Estimate how much time and tax you could save by automating your receipts
Estimate how much time and tax you could save by automating your receipts
Estimate how much time and tax you could save by automating your receipts
These calculations provide illustrative estimates only and are not tax advice. Actual savings depend on your individual circumstances, spending patterns, and local tax regulations. Consult with a qualified tax professional for personalized guidance.
These calculations provide illustrative estimates only and are not tax advice. Actual savings depend on your individual circumstances, spending patterns, and local tax regulations. Consult with a qualified tax professional for personalized guidance. To view how these calculations are created, please visit this website via a desktop browser.
These calculations provide illustrative estimates only and are not tax advice. Actual savings depend on your individual circumstances, spending patterns, and local tax regulations. Consult with a qualified tax professional for personalized guidance. To view how these calculations are created, please visit this website via a desktop browser.
GEt started for free
Never Lose a Deduction Again.
Start Using Terrapin Today.
Join freelancers and small business owners using Terrapin to automatically find, classify, and report receipts—effortlessly.
Get Started
GEt started for free
Never Lose a Deduction Again.
Start Using Terrapin Today.
Join freelancers and small business owners using Terrapin to automatically find, classify, and report receipts—effortlessly.
Get Started for Free
GEt started for free
Never Lose a Deduction Again.
Start Using Terrapin Today.
Join freelancers and small business owners using Terrapin to automatically find, classify, and report receipts—effortlessly.
Get Started for Free
Time savings: Terrapin automates 70% of receipt tracking tasks. Based on your monthly hours spent on receipts (6h) and hourly rate ($50), this saves you 50.0 hours annually, worth $2,520.
Tax deduction capture: We estimate 30% of your revenue ($75,000) consists of deductible expenses. With "Okay" organisation, you're currently missing 15% of those deductions. Terrapin reduces missed deductions to just 5%, capturing an additional $1,350 in expenses, saving you $297 in tax at your 22% rate.
Net benefit: Your total annual benefit of $2,817minus Terrapin's subscription cost of $150equals a net annual benefit of $2,667.
Long-term projection: The 10-year chart assumes 5% annual growth in your business, compounding the savings over time to show the cumulative financial impact.