Accounting & bookkeeping advice

When you’re a sole trader, you can deduct a wide range of business-related costs from your taxable profit. Here’s a handy list of the most common things which count as "allowable expenses".

When you’re self-employed and VAT-registered, you can choose between the standard or flat rate VAT schemes. Here’s what you need to know about both.

What's the difference between BACS, CHAPS, and Faster Payments? Here's what you need to know about all three types of bank transfer, and why we use Faster Payments at Coconut.

Imagine if clients and you could un-muddle business and personal without having to open a new bank account?

When Coconut first launched in 2018, we offered a product that combined an accounting product with a business current account. We’ve now stopped opening new accounts, so that we can focus on making our bookkeeping and tax app for freelancers the best it possibly can be.

Here's our quick guide to effortless expenses to make sure you're not missing out on key tax savings.

Read this short article on how to save your self-employed business time and money by separating your business expenses from your personal expenses.

Time for your annual tax return for HMRC? We’ve created a list of the top five business expenses most commonly overlooked.

Coconut has won the final stage of Nesta’s Open Banking Challenge: Open Up. We’ve won £250k so far from the previous three stages. What does it mean for our customers? More here...