Comparison guide

Receipt apps compared: TaxBoy vs MyDeductions vs Etax vs spreadsheet

A plain-English comparison for salaried Australians.

7 min readPeople choosing a record-keeping workflowReviewed 28 Apr 2026
Receipt-keeping comparison flat lay: smartphone app, handwritten notebook, printed spreadsheet and a kraft envelope of paper receipts

Quick checklist

  • Choose a tool for collecting receipts all year.
  • Choose a separate tool or adviser for lodging.
  • Avoid workflows that depend on June motivation.
  • Export data in a format your accountant can review.

TaxBoy is the deductions inbox

TaxBoy is not a tax agent and not accounting software. It is a private place to forward receipts all year, categorise them, and export a clean pack.

That narrow job matters because most salaried workers do not need a full business accounting system. They need to stop losing evidence.

Where other tools fit

Use myDeductions if you want to keep records inside the ATO ecosystem. Use Etax or an accountant if you want help lodging. Use a spreadsheet if you already have the discipline to update it every week.

The problem is that most people do not fail because the spreadsheet was wrong. They fail because they stopped opening it.

Use the right tool

Use Etax or an accountant to lodge. Use business accounting software for BAS/GST. Use TaxBoy when your pain is missing receipts and messy deductions.

A good EOFY workflow has two parts: capture evidence during the year, then lodge with the right adviser or software.

Quick comparison

TaxBoy

Best forForwarding receipts all year and exporting an accountant-ready evidence pack.

Watch outDoes not lodge your return or replace tax advice.

myDeductions

Best forKeeping records directly in the ATO ecosystem.

Watch outStill relies on you remembering to enter and maintain records.

Etax or accountant

Best forPreparing and lodging the return with professional help.

Watch outYou still need clean receipts and notes before they can help.

Spreadsheet

Best forPeople with a disciplined weekly admin habit.

Watch outFlexible, but easy to abandon until June.

Receipts to search for

TaxBoy: forward receipts and export an evidence pack.
myDeductions: ATO record keeping inside the ATO ecosystem.
Spreadsheet: flexible, but easy to neglect.
Sign up freeForward receipts as they arrive and export a clean evidence pack at EOFY.Continue

Sources

Last reviewed 28 Apr 2026 by Kalana Vithana. TaxBoy is not a registered tax agent and this article is general information, not tax advice.