The best personal accounting software in Australia

I have been using TaxTank for over a year now to manage 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 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!

Despite having had investment properties for many years, I still used to have trouble at tax time, especially with depreciation.  TaxTank’s automated depreciation tool has solved this by making everything so much simpler, quicker and easier for me. Anyone who has an income and especially anyone with investment properties will find TaxTank an effective, reliable and convenient tool to use.

I love that TaxTank makes managing all my tax less complicated and less demanding of my time. The end of financial year has always made me stress out about whether I would owe money or get a refund. Now I can see my tax position any time of the day while also uploaded receipts and allocating all of my bank transactions. My goal is to keep on top of things every month and I know TaxTank will help me do that.

Anyone who has an income and especially anyone with investment properties will find TaxTank an effective, reliable and convenient tool in ‘the war on tax’. TaxTank’s live information not only shows me a real time snapshot of my tax position and property equity but it’s so convenient to have all of my documents stored in one place so I can’t lose them anymore!

I have been using the TaxTank software to manage my property investment for over a year. This software has given me a platform to manage all my tax receipts in the one place, so it makes the process of completing my annual tax returns very manageable and stress­free. It has also provided me with a better insight to my portfolio from my expenses management, income and the expected tax return at the end of the financial year.

We began using TaxTank in July 2021 and have been delighted with the software. It is a comprehensive and easy-to-use personal finance software package that provides a number of benefits over other personal finance software packages. TaxTank can integrate with my accountant, manage multiple property assets, input and manage depreciation schedules, manage vehicle logbook entries, provide tax forecasting for the financial year, connect to my Australian bank account with automatic bank feeds, generate useful reports, and upload documents. I would highly recommend TaxTank to anyone looking for a comprehensive and easy-to-use personal finance software package.

The TaxTank software has been a game changer for us in providing a cost effective, integrated, real-time system that simplifies the process of managing investment property financial transactions and information. Using TaxTank has ensured we have reduced costs and effort at the end of financial year, minimised tax paid as we can now track all expenses and income in one single system and peace of mind knowing we can find everything in one secure place.

Ever since I've been using TaxTank, it has made life so much easier. Considering utilising the property tank and work tank has made my recordings so much more effective and simple. I can't say more than this amazing feature of live bank feeds. It is amazing and a game changer! Thank you TaxTank. This has made almost the near impossible of recording all bank transactions now very possible. Another feature I enjoy using is the forward outlook on the depreciation of a property once the initial inputs are stored. I also would like to acknowledge Nicole for her continuous support and ongoing improvements to the system! It has been an enjoyable and pleasurable experience using TaxTank. Highly recommend.