Top five tax automations in Australia in 2022
Tax time doesn’t need to be arduous. Here are the top 5 tax automations for Australians in 2022:
- Lodge your tax return online with myTax. Prepare and lodge your own tax return online quickly, safely and securely.
- Use cloud accounting software such as Xero that connects to your business bank account to manage your business finances. With Xero, you can send invoices, do bank reconciliation, pay bills, capture expenses, accept payments, track projects, calculate GST, submit BAS and much more.
- Automate your receipt tracking with an app like receipt scanner. Simply hold it above a receipt and watch as it magically detects, crops and automatically extracts the key information from a receipt.
- Accept payments and send payouts online easily with Stripe. Stripe is compatible with almost every piece of software out there.
- Your car logbook. Easy and automated trip logging. Accurate and ATO compliant car logs. All you need is your phone, and you’re good to go.