TaxTank Reviews
Most software companies will tell you why they’re great.
We’d rather let our customers do the talking.
Read genuine TaxTank reviews from Australians using the platform every day. Whether they’re sole traders, property investors, employees or investors, these stories show how TaxTank helps people stay on top of their tax, reduce admin and avoid tax time surprises.
If you’re comparing tax software in Australia, these real customer experiences can help you decide whether TaxTank is right for you.
Why Australians choose TaxTank
Unlike traditional accounting software or tax apps, TaxTank automatically calculates your tax throughout the year using current Australian tax legislation.
Customers commonly tell us they’ve been able to:
- Replace complicated spreadsheets
- Track tax in real time
- Know how much tax to set aside
- Stay organised all year instead of scrambling at tax time
- Manage income from work, property, investments and sole trading in one place
- Stop worrying about tax changes as they are built into TaxTank
As seen in
"I used to manage everything in Excel. Now TaxTank tracks my invoices, tells me who's overdue and shows me exactly where I'm sitting with tax."
Trusted by Thousands of Australians
The online support has been phenomenal, thank you Nicole. Everything was explained to me in an easy to understand manner.
It's a breeze to navigate and that's coming from someone who's genius zone is with people not on computers. I recommend them to everyone.
"I have saved 100+ hours on paperwork"
Read Tammie's story
My husband Kevin and I have been using TaxTank for over a year now to manage our property portfolio. With seven properties spread across Australia, we needed a software that would allow us to manage the complexities of our property portfolio.
Before using TaxTank, we would have to scramble to find all our receipts, asking property managers to resend through past statements and invoices, manually going through bank statements and itemising income and expenses to get our taxes ready.
We even had one occasion where we hadn’t paid a water bill for three quarters on one of our properties because they changed to email communications and the notices were going to spam. That resulted in some hefty late interest fees. Not something we wanted to repeat and thankfully TaxTank has streamlined all of this for us.
We now proactively manage our income and expenses using the live bank feed allocations in TaxTank so there is little hands-on time needed from me. 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.
And while the main benefit is for tax purposes, I can also see the tax and cash position for each property, loans, equity and even growth forecasts to help me understand how my properties are performing now and into the future.
This software is an absolute gamechanger.
Why thousands of Australians choose TaxTank over spreadsheets
Spreadsheets can track numbers.
Bookkeeping software can categorise transactions.
TaxTank is different.
It combines your income, investments, deductions and Australian tax legislation to calculate your live tax position throughout the year, giving you the confidence to make better financial decisions long before tax time.
Typical Tax Software
- Tracks transactions
- Reports past activity
- Multiple calculators
- Manual tax calculations
- Separate spreadsheets
- End-of-year surprises
- Guessing deductions
TaxTank
- Calculates tax outcomes
- Forecasts your tax position
- One live tax position
- Automated tax calculations
- One connected platform
- Year-round confidence
- ATO-aligned deduction tracking
Frequently asked questions
Are TaxTank reviews genuine?
Yes. Every review on this page comes from a real TaxTank customer who has used the software and agreed to share their experience.
How is TaxTank different from other tax software?
Most tax software tracks income and expenses or helps you lodge a tax return. TaxTank goes further by calculating your live tax position throughout the year using current Australian tax legislation. This helps you understand how your financial decisions affect your tax before EOFY, not after.
Why do people choose TaxTank over traditional accounting software?
Traditional accounting software is primarily designed for business bookkeeping and financial reporting. TaxTank is designed for individuals and calculates your personal tax position across employment, investments, property and sole trader income in one place, helping you understand your tax throughout the year rather than simply recording transactions.
Is TaxTank suitable for employees?
Yes. TaxTank helps employees track work-related expenses, estimate their tax refund or tax payable, manage investments and monitor their tax position throughout the financial year.
Is TaxTank suitable for sole traders?
Yes. Sole traders can create invoices, track business income and expenses, calculate tax, monitor GST where applicable and understand how their business income affects their overall tax position alongside any employment or investment income.
Can TaxTank manage more than one type of income?
Yes. Unlike many platforms that focus on a single income source, TaxTank allows you to manage employment income, sole trader income, investment properties, shares, ETFs, cryptocurrency and other investments together in one platform.
Does TaxTank calculate my tax automatically?
Yes. As you allocate transactions and update your financial information, TaxTank automatically applies Australian tax legislation to estimate your tax position throughout the year.
Can I replace my spreadsheets with TaxTank?
Many of our customers switched from Excel because manually tracking income, expenses and deductions became too time-consuming and error-prone. TaxTank automates much of this process while providing a live tax position that spreadsheets can’t calculate.
Is TaxTank Australian?
Yes. TaxTank was built in Australia specifically for Australian taxpayers and uses Australian tax legislation to calculate tax, deductions and capital gains.
Can I still use my accountant?
Absolutely. Many customers use TaxTank throughout the year to stay organised and then share their information with their accountant at tax time. Others choose to prepare and lodge their own tax return using the reports generated by TaxTank.
Does TaxTank replace myTax?
TaxTank doesn’t replace the ATO’s myTax lodgement service. Instead, it helps you prepare throughout the year by tracking your income, deductions and investments, so you’re ready when it’s time to lodge.
Can TaxTank help reduce tax time surprises?
Yes. One of the biggest benefits customers mention is knowing where they’re sitting before the end of the financial year. By calculating your estimated tax throughout the year, TaxTank helps you plan ahead instead of discovering a large tax bill after lodging.
Is TaxTank secure?
Yes. TaxTank uses bank-grade encryption and secure Open Banking connections where supported. Your financial information is protected using industry-standard security practices.
Ready to see why Australians are switching to TaxTank?
Start your free 14-day trial today and experience real-time tax management for yourself.