TextBox is a native plugin that creates a perfectly sized, customisable shape behind your text that updates automatically and is applied directly to the text layer so no need for parenting, mattes or expressions.

v2 New Features:
Polygon mode
Customisable expansion (width, height, left, right, top, bottom)
Negative expansion
Individual edge rounding
Gradient options (linear, radial, individual gradient opacity)
New matting options
Border dashes & line cap options (butt & rounded)
8, 16 & 32bpc compatible
Better rotation mechanics (compatible with parented transforms)