HMRC-recognised
Built for sole traders, landlords & CIS
From £99.99 per year/£16.99 per month
14-day free trial
Coconut is HMRC-recognised MTD software built for sole traders, landlords and CIS subcontractors in the UK. It helps you get ready for Making Tax Digital without adding more admin.
With Coconut, you can track income, record expenses, keep digital records and see your tax estimate in real time. When it’s time to file, you can send quarterly updates and your MTD year-end tax return directly to HMRC through Coconut.
It’s a simple way to manage your business finances, stay on top of income tax and meet the new MTD for Income Tax rules.
Join thousands of sole traders and landlords who use Coconut to manage their tax and stay compliant.
See your estimated income tax and National Insurance update throughout the tax year.
No need to wait until January to understand your tax position - you can plan ahead, put money aside and avoid surprises when your tax bill is due.
Coconut imports your bank transactions securely using Open Banking, then helps you categorise income and expenses.
You can also snap and store receipts, so your digital record-keeping is easier to keep on top of.
Once you've authorised Coconut with HMRC, you can send your MTD for Income Tax quarterly updates and year-end MTD tax return through the app.
No copying figures into separate forms. No relying on paper records. Just compatible software that keeps everything connected.
Coconut is made for sole traders, landlords and CIS subcontractors, not large companies with finance teams.
It helps you manage self-employment income, property income and other income streams in one place.
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Create and send invoices, track what's been paid and keep a clearer view of your cash flow.
This gives you more than MTD compliance. It enables you to track each and every transaction going in and out of your business.
Coconut gives you clear steps to follow, plus expert support when you need a hand.
So, you're not left to work out Making Tax Digital on your own - and you don't need to become an accounting expert to stay compliant.
Try Coconut free for 14 days. No card details required. Cancel anytime.
Start with bookkeeping, then choose the plan that gives you the level of MTD and tax support you need. Every plan is built for sole traders, landlords and self-employed people who want to track income, claim expenses and stay on top of tax without complicated accounting software.
Or £16.99 per month
Best for sole traders and landlords who want to stay organised before MTD applies
Or £21.99 per month
Best for sole traders and landlords who need HMRC-recognised MTD software for Income Tax
Then apply for a free Zempler bank account within Coconut. It only takes 2 minutes!
To qualify, you'll need to:
You'll get 24 months of free access to Coconut, worth up to £238!
Coconut is built for self-employed people who want to keep tax simple.
Whether you work for yourself, rent out property, work under CIS or juggle more than one income stream, Coconut helps you keep your records organised and your MTD updates ready to send.
You've got enough to do without spending evenings sorting receipts and updating spreadsheets.
Coconut keeps your income and expenses in one place, so you can see how your business is doing and what you may owe in tax. Plus, when your MTD quarterly update is due, your records are already organised.
With Coconut, you can:
No extra accounting knowledge needed. Just a simpler way to stay on top of your tax.
Property income can be hard to keep tidy, especially when costs come in at different times.
Coconut helps you track rental income, record allowable expenses, and keep a clearer view of your tax position. If you have more than one property, Coconut can help you keep things organised without setting up a separate system.
With Coconut, you can:
So when MTD applies to your property income, you're not starting from scratch.
Construction Industry Scheme (CIS) tax can already be fiddly. MTD shouldn't make it harder.
Coconut helps you keep track of your income, expenses and CIS deductions in one place. That gives you clearer records throughout the year, instead of a rush to piece everything together when your tax return is due.
With Coconut, you can:
You'll have a clearer view of what you've earned, what's already been deducted and what you may still owe.
Freelance work doesn't always fit neatly into one box.
You might have different clients, project income, expenses, invoices and quieter months to plan for. Coconut helps you keep everything organised, so you can spend less time sorting your records and more time doing the work you're paid for.
With Coconut, you can:
It's built to keep things simple, even when your income changes from month to month.
Choosing the right MTD software UK provider means finding software that fits how you actually work.
Coconut is built for self-employed people who want to stay compliant without using complex accounting tools. It's designed for sole traders, landlords and CIS subcontractors who need to keep digital records, track income and expenses, and send quarterly updates to HMRC with less admin.
Learn more about how Coconut stacks up by taking a look at our product comparison guide.
Getting set up couldn't be simpler:
Create your Coconut account and choose the plan that works for you.
You can try Coconut free for 14 days, with no card details needed.
Link your bank account securely with Open Banking.
Coconut pulls in your transactions automatically, so you don't have to type everything in yourself.
Sort your income and expenses in Coconut.
We'll help you keep the digital records you need for Making Tax Digital, without messy spreadsheets or piles of receipts.
When your quarterly update is due, you can send it to HMRC through Coconut.
At the end of the tax year, Coconut also helps with your final MTD tax submission.
Coconut is one of the software providers that's recognised by HMRC for Making Tax Digital for Income Tax.
That means you can use it to keep digital records and send your MTD updates to HMRC securely.
You can check Coconut on the official GOV.UK software list.
Want the full breakdown of the rules? Read our guide on how Making Tax Digital-compliant software works.
Coconut's Bookkeeping plan is £99.99/year or £16.99/month.
If you need to send MTD updates to HMRC, the MTD filing plan is £129.99/year or £21.99/month.
You can try Coconut free for 14 days, with no card details needed, and choose the plan that fits what you need - whether that's simple bookkeeping or MTD filing.
Yes. Coconut is HMRC-recognised software for Making Tax Digital for Income Tax.
You can check the official GOV.UK list here:
Find software that works with Making Tax Digital for Income Tax
Yes. Coconut keeps your records organised, so it's easier to share what your accountant needs.
No more digging through spreadsheets or sending over bits and pieces at the last minute!
Yes. If Coconut feels like a better fit, you can switch over.
Connect your bank account, get your records up to date and manage your income, expenses and MTD updates in one place.
Yes, Coconut is built for landlords as well as sole traders.
You can use it to track property income, record expenses and keep the digital records you'll need for MTD.
You can try Coconut free for 14 days, without even needing to enter any card details to get started. Find out more about our pricing.
You may also be able to get Coconut free for 2 years when you open and connect a new Zempler Bank business account through Coconut, subject to eligibility and terms. Learn how to take advantage of our offer with Zempler.
MTD doesn't need to mean more admin. Coconut helps you track income, sort expenses, keep digital records and send updates to HMRC - all in one place. No accounting jargon, no messy spreadsheets - just a simpler way to stay on top of tax.
