Tax Leopard has shut down - What next?

January 22, 2026
5
minutes to read
by
Justin Bohlmann
Table of Contents

The recent shutdown of Tax Leopard has left many small business owners, contractors, and sole traders unsure about what to do next. When a financial platform stops operating, it is more than an inconvenience. It can interrupt cash flow visibility, delay tax reporting, and create uncertainty at a time when clarity matters most.If you were relying on Tax Leopard to manage your tax or financial obligations, now is the right time to move to a stable, modern alternative. This blog explains why continuing without an accounting platform can create real risks, and how Thriday helps customers switch smoothly and get back to running their business with confidence.

Why going without an accounting platform creates problems

When an accounting or tax service shuts down, the impact is not always immediate. The real issues tend to surface weeks or months later, often at the worst possible time.

Without an active accounting platform:

  • Transactions are no longer tracked consistently.
  • Income and expenses become harder to reconcile.
  • GST, PAYG, and income tax estimates lose accuracy.
  • Records needed for BAS or tax returns can be incomplete.
  • Business owners lose visibility over cash flow and profitability.

For many small businesses, this leads to rushed clean-ups at tax time, higher accounting costs, and avoidable stress. In some cases, missing or inaccurate data can result in late lodgements or unexpected tax bills.

The safest option is to move quickly to a platform that keeps everything up to date in real time, rather than trying to piece things together later.

Thriday v Tax Leopard

Compared to Tax Leopard, Thriday is fundamentally more powerful because it doesn’t just help at tax time – it runs the entire financial side of a small business, every day. Tax Leopard focuses primarily on tax lodgement, which means business owners still need separate tools for banking, bookkeeping, invoicing, payments, and tracking cash flow. Thriday replaces all of that with one fully integrated platform where your business bank account, card transactions, income, expenses, allocations, and tax obligations are automatically handled in real time. There are no bank feeds to set up, no spreadsheets to maintain, and no end-of-year scramble. Money is allocated as it’s earned, tax is tracked as you go, and your true financial position is always clear. For small business owners who want less admin, fewer tools, and more confidence, Thriday isn’t just better than Tax Leopard – it’s in a completely different league.

Why Thriday is better

Thriday was built to remove the financial admin that business owners dislike. Instead of stitching together a bank account, accounting software, spreadsheets, and a tax tool, Thriday brings everything into one platform. Thriday combines:

  • Business banking.
  • Accounting and bookkeeping.
  • Tax tracking and reporting.
  • Automation powered by artificial intelligence.

Because everything is connected, data flows automatically and continuously. There is no need to wait until month end or tax time to understand your financial position.

No bank feeds to set up, no delays

One of the most common frustrations business owners experience with traditional platforms is setting up bank feeds. These can take days to activate and even longer when multiple directors or signatories are involved.

With Thriday, there is no need to set up a bank feed. Transactions flow directly from your business bank account* and Visa Debit card* into the platform automatically. This means:

  • No manual uploads.
  • No waiting for feeds to activate.
  • No gaps in transaction data.

You simply earn money and spend money, and Thriday takes care of the rest.

Real-time tax tracking, not tax-time surprises

Thriday is designed to prevent tax stress before it starts. Income tax, GST, and other obligations are calculated as you go, based on real transactions rather than estimates or assumptions. This gives business owners:

  • Clear visibility over tax liabilities.
  • Fewer surprises at lodgement time.
  • Confidence that money set aside for tax is accurate.

Instead of reacting at tax time, Thriday helps you stay in control all year round.

Built for modern business owners

Thriday is cloud-based and designed for both web and mobile. You can check your financial position, send invoices, review transactions, or understand your tax position at any time.

Unlike older platforms that were built for accountants first, Thriday is purpose-built for business owners. Automation replaces manual bookkeeping, and artificial intelligence handles the repetitive work that usually requires ongoing accounting support.

Switching support to make the move easy

If you are impacted by the Tax Leopard shutdown, switching platforms might feel daunting. Thriday provides structured switching support to make the transition as smooth as possible.

This includes:

  • Guidance on getting started.
  • Help bringing across existing data where available.
  • Clear setup steps with no complex configuration.
  • Ongoing support from a team that understands small business.

The goal is simple: minimise disruption and help you get back to running your business quickly.

Moving forward with confidence

The shutdown of Tax Leopard is unfortunate, but it also presents an opportunity to move to a platform designed for the future of small business. Thriday provides stability, automation, and clarity in one place.

If you are looking for a reliable alternative that removes financial admin and keeps your business on track, Thriday is ready to help you make the switch and move forward with confidence.

DISCLAIMER: Team Thrive Pty Ltd ABN 15 637 676 496 (Thriday) is an authorised representative (No.1297601) of Regional Australia Bank ABN 21 087 650 360 AFSL 241167 (Regional Australia Bank). Regional Australia Bank is the issuer of the transaction account and debit card available through Thriday. Any information provided by Thriday is general in nature and does not take into account your personal situation. You should consider whether Thriday is appropriate for you. Team Thrive No 2 Pty Ltd ABN 26 677 263 606 (Thriday Accounting) is a Registered Tax Agent (No.26262416).

Why waste time on financial admin when Thriday can do it for you?

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