We use strictly necessary storage to run this site, and optional storage to attribute signups to referral links. See our Cookie Policy for details.
Xero is a beast for accountants. PlatformTaxHub is a streamlined engine for you, handling multi-currency platform income automatically.
Generic, Complex, Expensive
"Upgrade to Premium for Multi-Currency"
Automated, Unified, Clear
"Real-time net profit calculations for all income & expenses."
| Feature | PlatformTaxHub | 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. | Relies on generic bank feeds and third‑party integrations. | PlatformTaxHub |
| Manual entry | Manual entry available as an option. | Manual entry of invoices, bills and journals is standard. | Tie |
| CSV import | CSV import supported (up to 2MB). | CSV import for bank statements and transactions 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. | Uses a full chart of accounts. | PlatformTaxHub |
| Tax estimation | Continuous, year‑round tax estimates based on net profit. | Supports tax via reports/add-ons. | PlatformTaxHub |
| Country‑specific allowances | Applies country‑specific allowances and tax rates. | Tax logic mostly lives outside Xero. | PlatformTaxHub |
| Compliance checklist | Built‑in compliance checklist showing key tasks and deadlines. | No dedicated personal compliance checklist. | PlatformTaxHub |
| KPI & Snapshot | KPI and financial snapshot with revenue, net profit, and effective tax rate. | Dashboards and many accounting reports. | Tie |
| AI analysis & strategy | Integrated AI analysis including platform fee savings and earnings optimisation. | No native AI analysis for platform‑specific fee savings. | PlatformTaxHub |
| Cross‑border tax recovery | Highlights cross‑border tax recovery and savings opportunities. | Cross‑border tax strategy is handled externally. | PlatformTaxHub |
| Multi‑currency & FX | Tracks multi‑currency income and converts into a coherent view. | Multi‑currency accounting (160+ currencies) in premium plans. | Xero |
| Bookkeeping depth | Lightweight bookkeeping focused on platform earners. | Full double‑entry accounting. | Xero |
| Automation & integrations | Focused on platform connections and automated aggregation. | 1,000+ app integrations. | Xero |
| Reports | Advanced income, expense, tax and KPI reports tailored to multi‑platform earnings. | 55+ accounting reports. | Xero |
| Data exports | Exports to PDF and CSV for summaries, reports and key documents. | Exports to Excel/Google Sheets. | Tie |
| Learning & regulations | Integrated regulations hub and learning hub. | Generic help centre. | PlatformTaxHub |
| Ideal users | Creators, gig workers, side‑hustlers, freelancers. | Small businesses, limited companies. | Depends on user |
| Overall best fit | Best for simple, tax‑aware control centre. | Best for full business accounts. | Depends on user |
Join thousands of platform earners who have moved away from cloud accounting software.
Get Started for FreeNo credit card required for 7-day trial.