Coconut is built with your needs in mind, to take the hassle out of self-employment record keeping and taxes. It has all the features you want, but never more than you need. Perfect for the time-pressed self employed people and those flying solo.
With easy-to-access figures at your fingertips, it’s simple to work out how much you can afford to pay yourself or re-invest into your business each month.
In a couple of clicks, you can create and send beautiful branded invoices and manage your income straight from the app. Handy reminders will help you keep on top of late payers, too.
We’ll help you stay on top of your bookkeeping and estimate how much you need to set aside for tax, so you can stop worrying about that unexpected bill at the end of the tax year.
Self assessment is transitioning to Making Tax Digital in 2024. Coconut will make the change seamless – we’re ready, you’ll be ready.
Tired of wasting valuable time on spreadsheets, paperwork and filing?
Worried that you may be losing money every year in unclaimed expenses, because your receipts are in your shoeboxes and in folders on your computer?
Fed up of the last-minute tax rush?
Let’s face it, these are not the best ways to stay organised in the digital age.
Coconut is a smart, simple and effortless bookkeeping and tax app for freelancers and the self-employed. With Coconut, you can get exceptionally organised, stop these losses, and free up time to do what you do best:
running your business.
Coconut is with you from day one. To make sure everything runs smoothly, dedicated support is just a click or call away.
Get support from Coconut through the in-app chat
and support centre.
We’ll show you how, set you up, and walk you
through the features.
We have answers, plus blogs, social and knowledge hubs to explore. You’re never on your own.
Whether you’re just getting started or have been self-employed for years, we have a plan for you.
Categorising transactions for tax is essentially your bookkeeping, and good bookkeeping is critical to making sure you pay the right amount of tax.
Depending on your plan, each month you get a free allowance for the number of transactions you can categorise for tax (we do this automatically for you if you have a business account connected to the app). This includes both income and expenses.
Yes, you can! Users on either of our plans can access Coconut Web on desktop. To log in, simply use your existing mobile number and pin.
You can connect bank accounts and credit cards from over 25 UK providers. Take a look at the full list here.
You can get in touch with us through the in-app chat or by emailing firstname.lastname@example.org
Yes you can. We offer everyone a 7-day free trial (no credit card required), so you can see how Coconut works.
Coconut is designed specifically for sole traders. Designed to give you a view of how your business is performing, help you work out how much tax you owe and track income and expenses. If you want to spend more time focusing on your business and not your accounting, Coconut is for you.
Sole traders can connect their personal bank or current accounts to Coconut and begin to separate their business and personal transactions.
From tips on taxes to self-assessments and expenses, we have advice for people in all stages of their business journey.
We know that doing your Self Assessment can be a bit overwhelming. But it doesn't have to be that way! This guide will show you how to use the Coconut app to get to the right numbers for your tax return in six simple steps.
As part of HMRC’s Making Tax Digital, self-employed people operating as sole traders will soon be required to complete four tax submissions per year instead of one.
Payments on account are designed to spread the cost of the upcoming year’s tax bill, but the assumptions used to work out your payments might not be quite right if your business has been impacted by the pandemic.