Coconut connects to your bank account to help you track income, claim expenses and work out how much tax you owe.
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. We offer everyone a 30-day free trial (no card details 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.
You can get in touch with us through the in-app chat or by emailing support@getcoconut.com.
You can connect bank accounts and credit cards from over 25 UK providers. Take a look at the full list here.
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.
From tips on taxes to self-assessments and expenses, we have advice for people in all stages of their business journey.
Coconut is now HMRC-approved MTD IT software. A simple way for sole traders and landlords to get ready for digital tax in 2026 and beyond.
You don’t have to become a bookkeeper or accountant. All you need to do is take care of a short list of financial essential tasks each month and your business should be in good financial health. And it need not take a lot of time. So, here’s a handy checklist of essential financial tasks that you should be ticking off at least each month.
Turning some of your sole trader and landlord clients into dedicated accounting software users could be one of your biggest challenges in the next few years. But MTD for Income Tax isn’t optional, so, if they won’t pay you to take care of it for them, they’ll have to use accounting software.