Deposit Tax is a compound interest calculator for bank deposits, designed for personal financial planning on iOS.
The App DNA
What makes this app unique?
It removes the manual effort of calculating compound interest with recurring contributions and tax deductions, serving users who need to model specific deposit scenarios.
For Individuals managing personal bank deposits who require a tool to model interest growth and tax implications.
What does it look like?
Key features
Calculates interest growth across daily, weekly, biweekly, monthly, bimonthly, quarterly, bi-annual, or yearly compounding periods.
Supports recurring financial additions or withdrawals at various intervals to simulate real-world deposit behavior.
Generates detailed calculation results and tables for printing or email distribution.
Stores specific calculation results for later retrieval via a favorites system.
How much does it cost?
The app is distributed as a free utility without visible in-app purchase or subscription gates.
Velocity
Dormant developmentShow more...
Deposit Tax has seen no development activity for over nine years, with the last update recorded 3,480 days ago. The project appears to be abandoned, as there have been no feature additions, bug fixes, or maintenance releases in the provided history. The development momentum is non-existent.
Who built it?
Strelka
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What do users think recently?
How are ratings & reviews evolving?
Not enough recent reviews to extract reliable themes yet.
Read the full review analysisCompetition
Competitive landscape for Deposit Tax - calculator for deposits with taxes
How's the Finance market?
Deposit Tax operates as a legacy utility in the Finance category, with no store updates since March 2017. Its lack of development cadence leaves it behind modern, web-based financial tools that provide dynamic tax-rate updates.
Read the market outlookThe rivals identified
Unlock the deeper market read.
Access the full report for freeThe Analyst's Read
Key takeaways for Deposit Tax - calculator for deposits with taxes
Where is it heading?
The market for financial calculators is shifting toward web-based platforms that offer dynamic, real-time tax-rate updates and cross-platform accessibility. Deposit Tax remains a static, legacy tool that cannot compete with these modern alternatives, signaling a permanent decline in relevance.
- The 116-month update gap indicates the project is dormant, leading to inevitable obsolescence against modern web-based financial calculators.
The SWOT
- Diverse compounding periods simulate real-world banking
- Recurring contribution scheduling models deposit behavior
- Integrate regional tax-rate updates for relevance
Next best moves
Sunset the app because the development cycle has been dormant for over 116 months → reduce brand overhead.
The counter-intuitive read
The lack of updates is not a failure…
Read the full takeBottom line
Deposit Tax is a legacy utility that has reached the end of its lifecycle, as evidenced by the lack of updates since 2017. Sunset the application to focus resources on modern, web-based financial planning tools that offer current tax-rate integration.
Unlock 2 critical frictions, 1 market threat and the analyst’s take.
Access the full report for freeSources
- [1] App Store, source
Report last updated