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Wave is a great free tool, but it requires manual work for platform income. PlatformTaxHub automates the complexity for a small monthly fee.
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 Wave if your business is simple and cost is the deciding factor. Its free tier gives you genuine double-entry accounting, invoicing and standard financial reports at no charge, which is very hard to beat when you have one income stream, one currency and a manageable number of transactions. In that situation, paying for anything else means paying for complexity you do not have.
| Feature | PlatformTaxHub | Wave | Best For |
|---|---|---|---|
| Primary focus | Multi‑platform income tracking, tax estimation and compliance for creators, gig workers, side‑hustlers and small/freelance businesses. | Free accounting software for small businesses. | Depends on user |
| Platform access | Multi‑platform access with a single dashboard aggregating income from multiple online platforms. | Bank feeds. | PlatformTaxHub |
| Manual entry | Manual entry available as an option. | Manual entry supported. | Tie |
| CSV import | CSV import supported (up to 2MB). | Supported. | Tie |
| Automated aggregation | Automatically aggregates income across multiple online platforms. | Aggregates via bank feeds. | PlatformTaxHub |
| Standardised global categories | Uses standardised global income and expense categories. | Chart of accounts. | PlatformTaxHub |
| Tax estimation | Continuous, year‑round tax estimates based on net profit. | None. | PlatformTaxHub |
| Country‑specific allowances | Applies country‑specific allowances and tax rates. | None. | 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 free accounting software.
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