CloudTax vs TaxDown

CloudTax is tax-filing software from CloudTax Inc., based in Toronto, Ontario. It supports self-guided filing and options with review or preparation, and completed returns are submitted to the CRA through NETFILE. The Free plan supports simple tax situations and up to two returns; users can choose to pay even $0. Plus costs $39 a year and allows up to 20 returns from one dashboard. The software supports self-employment, investment, and rental income. It can import CRA slips, use AI to extract details from scanned or uploaded tax documents, and connect with Koinly crypto taxes and CloudReceipts. CloudReceipts captures, categorizes, and manages receipts and syncs expenses for deductions. CloudTax is available on iOS and Android, with web and mobile access. Tax data is encrypted on its servers, and CloudTax says it shares information only with the CRA when the user submits a return through NETFILE. Support options include live chat, email, video tutorials, and tax experts. CloudTax has been CRA-certified since the 2018 tax year.

TaxDown lets people prepare and submit Spanish income tax returns online from a phone or computer. It is available on Android, iOS, and web, and can import tax details using Cl@ve PIN, a digital certificate, or a reference number. Its Rita engine selects applicable questions and checks more than 250 deductions and allowances; an expert reviews each return before submission. The service covers employment income, self-employment, rental income, investments, and tax notices. For rentals, it calculates income and expenses and identifies deductible costs and exemptions; for investments, it calculates gains and losses and integrates investment platforms. The Free plan calculates a result but does not include expert review or filing. PRO costs €35 a year and includes one return, expert review, filing, and basic support. LIVE costs €45 a year and adds advisers by chat or WhatsApp; FULL costs €65 a year and adds a personal adviser and review of the last four returns. FULL is unavailable under the regional tax regime and excludes traceability and second residence-procedure filings.