CCCH iFirm

If you mean lodging your personal tax return, start with ATO myTax. If you mean running a business and keeping its tax records, look at Xero, MYOB or QuickBooks Online instead. They solve different problems.

Personal tax returns

These are established options rather than obscure apps: Canstar Blue’s 2025 survey had enough customer responses to rate ITP, H&R Block and Etax; ITP ranked highest for overall satisfaction in that survey. (canstarblue.com.au)

Sole traders and businesses

• Xero — my all-round small-business pick for ongoing bookkeeping, GST, BAS and working with an accountant. (xero.com)
• MYOB Business — a strong alternative, particularly if you already use MYOB or want to compare its accounting and payroll plans. Its business plans include GST tracking and BAS lodgement; check the specific plan’s features. (myob.com)
• QuickBooks Online — worth comparing on features and price; its Australian product supports expense tracking and BAS preparation and lodgement. (quickbooks.intuit.com)
• Hnry — a different proposition for sole traders who want tax administration and lodgement handled for them, rather than just bookkeeping software. (hnry.com.au)

These are products people actually encounter in Australian practice: a 2025 Institute of Certified Bookkeepers member survey reported client use of Xero, MYOB and QuickBooks Online. That survey measures responding bookkeepers’ use, not national market share. (icb.org.au)

Bottom line: Try myTax first for your own return; choose Etax or H&R Block if you value guided help; compare Xero and MYOB first for a business. Don’t confuse business bookkeeping software with personal-return software: Xero Tax and MYOB Practice Tax are products for accounting practices, not the standard business subscriptions. (xero.com)

In Australia, the right software depends on whether you're an individual, a sole trader or a business owner. Many "best of" lists online are written by the vendors themselves, so treat their rankings with some caution.

Individuals lodging a personal tax return

• myTax (ATO). It's free and pre-fills much of your data from employers, banks and health funds. It's the default choice for most people with straightforward returns. To actually file a crypto tax report, for example, you'd use the ATO's myTax portal.
• ATO app. It's free and good for tracking your records and lodgement status.
• etax and H&R Block Online. These are paid lodgement services with guided help. One source suggests Etax or H&R Block Online if you just want help lodging a return. H&R Block also offers professional tax preparation help for convoluted crypto transactions.
• ReceiptHub by H&R Block. It's one of the best-known apps, alongside the ATO app, for tracking receipts and deductions.
• TaxTank. It's built for Australians who want to track income and deductions through the year, such as property investors, sole traders and share or crypto holders. It covers employment income, rental properties, sole trader income, shares and crypto. The source for that is TaxTank's own site, so it's a promotional claim.

Small business and sole traders (GST, BAS, payroll)

• Xero. It's one of the most widely used. The Grow plan was listed at $78/month, and it tracks GST and lodges BAS.
• MYOB. It's also very common, especially with accountants and bookkeepers. The Lite plan was listed at $315/year, with payroll as a separate add-on.
• QuickBooks Online. This is a solid third option. Lists of Australian options regularly name Xero, QuickBooks and MYOB together.
• Hnry and Thriday. These are newer options aimed at sole traders. Both can handle tax set-asides and some lodgements automatically. Both appear on current Australian comparison lists.

Prices change often, so check each provider's site.

Crypto investors

• Koinly. Finder rated it the best overall crypto tax software for Australians in 2026, and Syla was rated best for value.
• Syla and Summ. Both are Australian-made. Summ is aimed at DeFi users.

Accountants and tax practices

Professionals tend to use Xero Tax, Thomson Reuters products, CCH iFirm Tax and Karbon. You only need these if you run a practice.

Quick picks

• Simple PAYG return: myTax, which is free.
• Want hand-holding: H&R Block or etax.
• Rental property, shares or side income: myTax plus an app like TaxTank, or an accountant.
• Running a business with staff: Xero or MYOB, with a registered tax agent. One source notes that pairing software with a registered tax agent tends to work better than software alone if accuracy matters most.
• Crypto: Koinly or Syla to generate the report, then lodge through myTax or an agent.

If you tell me your situation, I can narrow this to one or two options.

The best tax software in Australia depends on your situation—whether you are a straightforward PAYG employee, a property investor, a freelancer, or a small business owner.

---

1. For Standard Individuals & Employees (DIY)

myTax (via myGov)

• Best for: Employees with basic income, straightforward work deductions, or simple investments.
• Why it’s the top choice: It is completely free and provided directly by the Australian Taxation Office (ATO).
• Key Features:
  • Auto-fills data from your employer (Single Touch Payroll), banks, health funds, and government agencies (usually fully ready by late July/August).
  • Simple step-by-step process built directly into your myGov account.
  • Built-in myDeductions feature inside the official ATO mobile app to log receipts throughout the year.

---

2. For Individuals Wanting Extra Guidance or Agent Review

If you have a slightly more complex tax situation (rental properties, crypto, capital gains) or want peace of mind knowing a registered tax agent checked your claim, these online services are very popular:

Etax.com.au

• Best for: Everyday Aussies wanting maximum deductions without paying full high-street accountant fees.
• Why it’s popular: It combines simple online forms with actual accountants who review your return before lodging it with the ATO.
• Key Features: Fast lodgment (often takes 10–15 minutes), live chat support with qualified accountants, built-in tax deduction checks, and the fee is tax-deductible next EOFY.

TaxTank

• Best for: Property investors, share traders, and individuals with multiple income streams.
• Why it’s popular: Built specifically for the Australian tax system, TaxTank organizes your finances into dedicated "Tanks" (e.g., Property Tank, Work Tank, Crypto Tank).
• Key Features: Real-time tax liability estimates year-round, automated bank feeds, and live chat with tax professionals.

---

3. For Sole Traders, Freelancers & Gig Workers

Hnry

• Best for: Freelancers, contractors, sole traders, and gig economy workers (Uber, Airtasker, self-employed tradies).
• Why it’s popular: Hnry acts as an automated tax service and a registered tax agent in one. Whenever a client pays your invoice, Hnry automatically calculates, deducts, and pays your Income Tax, GST, Medicare Levy, and Student Loan payments (HELP/HECS) directly to the ATO.
• Key Features: Automatically lodges your EOFY tax return and quarterly BAS; no manual tax savings account needed.

Rounded

• Best for: Australian sole traders who want simple invoicing and expense tracking without complex double-entry accounting.
• Why it’s popular: Tailored specifically for Aussie freelancers, making BAS calculations and EOFY reporting straightforward.

---

4. For Small Businesses & Companies (Accounting & BAS)

If you run a registered company, hire staff, or manage inventory, you need Standard Business Reporting (SBR) software that connects directly to the ATO.

Xero

• Best for: Small to medium Australian businesses.
• Why it’s the market leader: Xero is the most widely used cloud accounting platform in Australia. Accountants love it, and it integrates seamlessly with almost all Australian banks and payment gateways.
• Key Features: Single Touch Payroll (STP Phase 2) compliance, direct electronic BAS lodgment to the ATO, e-invoicing, and real-time bank feeds.

MYOB

• Best for: Established Aussie small-to-medium enterprises and businesses with complex payroll needs.
• Why it’s popular: An Australian household name with long-standing local compliance credentials.
• Key Features: Robust payroll management, inventory tracking, STP compliance, and direct BAS submission.

QuickBooks Online (Intuit)

• Best for: Budget-conscious small businesses and sole traders wanting strong mobile capabilities.
• Key Features: Great mileage tracking, automated receipt capturing, STP phase 2 integration, and easy BAS prep.

---

5. For Accountants & Registered Tax Agents

If you are a tax agent running a practice, the industry standard lodgment platforms include:

• LodgeiT: A modern, cloud-native lodgment tool with deep API integrations into Xero, QuickBooks, and MYOB.
• Xero Tax / Xero Practice Manager: Widely used by modern cloud-first accounting firms.
• HandiSoft (by Access Group) & MYOB Practice: Standard practice management tools used by traditional and larger accounting firms.

---

Key Tips for Australian Taxpayers

1. Tax Deduction Advantage: Any fee you pay for commercial tax software (like Etax, TaxTank, or Hnry) or tax agent services can be claimed as a tax deduction on your following year’s tax return.
2. Lodgment Deadlines:
   • Individual DIY (myTax): Due by 31 October following the end of the financial year (30 June).
   • Via Registered Agent/Paid Services: Often gives you access to extended lodgment deadlines (up to May the following year), provided you register with them before 31 October.

For most Australians, the best choices are ATO myTax, Etax, TaxTank, Hnry, Xero, MYOB and QuickBooks—but the right product depends on whether you’re an employee, sole trader or business owner.

Best picks by situation

• Employee with one employer and basic deductions: Start with ATO myTax. It is free and usually sufficient.
• Employee with rental property, investments or complex deductions: Consider Etax or use a registered tax agent.
• Freelancer or contractor: Hnry is the most integrated option; TaxTank is useful if you mainly want tax tracking and preparation.
• Sole trader with invoices and expenses: Choose Solo by MYOB, Xero or QuickBooks Online.
• Business with employees: Compare Xero and MYOB, especially for payroll, accountant support and Australian compliance features.
• Want to record receipts and vehicle expenses only: The ATO’s myDeductions feature is free, though it records information rather than replacing the full tax-return process.

Overall recommendation

1. Best free option: ATO myTax.
2. Best paid individual option: Etax.
3. Best for freelancers: Hnry.
4. Best for sole traders: Xero or Solo by MYOB.
5. Best for small businesses: Xero, with MYOB as the strongest alternative.
6. Best tax-tracking app: TaxTank.

Check that any paid service supports your exact situation—especially rental properties, capital gains, cryptocurrency, foreign income or multiple businesses. Also verify current pricing before subscribing, as published Australian price guides change regularly.

In Australia, “best tax software” depends on whether you’re doing a simple DIY return or want a registered tax agent. The brands people actually use are fairly concentrated.

Top picks for individuals

1. ATO myTax — best free option, most-used DIY

   • Free via myGov.
   • Best for simple returns: salary/wages, bank interest, dividends, private health insurance, work deductions, some government payments.
   • Prefills a lot from employers, banks, health funds and ATO data.
   • If your affairs are simple, start here before paying for anything.

2. Etax Accountants — best popular online tax-agent option

   • Very commonly used by Australians who want an online return with accountant support.
   • Good if you want help but don’t want to sit in an office.
   • It’s a tax-agent service, not just free software, so check fees.

3. H&R Block — best hybrid online/in-person brand

   • Popular, well-known, and useful if you want either an online return or a face-to-face appointment.
   • Good for people who want review/help without going fully DIY.

4. TaxTank — best for property investors

   • Popular with Australian rental-property investors for tracking income, expenses and deductions.
   • Usually best used alongside a registered tax agent, not as a full replacement for complex lodgment.

5. Sharesight — best for investment tax reporting, not lodgment

   • Useful for tracking shares, ETFs, dividends, franking credits and CGT.
   • It produces tax reports; you or your accountant still lodge via myTax or agent software.

What accountants/tax agents actually use These are not usually bought by individuals, but they’re the main professional products:

• HandiTax by Thomson Reuters
• Xero Tax
• MYOB Tax
• BGL Simple Fund 360 and Class for SMSFs

Practical recommendation

• Simple return: use ATO myTax.
• Want online help: consider Etax or H&R Block.
• Rental property: consider TaxTank plus a registered tax agent.
• Shares/CGT: use Sharesight for records/reports, then lodge with myTax or an accountant.
• Business, trust, SMSF, crypto, foreign income, complex CGT: use a registered tax agent; don’t rely on DIY software alone.

Check that any paid provider is a registered tax agent with the Tax Practitioners Board, and compare fees. For most Australians with straightforward tax affairs, myTax is the benchmark; Etax and H&R Block are the main paid consumer brands people actually use.

For most Australians with straightforward personal tax returns, the ATO’s free myTax (via myGov) is the top choice and what the majority of people use.

It pre-fills income from employers, banks, government agencies, and others (usually available by late July), lets you add deductions, calculates your refund or tax owed, and lodges directly with the ATO. Most returns process within about 12 business days (often faster for refunds). It’s free, secure, available 24/7 on computer or the ATO app, and includes the myDeductions tool for tracking expenses and receipts year-round.

This is the default recommendation for simple salaried situations with no major complexities like rental properties, investments, or business income.

Popular Paid Online Tax Return Services

For added support, professional review, or slightly more complex returns, many Australians turn to online tax agents. Etax stands out as one of the most popular and highly rated options, with thousands of reviews averaging around 4.8/5 on major Australian review sites. Users praise its user-friendly wizard-style platform, pre-filled data, accountant oversight, and fast turnaround. Fees typically start around $82–$87 for a standard individual return (with add-ons for rentals or capital gains), and there are often lower rates for simpler/low-income cases.

Other well-regarded online services include H&R Block (with ReceiptHub for receipts) and various agents like those ranked highly in consumer surveys (e.g., Income Tax Professionals/ITP in some past ratings). These services handle preparation and lodgement by registered tax agents, which can be reassuring if you want someone to review deductions.

Year-Round Tax Management Apps

If you want ongoing tracking rather than just end-of-year lodgement:

• TaxTank is frequently highlighted for individuals (especially with multiple income streams like employment + rentals, shares, crypto, or sole trader work). It connects bank feeds via Open Banking, tracks deductions in real time, and calculates your estimated tax position throughout the year using Australian rules. Pricing starts low (around $6/month or annual plans), with optional lodgement add-ons.
• The ATO’s own myDeductions (in the ATO app) is a solid free alternative for basic receipt/expense tracking that feeds into myTax.

For Sole Traders, Freelancers, or Small Businesses

• Hnry is popular for its “set-and-forget” approach: it handles invoicing, automatically calculates and sets aside tax (including GST/PAYG), and lodges returns/BAS for a fee of 1% of income (capped, plus GST). Ideal if you want tax admin fully managed.
• Xero, MYOB, and QuickBooks Online dominate for bookkeeping, GST/BAS, invoicing, and payroll. Xero is often the most widely used cloud platform in Australia; MYOB has strong local roots and payroll features; QuickBooks is competitively priced. These integrate with accountants and help prepare figures for your tax return (you or your agent lodges the actual return).

Solo by MYOB or similar lighter plans suit simpler sole trader needs.

Quick Tips for Australians

• Simple salaried return? Start with myTax—it’s free and sufficient for most.
• Want help or have complexities? Use Etax or a similar online agent, or see a registered tax agent (especially if your affairs involve properties, investments, or business structures).
• Sole trader wanting minimal hassle? Consider Hnry.
• Ongoing tracking? TaxTank or myDeductions.
• Always use ATO-registered agents/services for paid lodgement. Keep records for at least 5 years, and check pre-fill data carefully.
• Deadlines are typically 31 October (or later with an agent), but lodge early for faster refunds.

Preferences depend on your situation (e.g., income complexity, need for support, or business features), so compare current pricing and features directly on the providers’ sites or the ATO website. If your tax affairs are complex, a qualified tax professional is often worth it for peace of mind and maximising legitimate claims.

The most widely used tax software in Australia falls into five categories, with top brands including Xero, MYOB, QuickBooks, Hnry, Thriday, Etax, One Click Life, and TaxTank, each serving different tax needs.

✅ What Australians Actually Use

Australians don’t use one “best” tax software — they choose based on whether they run a business, lodge a personal tax return, or want year‑round tax visibility. The main categories and examples come directly from the results:

Business accounting software — Xero, MYOB, QuickBooks Managed tax platforms — Hnry, Thriday Online tax return services — Etax, One Click Life Record‑keeping apps — ATO MyDeductions, ReceiptHub Real‑time tax management — TaxTank

📌 Top Brands & Who They’re Best For

Below is a structured breakdown using the categories identified in the results.

1. Business Accounting Software (Most common for small businesses)

These platforms track GST, lodge BAS, manage payroll, and integrate with accountants.

Xero — Best for growing small businesses needing bookkeeping + BAS in one place. MYOB — Best for budget‑conscious sole traders and micro businesses. QuickBooks Online — Best for businesses already using QuickBooks workflows.

Best for: GST‑registered businesses, payroll, invoicing, BAS lodgement.

2. Managed Tax Platforms (Hands‑off tax for sole traders)

These combine software with tax administration.

Hnry — Automatically sets aside tax and manages BAS for freelancers. Thriday — Similar hands‑off model for sole traders wanting automation.

Best for: Freelancers, contractors, sole traders who want tax handled automatically.

3. Online Tax Return Services (Annual lodgement)

These help individuals lodge their yearly tax return with a registered tax agent.

Etax — Online questionnaires + agent review. One Click Life — Simple online lodgement with agent support.

Best for: Employees, simple tax returns, people who lodge once a year.

4. Record‑Keeping Apps (Receipts & deductions)

These don’t calculate tax but help track expenses.

ATO MyDeductions — Official ATO app for receipts. ReceiptHub — H&R Block’s receipt tracking tool.

Best for: People who need to organise receipts but not lodge returns.

5. Real‑Time Tax Management Software (New category)

These apply Australian tax rules throughout the year.

TaxTank — Calculates tax position in real time, tracks deductions, and supports investors and individuals with multiple income streams.

Best for: Property investors, share/crypto investors, employees with side income, people wanting year‑round tax visibility.

📊 Quick Comparison Table

Category | Best For | Top Brands (from results) | Notes Business accounting | GST, BAS, payroll | Xero, MYOB, QuickBooks2 | Most widely used by small businesses Managed tax | Hands‑off sole traders | Hnry, Thriday1 | Automates tax set‑aside & BAS Online tax returns | Annual lodgement | Etax, One Click Life1 | Uses registered tax agents Record keeping | Receipts & expenses | MyDeductions, ReceiptHub1 | No tax calculation Real‑time tax | Year‑round tax visibility | TaxTank1 | New category; applies tax rules continuously 2 Sources2

⚠️ Important Considerations

Business accounting software ≠ personal tax software — Xero/MYOB/QuickBooks don’t calculate personal tax outcomes. Only registered tax agents can legally lodge returns for a fee. Software doesn’t catch judgement‑based tax mistakes — deductions, CGT, offsets still require human review.

✅ Simple Recommendations Based on Your Situation

Employee with deductions → Etax or One Click Life Freelancer/sole trader wanting automation → Hnry or Thriday Small business with GST/BAS → Xero or MYOB Property/share/crypto investor → TaxTank Just need receipt tracking → ATO MyDeductions or ReceiptHub

If you want, I can tailor recommendations to your exact situation (employee, investor, sole trader, business owner).

The best and most commonly used tax and accounting options in Australia depend on whether you are lodging an individual return or managing business compliance:

1. For Individual Tax Returns (Personal)

ATO myTax: The official, free, and most widely used online platform provided by the Australian Taxation Office (ATO) via myGov. It pre-fills your income data from employers, banks, and health funds, making it ideal for the vast majority of Australians with straightforward tax situations. ATO myTax: TaxFox App: A popular mobile-focused tax app in Australia designed to help individuals automatically track expenses and identify overlooked work-related deductions to maximize returns. TaxFox App: Commercial & Guided Platforms: Services like GoTax offer a more step-by-step, fee-based guided experience for individuals who prefer extra assistance outside of myTax. GoTax

2. For Small Business & Corporate Accounting / Tax Compliance

Xero: The market-leading cloud accounting platform heavily used by Australian small-to-medium businesses and accountants for invoicing, bank reconciliation, and BAS (Business Activity Statement) reporting. MYOB: A long-standing staple in the Australian market offering comprehensive local compliance, payroll, and tax reporting tools tailored for local businesses. HelloBooks.ai: An emerging AI-powered accounting and bookkeeping tool built specifically for Australian compliance, GST tracking at 10%, and automated categorization. You can explore the platform's features on the HelloBooks.ai Website. MyLedger: Tailored for Australian accounting practices focusing on cash basis reporting, complete ATO portal integration, and automated working papers. Learn more about its features via the Fedix Website.

If you let me know whether you are filing a personal individual return or managing business/sole trader taxes, I can recommend the exact features or steps to look out for.

In Australia, "tax software" looks a bit different depending on whether you are an individual filing your own personal return, a sole trader/small business managing GST and BAS, or an accounting practice.

Australians generally rely on a distinct set of market-leading platforms and government tools that people actually use.

1. For Individuals (Personal Tax Returns)

myTax (via myGov) What it is: The Australian Taxation Office’s (ATO) official, free online lodgment system. Why people use it: It is completely free, highly secure, and automatically pre-fills a massive amount of your data directly from your employers (Income Statements/PAYG), banks, health funds, and government agencies. For 90% of everyday employees with simple salary, interest, and standard deduction profiles, paid software is unnecessary. Etax / ClearTax / Similar online guides What it is: Commercial third-party online tax agents/lodgment platforms. Why people use it: If individuals want extra hand-holding, maximum deduction guidance, or an accountant to review their self-prepared return before final lodgment, they use these paid alternatives.

2. For Small Businesses, Sole Traders & Contractors

If you run a business, you don't just file an annual income tax return—you handle bookkeeping, invoicing, expenses, Single Touch Payroll (STP), and quarterly Business Activity Statements (BAS).

Xero The Vibe: The heavyweight champion born in New Zealand/Australia, used by the vast majority of small-to-medium Aussie businesses and accountants. Why people use it: Unrivaled integration with Australian banks, fully ATO-approved for STP payroll, and seamlessly links up day-to-day bookkeeping with BAS and tax time prep. MYOB (Mind Your Own Business) The Vibe: The long-standing Australian stalwart. Why people use it: Deeply embedded in the Australian market for decades. It handles robust inventory, complex payroll, multi-currency, and local tax compliance exceptionally well, making it a favorite for larger small businesses and local trade/manufacturing operations. QuickBooks Online The Vibe: Intuit’s global powerhouse tailored heavily for the Australian market. Why people use it: Excellent mobile receipt tracking, strong invoicing automation, and user-friendly interfaces for freelancers and micro-businesses wanting robust tax and expense categorisation. Reckon One The Vibe: A budget-friendly, modular Australian-owned alternative. Why people use it: Great for sole traders, tradies, or very small operations who want ATO/STP compliance without paying for features they don’t use.

3. For Accountants and BAS Agents (The Professional Level)

If you aren't doing it yourself, your registered tax agent or accountant is likely using enterprise ecosystems like Xero Tax, MYOB Practice, or Sage to securely interchange data and lodge on your behalf.

To narrow down which option fits you best, tell me:

Are you looking to lodge a personal individual return or manage business/sole trader accounts? Do you currently use an accountant, or are you planning to self-lodge?