An AI Tax Copilot As An Ultimate Assistant For Tax Professionals In Australia

This is the first AI Tax Copilot chatbot, serving as a powerful assistant to thousands of tax and finance professionals across Australia.

With a vision to empower professionals with cutting-edge Generative AI, PowerGate collaborated with the client to build the front-end, back-end, and API system for the product. This tool can effectively handle complex tax scenarios and provide reasoning behind its advice, made possible through the customization of ChatGPT’s core AI for tax applications. Furthermore, the AI assistant can also break down complicated tax issues into clear, actionable insights, making the work of tax experts easier and potentially saving both time and costs.

Meeting the key criteria of Accuracy, Efficiency, Adaptability, and Privacy & Security, the AI model has disrupted the tax industry and transformed the way people engage with tax processes. The vast and diverse database is a standout feature that contributes to personalizing responses, ensuring they are tailored to the specific situations users are facing. Additionally, users can easily be redirected to relevant legislation and laws thanks to the automatic reference checks. In 2024, the AI Tax Copilot outperformed over 250 startups across three rounds to secure third place in Australia’s inaugural AI Sprint.