Features / Tax
See what tax may be coming.
Every transaction, pay run, and property statement can change your tax position. Myaccountant keeps the estimate close to your records, so tax is easier to follow before the year ends.
Features · Tax
Overview
By what you hold
People and pay
Meeting the ATO
Asking for help
For accountants
Tax, brought into view earlier.
A running estimate, per person.
For each person and business entity, Myaccountant tracks income, deductions, offsets, and the estimated amount payable or refundable. You get a working view before tax time arrives.
Deductions surfaced for review.
Work-from-home expenses, professional fees, vehicle running costs, education, and other possible deductions can be flagged for review, then applied to the estimate when accepted.
Who owes what, in a household.
For households with more than one taxpayer, Myaccountant separates the position per person. Rental income is split by ownership share. Salary stays with the person who earned it. Deductions are attributed per taxpayer.
What else the tax view can show.
-
Income by person — Salary, business income, rental income, investment income, and super contributions feed the view.
-
Deduction categories — Common deduction categories are mapped per person and per entity.
-
Offset handling — Low-income, senior and pensioner, dependant, and entity-specific offsets can be included where relevant.
-
Capital gains tracking — Property and investment sales are flagged for CGT review, with cost base and sale proceeds ready to check.
-
Quarterly PAYG instalments — If you pay PAYG instalments, the running position is visible against what has already been paid.
-
Year-to-date comparison — Compare the same period last year with this year, so changes are easier to understand.
The reports that come with it.
-
Tax Estimate Summary — Current running estimate per taxpayer, with income, deductions, offsets, and net position.
-
Deduction Schedule — Claimed deductions, supporting transactions, and confidence levels in one place.
-
ATO risk flags — Transactions and patterns that may need review, such as large repairs, GST inconsistencies, or unusual spikes.
-
Plain-English narrative — Commentary on what changed in the tax position, such as a higher estimate caused by lower deductions or higher business income.
Understand the rest of the picture.
Every feature follows the same principle: show what matters, keep the detail available, and make the next step clear. Browse the full Features library to see how the product fits together.