For taxi and hire-car operators
Bookkeeping for taxi operators means money moving both ways: shift and lease payments arriving from drivers, and fuel, servicing, insurance, registration and fees going out. Fin keeps the business’s books in their own account apart from yours, recognises the repeating payments, matches the receipts, and keeps GST on each transaction, so one cab or several reads as a single clear set of numbers.
Sign-up asks whose books these are, and “my business” is one of the answers. The cab business then has its own account fed by its own bank account, so your own spending never mixes into the numbers your accountant reads.
Payments from drivers arrive in the bank feed and are categorised as they land. A weekly payment from the same driver is recognised as a repeating one, so a missed payment stands out against the pattern.
Photograph a repair invoice, a fuel-card statement or an insurance renewal and it is read and matched to the payment. Rules tag the regular ones as they arrive, so the same supplier is treated the same way each time.
The year-end pack gives your accountant a workbook, a one-page summary and the receipts. Or, if your accountant uses 2Fin’s Practice workspace, they invite you, and once you accept they can read a summary for each financial year: every read is logged, and you can revoke access whenever you like.
Who registers for GST in a taxi business depends on who is doing what, and the answer changes the books.
An owner who drives shifts and carries on the taxi enterprise generally has to be registered for GST whatever the turnover, and reports monthly or quarterly. 2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.
An owner who only leases out the licence and cab is not supplying taxi travel, and can generally choose whether to register while turnover stays under $75,000. Which side of that line you sit on is worth settling with a tax agent. 2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.
A driver who keeps none of the takings and is paid a set amount is generally an employee, and then the employer is treated as the provider of the taxi travel and registers. Most drivers instead pay a lease or shift amount and keep the takings. 2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.
Capital gains tax arrived in Australia on 20 September 1985 — and anything bought before that day is still exempt as a 'pre-CGT asset', four decades on.
Wikipedia: 'A capital gains tax (CGT) was introduced in Australia on 20 September 1985'; 'Any asset acquired before 20 September 1985, known as a pre-CGT asset' is outside the tax. The family home is 'the most significant' of the exemptions.
The 5% rate was never a UAE decision alone — it was locked in by a treaty: the 2016 GCC Unified VAT Agreement that bound all six Gulf states to a common framework, with the UAE and Saudi Arabia flipping the switch together on 1 January 2018.
Saudi Arabia later broke ranks and tripled its rate to 15% in July 2020 to plug a COVID-era deficit; the UAE kept its 5%.
2Fin is free to start. Premium is US$23 a month (US$222 a year), ELITE+ is US$42 a month (US$420 a year) and AUTO+ is US$54 a month (US$555 a year), billed in US dollars.
Hover, tap or tab to any underlined feature to learn more.
For getting every record in one place, at no cost.
Included
For employees and sole traders who want every deduction found and the busywork done.
Everything in Free, plus
For businesses and accountants who lodge, report and keep the books.
Everything in Premium, plus
For owners who want receipts and reports to arrive on their own.
Everything in ELITE+, plus
Swipe to see every plan
| Feature | FREEUS$0 | PREMIUMUS$23 / month | ELITE+US$42 / month | AUTO+US$54 / month |
|---|---|---|---|---|
| Capture | ||||
| Statement uploads into bucketsCSV, Excel or PDF. On the free desktop app, statements come in through the CSV import instead | Included | Included | Included | Included |
| Live feeds from your own sheet or bank-feed accountA Google Sheet, or a provider account you hold such as SimpleFIN or BankSync | Included | Included | Included | Included |
| Photo and PDF receipts, read and matchedRead in the language they are printed in | Not included | Included | Included | Included |
| Forward receipts by email | Not included | Not included | Not included | Included |
| Organise | ||||
| Transactions, categories and bills in one placeIncluding recurring payments | Included | Included | Included | Included |
| Upcoming bills, pay days and money you are owedPayments matched to what you are owed as they land | Included | Included | Included | Included |
| Daily burn rate | Included | Included | Included | Included |
| Cash flow forecast for the next 30, 60 or 90 days | Not included | Not included | Included | Included |
| Budgets against what you actually spent | Included | Included | Included | Included |
| Travel and vehicle trips | Included | Included | Included | Included |
| Properties: what each one really costsRented, business and private parts | Included | Included | Included | Included |
| Clubs and charities: funds, members and eventsGift Aid donors for UK charities and CASCs | Included | Included | Included | Included |
| Automatic categories | Not included | Included | Included | Included |
| Your own categorising rules | Not included | Included | Included | Included |
| Spending and bills analytics | Not included | Included | Included | Included |
| Views by project, client or tax purposeCalled Lenses in the app; the Properties lens is built in on every plan | Not included | Not included | Included | Included |
| Tax | ||||
| Tax analysis that knows your situation | Not included | Included | Included | Included |
| Tax exports, including ATO myDeductions | Not included | Included | Included | Included |
| Tax reports and summaries | Not included | Not included | Included | Included |
| BAS, VAT and GST statements | Not included | Not included | Included | Included |
| Asset register, depreciation, profit & loss and TPAR | Not included | Not included | Included | Included |
| Property write-offs and scheduleDepreciation, capital works, a schedule for your accountant | Not included | Not included | Included | Included |
| Automate | ||||
| Ask Fin about your money | 25 messages a month | Unlimited | Unlimited | Unlimited |
| Fin reads the files you upload | Not included | Included | Included | Included |
| Fin, your assistant, with its own workspace | Not included | Not included | Included | Included |
| Your week in review, on the dashboard | Included | Included | Included | Included |
| Signed webhooks for Zapier, Make and n8n | Not included | Not included | Not included | Included |
| Reports emailed on the schedule you set | Not included | Not included | Not included | Included |
| Share | ||||
| Push to Google Sheets, Excel, Notion or AirtableBank-feed transactions included | Not included | Not included | Included | Included |
| Send transactions to Xero or QuickBooks OnlineCoded, with the receipt attached | Not included | Not included | Included | Included |
| Practice workspace for accountantsYour clients can be on any plan | Not included | Not included | Included | Included |
| Team access with rolesViewer, bookkeeper or admin; teammates need no plan | Not included | Not included | Included | Included |
| Connect Claude or ChatGPT, with the access you approveWhat they can read follows your plan | Included | Included | Included | Included |
| Desktop app, with your data on your machine | Included | Included | Included | Included |
Enterprise-grade data control is the default here — on every plan.
Your records can stay on your own machine or in your own cloud, telemetry stays off unless you turn it on, and Fin keeps an auditable record of everything it sends. Enterprise adds the people and the paperwork: dedicated support, custom deployment and reviews for large-scale operations.
Verify it yourselfNot necessarily. An owner who only leases out the licence and cab is generally not supplying taxi travel, and may choose to register while turnover is under $75,000. An owner who also drives shifts generally must register whatever the turnover. The line between the two is worth confirming with the ATO or a registered tax agent. 2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.
When a driver keeps none of the takings and is paid a fixed amount, the ATO generally treats them as an employee, and the employer is the provider of the taxi travel, so the employer registers for GST. Payroll obligations come with that arrangement, which sits outside what 2Fin handles. 2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.
All of the business’s transactions live in one set of books. To see one cab apart from another, categorise or tag its costs and lease payments per vehicle; a rule tied to one supplier or driver then applies every time that supplier or driver pays. Where several cabs buy from the same supplier, such as one fuel station, a supplier rule cannot tell them apart, so those payments need another distinguishing rule or a manual tag.
Yes, if your accountant uses 2Fin’s Practice workspace. Your accountant sends the invitation, and once you accept, they can read a summary for each financial year. Every read is logged, and you can revoke access at any time. The year-end pack is there when they prefer a file. Their practice needs an ELITE+ or AUTO+ plan; your own plan can be any plan.
Keep the system you already use for those. 2Fin keeps the business’s books: money in, money out, GST and receipts. Dispatch, meters, bookings and payroll stay with the tools built for them, and the payments they produce arrive in the books like any other.
One account, two lives, already sorted
For freelancersKnow what’s yours to keep, every month
For contractorsEvery job costed by the time you’re home
For tradiesThe glovebox receipts, already sorted
For small businessMonth-end that’s already done
For growing businessesOne set of transactions, sliced every way that matters
For studentsMoney that still exists in week four
For creatorsEvery payout in one number, gear and all
For artists & musiciansThe gig fee, the gear, the agent’s cut
For rideshare & delivery driversEvery shift adds itself up
For taxi driversEvery kind of takings, counted
For accountants and bookkeepersRead-only client summaries, every read logged; year-end in one pack
For employeesWork expenses found, your refund in view
For employees with a side businessOne salary, one business, one tax estimate
For property investorsKnow what every property really costs you
For club treasurersThe club’s money in books of its own, ready for the AGM
For small charitiesRestricted grants kept apart, and the examiner’s figures ready
Let Fin handle the busywork while you get on with what matters.
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