Feature of the Week: Tax Tagging

When it comes to tax, there are various ways to track expenses and tax items. The problem is, this can be a very long and tedious process, generally left to the end of financial year. WLTH will allow you to simplify this process thanks to Tax Tagging.

As we spoke about last week, you have the ability to categorise your expenses, set up budgets and track how you are spending your money thanks to the digital portfolio manager. This week, we are going to look at tax tagging.

This is a feature that will simplify tax time giving you the ability to tag all claimable items throughout the year while the cost are fresh in your head. By consistently doing this throughout the year, it will ensure that you aren’t missing any items and it will simplify the end of financial year, making the time you spend with your accountant much more productive.

Do you want to find out more about Tax Tagging? Click here to visit the Tax Tagging Support page

Each week in the FinTech Five for Friday we will include a new feature to assist you to get the most out of your WLTH Digital Portfolio Manager.

If you haven't downloaded the WLTH app yet, it is available on the App Store and Google Play Store!