A sole trader with combined PAYG and business income struggles to set up a clear budgeting and tax savings system now that all funds are in one offset account instead of separate buckets.

No solution mentioned; the user is manually planning transfers and guessing percentages, lacking a purpose-built tool that separates income streams in one account.

Severity

2Mild

Willingness to Pay

implied

Added

May 15, 2026

Workarounds Described

manually calculating tax set-aside percentage (20-30% of monthly net profits)
planning to transfer a set amount for tax into the offset each fortnight

Implied Software Gaps

automated income splitting and tax reserve calculation tool that works with single offset account

App Concept

BucketFlow: Split Income Manager

BucketFlow is a mobile-first app that hooks into your bank account and automatically splits incoming funds into virtual buckets (PAYG, business profit, tax reserve, bills, savings) based on your rules. It gives you real-time visibility of how much is available for each purpose without needing separate accounts.

Key Features

Auto-categorize bank transactions by income type (PAYG vs business)
Customizable percentage splits for tax savings, profit withdrawals, and savings goals
Offset account integration to track all buckets in one balance
Payroll-like 'pay yourself' scheduling with reminders

Target Users: Sole traders and freelancers in any industry (e.g. trades, consulting) with both employment and self-employment income, typically 1-5 person operations.

Revenue Model: $9.99/mo SaaS subscription for up to 5 buckets; $19.99/mo for unlimited buckets and advanced reporting.

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