# TaxTool vs myProfit

The clearest difference is update cadence: myProfit at fortnightly against TaxTool's every 10 months. On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

TaxTool ships an update every 10 months, myProfit fortnightly. The most recent releases landed on October 25, 2026 and November 3, 2026 respectively.

## The numbers

| Metric | TaxTool | myProfit |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[4.8 (6 ratings)](https://appshunter.io/ios/app/myprofit/id1528398229/reviews)** |
| Number of ratings | — | **6** |
| Positive reviews | — | 30.9% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 10 months | **Fortnightly** |
| Monetization | — | Free |
| Size | 3 MB | 63 MB |
| Requires iOS | **14.4** | 15.0 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | +17 |
| Developer | [PAYSLIP SOUTH AFRICA (PTY) LTD](https://appshunter.io/developer/1474809542) | [Avenue Securities](https://appshunter.io/developer/1425140943) |

## What reviewers say

### TaxTool

[App page](https://appshunter.io/ios/app/taxtool/id1515003020)

**Features:** macOS Compatibility

**In-app purchases:** none


### myProfit

[App page](https://appshunter.io/ios/app/myprofit/id1528398229)

Simplify your stock market income tax calculations and track your investment portfolio online. Automatically update your portfolio with real-time quotes and calculate average purchase prices, including all fees. Supports investments in the US and crypto, with automatic B3 integration.

**Highlights:** Income tax calculation for stock market, Darf issuance, Investment portfolio tracking, Average price calculation, US investment portfolio tracking, Crypto investment tracking

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Good for IR declaration
- 👍 Useful for quick consultations
- 👍 Good investment management
- 👍 Facilitates IR declaration
- 👍 Useful for organizing contributions

**What reviewers complain about**

- 🐛 App doesn't open
- 🐛 Login issues
- 🐛 Slow updates
- 🐛 Frequent bugs
- 🐛 Synchronization problems

**Reported bugs**

- App does not open after updates
- App stuck on loading screen
- Login errors and failures
- Authentication errors
- App crashes or freezes

**Requested features**

- Add more broker integrations
- Add dark mode
- Add 'mark all as read' for notifications
- Add manual input for asset transfer fee
- Add quick view for asset quantity and average price


## Frequently asked questions

### Is TaxTool free?

TaxTool is free to download, with no in-app purchases.

### Is myProfit free?

myProfit is free to download, with no in-app purchases.

### Do TaxTool or myProfit have ads?

Neither TaxTool nor myProfit shows ads.

### Which is updated more often, TaxTool or myProfit?

TaxTool ships an update every 10 months, and myProfit fortnightly. Most recently, TaxTool was updated on October 25, 2026 and myProfit on November 3, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*