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Generic tools like QuickBooks and Xero break when you have multiple income streams, foreign currencies, and platform fees. We don't.
Built for a different job
"Upgrade to Premium for Multi-Currency"
Automated, Unified, Clear
"Real-time net profit calculations for all income & expenses."
Stay with QuickBooks or Xero if you need real company accounts: a full chart of accounts, journals, accruals, fixed assets, payroll and VAT or sales tax returns produced from the ledger itself. They are also the right choice if an accountant or bookkeeper already works inside your file, or if you sell physical goods and depend on stock, POS or the wider integration ecosystem. That depth is genuinely better than anything a lightweight income tracker can offer, and switching away from it to save a subscription would cost you more than it saves.
| Feature | PlatformTaxHub | QuickBooks / Xero | Best For |
|---|---|---|---|
| Primary focus | Multi‑platform income tracking, tax estimation and compliance for creators, gig workers, side‑hustlers and small/freelance businesses. | Cloud accounting software for small businesses needing double-entry bookkeeping, invoicing, and payroll. | Depends on user |
| Platform access | Multi‑platform access with a single dashboard aggregating income from multiple online platforms (gig, creator, marketplaces, hosts, etc.). | Relies on generic bank feeds and third‑party integrations; not natively focused on platform connections. | PlatformTaxHub |
| Manual entry | Manual entry available as an option, but product is designed around automated connects and uploads. | Manual entry of invoices, bills and journals is standard practice. | Tie |
| CSV import | CSV import supported (up to 2MB) for income and expense data. | CSV import for bank statements and transactions supported. | Tie |
| Automated aggregation | Automatically aggregates income across multiple online platforms into one combined view and timeline. | Aggregates via bank feeds; tailored to bank accounts rather than online platforms. | PlatformTaxHub |
| Standardised global categories | Uses standardised global income and expense categories across platforms to keep reporting consistent. | Uses a full chart of accounts; categories are complex and customisable. | PlatformTaxHub |
| Tax estimation | Continuous, year‑round tax estimates based on net profit and country‑specific rules. | Supports tax via reports/add-ons, but not focused on live personal tax estimates. | PlatformTaxHub |
| Country‑specific allowances | Applies country‑specific allowances and tax rates for supported countries to estimate tax. | Tax logic mostly lives outside the software in the accountant’s workflow. | PlatformTaxHub |
Independent research on how self-employed and platform earners actually manage their money.
of independent workers were not setting aside money each month for tax, and 49% were not making quarterly estimated payments.
Independent Economy Council survey of 1,000 independent workers, 2022were concerned they would end up owing more tax than they expected.
Independent Economy Council survey of 1,000 independent workers, 2022more, on average, is earned by creators running three or more revenue streams compared with those running one.
ShortsIntel, reported by SaaSUltraJoin thousands of platform earners who have moved away from generic accounting software.
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