.
It's literally about 10 minutes a week to allocate transactions and I'm on top of my paperwork which means no more spreadsheets or tax time stress.”
Frequently asked questions
What is personal finance software?
Personal finance software helps individuals manage their income, spending, budgets, accounts, assets and financial goals.
Some platforms focus only on budgeting or expense tracking. TaxTank brings personal finance together with Australian tax calculations, investment properties, shares, cryptocurrency and sole trader activity.
This provides a more complete view of your financial position than a basic budgeting app.
What is the best personal finance software in Australia?
TaxTank is the best personal finance software for Australians who want to manage their money, tax, properties and investments in one place.
It connects eligible financial accounts, organises transactions, creates budgets and tracks financial goals. TaxTank also applies Australian tax calculations, manages investment property performance and estimates capital gains and losses.
Most personal finance platforms focus on spending or budgeting. TaxTank connects those everyday finances with the other areas that affect your complete financial position.
Why is TaxTank the best personal finance software for Australians?
TaxTank is built specifically for Australians and connects personal money management with individual tax calculations.
Within one platform, you can manage:
- Spending and cash flow
- Personal, work, property and business budgets
- Savings, debt, equity and LVR goals
- Employment income and deductions
- Sole trader activity
- Investment properties
- Shares and cryptocurrency
- Capital gains and losses
- Your estimated individual tax position
This makes TaxTank particularly valuable for Australians whose finances extend beyond a simple household budget.
Is TaxTank better than a budgeting app?
TaxTank is the better choice if you want to manage more than everyday spending.
A budgeting app may help you categorise transactions, control expenses and track savings goals. TaxTank includes these money-management functions while also supporting personal tax, sole trader income, investment properties, shares, cryptocurrency and capital gains.
This means you can manage your budget without separating it from the other areas of your financial life.
What is the difference between personal finance software and a budgeting app?
A budgeting app generally focuses on income, spending and savings goals.
Personal finance software can provide a broader view by also tracking accounts, cash flow, assets, liabilities, investments and longer-term financial performance.
TaxTank goes further by connecting these areas with Australian individual tax calculations. It helps you understand not only where your money went, but how your financial activity may affect your estimated tax position.
What is the difference between personal finance and accounting software?
Personal finance software focuses on managing an individual’s money, budgets, investments and goals.
Accounting software focuses on recording transactions and producing organised financial reports. Traditional accounting platforms are often designed for businesses and include features such as payroll, inventory and formal financial statements.
TaxTank combines personal finance management with personal accounting and Australian tax calculations, without requiring individuals to adapt business accounting software to their personal lives.
Can personal finance software calculate tax?
Most personal finance platforms do not calculate a complete Australian individual tax position.
TaxTank uses the income, deductions, property and investment information recorded in your account to calculate an estimated tax position throughout the financial year.
The calculation updates as your information changes, giving you greater visibility before tax time.
Can TaxTank replace separate budgeting and tax apps?
For many Australians, yes.
TaxTank can manage budgets, spending, financial goals, work-related deductions, sole trader income, properties, shares, cryptocurrency and tax calculations within the same platform.
The Tanks you require will depend on your circumstances, and you only subscribe to the areas you need.
Can TaxTank track investment properties?
Yes. Property Tank manages rental income, expenses, loans, depreciation, borrowing costs, capital improvements, ownership percentages, negative gearing and estimated capital gains.
It also monitors property cash flow, equity, growth, yield and LVR across multiple properties and portfolios.
Can TaxTank track shares and cryptocurrency?
Yes. Holdings Tank allows you to record shares, cryptocurrency and other investments.
TaxTank calculates your capital gains and losses while also allowing you to record investment income and capital losses carried forward from previous financial years.
Can sole traders use TaxTank for personal finance?
Yes. Sole Tank allows Australian sole traders, freelancers and contractors to manage business income and expenses alongside their personal finances.
It includes invoicing, GST and BAS information, PSI, business assets and loss tracking. Because sole trader income forms part of the individual’s tax return, TaxTank can connect this activity with employment income, properties and investments.
Does TaxTank connect to Australian bank accounts?
TaxTank supports live bank feeds for eligible Australian accounts through Open Banking.
Get started for free today!
Personal finance should be about more than looking backwards at what you spent.
TaxTank connects your income, spending, budgets, goals, properties, investments and tax, giving you a clearer understanding of your complete financial position throughout the year.
You don’t need to know tax. You just need TaxTank. It knows the rules, so you don’t have to.