Is Soldo or TaxAct better?

Neither clearly leads. Soldo starts at £21/month and TaxAct at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Soldo or TaxAct?

TaxAct has a free tier; the other does not. Paid plans start at £21/month for Soldo and Free for TaxAct.

Does Soldo or TaxAct run on more platforms?

Soldo runs on Web, iOS, Android. TaxAct runs on Web.

Can I use TaxAct for free?

Yes. TaxAct has a free tier, so you can try it without paying. Soldo starts at £21/month.

What is Soldo best used for?

Soldo is most often used for a construction firm giving site managers fuel and materials cards with hard per-card limits, a marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billing, a uk company that cannot get approved for a credit-based corporate card programme, a multi-entity european business needing eur and gbp wallets without conversion on every purchase. Of those, a construction firm giving site managers fuel and materials cards with hard per-card limits and a marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billing are not what TaxAct is typically brought in for.

What can Soldo do that TaxAct cannot?

Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.

Accounting · head to head

Soldo vs TaxAct

Soldo

Accounting

Prepaid company card and spend control platform for European businesses

From: £21/month
Rated: -

Full review Website

TaxAct

Accounting

Get your maximum refund, guaranteed

From: Free
Rated: -

Full review Website

The short version

Only TaxAct has a free tier, so it costs nothing to try first.
Each has a real cost: Soldo cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.; TaxAct free edition available only to approximately 40% of filers
Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Soldo and TaxAct actually diverge.

Attributes where Soldo and TaxAct differ
Attribute	Soldo	TaxAct
Starting price	£21/month	Free
Pricing model	Per user per month	one-time
Free tier	No	Yes
Platforms	Web, iOS, Android	Web

Identical on both: user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Soldo

Prepaid company cards
Card-level budgets
Receipt capture
Accounting export
Multi-currency wallets
Approval workflows

Only in TaxAct

Nothing recorded that Soldo does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Soldo

A construction firm giving site managers fuel and materials cards with hard per-card limitsnot TaxAct
A marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billingnot TaxAct
A UK company that cannot get approved for a credit-based corporate card programmenot TaxAct
A multi-entity European business needing EUR and GBP wallets without conversion on every purchasenot TaxAct

TaxAct

Individual tax filingnot Soldo
Self-employed tax preparationnot Soldo

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Soldo

Cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
The plan fee covers only three users, and per-user charges plus physical card fees mean the real monthly cost is several times the advertised headline for a team of twenty.
It does not extend credit, so it gives no working capital benefit and no card rewards of the kind US charge card issuers use to offset their cost.
Sole traders and some business types are not accepted, which catches out small consultancies expecting to sign up online.
Coverage is European; a company with US or Asian subsidiaries will need a second card programme and a second expense workflow for them.

TaxAct

Free edition available only to approximately 40% of filers
Pricing excludes separate state filing fees
Xpert Full Service pricing available on request only

Pricing, plan by plan

Soldo

£21/month

Standard$21/month
- Three users included
- Around £7 per additional user per month
- Physical card issuance fee around £5, virtual around £1
Plus$33/month
- Three users included
- Around £11 per additional user per month
- Advanced approval and multi-currency features
Enterprise$undefined/month
- Quoted pricing
- Custom card volumes and entity structures
- Dedicated account management

TaxAct

Free

Free EditionFree
- W-2 income
- Unemployment
- Basic credits and deductions
Deluxe$59.99/tax-year
- All Free Edition features
- Home ownership deductions
- Childcare and dependent care
Premier$99.99/tax-year
- All Deluxe features
- Investment income and capital gains
- Cryptocurrency reporting
Self-Employed$109.99/tax-year
- Complete business support
- For contractors, freelancers, and sole proprietors

Which should you pick?

Choose Soldo if

You need prepaid company cards.
You work on Web, iOS, Android.
You also want card-level budgets.

Soldo review

Choose TaxAct if

You want to start without paying.

TaxAct review

Questions people ask

Is Soldo or TaxAct better?: Neither clearly leads. Soldo starts at £21/month and TaxAct at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Soldo or TaxAct?: TaxAct has a free tier; the other does not. Paid plans start at £21/month for Soldo and Free for TaxAct.
Does Soldo or TaxAct run on more platforms?: Soldo runs on Web, iOS, Android. TaxAct runs on Web.
Can I use TaxAct for free?: Yes. TaxAct has a free tier, so you can try it without paying. Soldo starts at £21/month.
What is Soldo best used for?: Soldo is most often used for a construction firm giving site managers fuel and materials cards with hard per-card limits, a marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billing, a uk company that cannot get approved for a credit-based corporate card programme, a multi-entity european business needing eur and gbp wallets without conversion on every purchase. Of those, a construction firm giving site managers fuel and materials cards with hard per-card limits and a marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billing are not what TaxAct is typically brought in for.
What can Soldo do that TaxAct cannot?: Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.

Answered from the vendors’ own pages

Soldo: Is Soldo a credit card?

No. It is prepaid electronic money. You fund a wallet and cards spend from it, so there is no credit line and no interest-free period.

TaxAct: How much does TaxAct cost?

TaxAct offers a free edition for approximately 40% of filers, Deluxe at $59.99, Premier at $99.99, and Self-Employed at $109.99 per tax year.

Source

Soldo: What licence does Soldo hold?

Soldo is authorised as an electronic money institution, including UK, Irish and Italian entities, which is why it can issue cards without a sponsor bank in those markets.

TaxAct: Is TaxAct truly free for eligible filers?

Yes, TaxAct's Free Edition is available at no cost for W-2 employees, students, and filers meeting basic income and deduction requirements.

Source

Soldo: What does it really cost for twenty users?

Take the plan fee, add the per-user rate for the seventeen users beyond the included three, then add card issuance fees per physical card.

TaxAct: What is the difference between Premier and Deluxe plans?

Premier adds support for investment income, capital gains, cryptocurrency, rental properties, and home sale reporting compared to Deluxe.

Source

Soldo vs TaxAct

Soldo

TaxAct

The short version

Where they differ

What each one covers

Only in Soldo

Only in TaxAct

What people use each for

Soldo

TaxAct

Where each one falls short

Soldo

TaxAct

Pricing, plan by plan

Soldo

TaxAct

Which should you pick?

Choose Soldo if

Choose TaxAct if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Soldo

More on TaxAct

Keep looking

Other head to heads