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.
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 Xero if you need full double-entry bookkeeping, payroll and VAT returns produced from the ledger, and especially if you already have an accountant or bookkeeper working inside your Xero file. Its reconciliation workflow, reporting depth and very large app ecosystem are built for running a company's accounts, and PlatformTaxHub is not attempting to replace any of that. If your accountant lives in Xero, moving off it would create far more work than it saves.
| 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 |
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 cloud accounting software.
Get Started for FreeNo credit card required for 7-day trial.