Coconut news

Ensuring that our software is MTD-compliant ahead of time is our primary focus at Coconut, but it’s also critical that we keep our Partner Firms up-to-date with what we’re working on and why. Read on to find our what we're doing to ensure that our accounting and tax software is ready for this major change to millions of taxpayers’ processes.

We’re delighted to announce that Coconut’s simple accounting and tax software for sole traders and accountants now supports subcontractors on the Construction Industry Scheme—taking us yet another step closer to ensuring that our software supports the whole of the UK’s sole trader community ready for Making Tax Digital.

We recently announced that all Coconut current accounts will be closing on 30th June 2022. Read on to find out more about what this change to our service means, why we’re doing it, and what it means for the future of Coconut.

For the new tax year, we’ve decided to make some key changes to our Tax tab—which we hope will make it significantly easier for you to find out how much of your earnings you should set aside for tax.

The desktop version of our mobile app is live! Coconut Web gives you access to the transaction history of any bank accounts you’ve linked up to Coconut, and allows you to complete your key bookkeeping tasks, all within your browser. Give it a try now!

Join us on 15th December to find out how Coconut has evolved over the past 12 months, what our plans are for the future, and how “Coconut 2.0” will make it easier than ever for self-employed people—and their accountants—to manage their finances.