Abstract Quantitative structure activity relationships (QSAR) modelling is a well-known computational tool, often used in a wide variety of applications. Yet one of the major drawbacks of conventional QSAR modelling tools is that models are set up based on a limited number of experimental and/or theoretical conditions. To overcome this, the so-called multitasking or multi-target QSAR (mt-QSAR) approaches have emerged as new computational tools able to integrate diverse chemical and biological data into a single model equation, thus extending and improving the reliability of this type of modelling. We have developed QSAR-Co-X, an open source python−based toolkit (available to download at https://github.com/ncordeirfcup/QSAR-Co-X) for supporting mt-QSAR modelling following the Box-Jenkins moving average approach. The new toolkit embodies several functionalities for dataset selection and curation plus computation of descriptors, for setting up linear and non-linear models, as well as for a comprehensive results analysis. The workflow within this toolkit is guided by a cohort of multiple statistical parameters along with graphical outputs onwards assessing both the predictivity and the robustness of the derived mt-QSAR models. To monitor and demonstrate the functionalities of the designed toolkit, three case-studies pertaining to previously reported datasets are examined here. We believe that this new toolkit, along with our previously launched QSAR-Co code, will significantly contribute to make mt-QSAR modelling widely and routinely applicable.