Accounting software designed for sole traders and self-employed people

Coconut makes it easy to track your self-employed income, claim expenses and work out how much tax you owe.

Making self-employment easier than being employed

Coconut is the smart, simple, and effortless accounting software that every sole trader needs in their life. With Coconut, you can get exceptionally organised, spend less energy on financial admin, and free up your time to do what you do best: running your business.

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Understand how your business is doing

With easy-to-access figures at your fingertips, it’s easy for sole traders to work out how much you can afford to pay yourself or re-invest into your business each month.

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Snap and safely store your receipts

Our software allows you to take photos of receipts and securely store your sole trader paperwork in the cloud, so your records of self-employment are accessible whenever you need them.

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Claim your self-employment expenses

Coconut’s software makes it easy to capture and categorise all of your transactions—so you can be sure you’re claiming all the tax relief you should be as a sole trader.

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Stay on top of your taxes all-year-round

Our accounting software tracks your self-employed income, student loans, rental and PAYE income in one place, to give you an accurate estimate of how much you need to set aside for tax.

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Get paid faster

In just a couple of taps, you can send custom invoices and manage your self-employed income straight from the app. Handy reminders will help you keep on top of late payers, too.

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Work with your accountant

If you have one, your accountant will also get real-time access to your transactions, receipts and invoices via Coconut—so they can spot problems, troubleshoot, and provide you with support right in the moment.

Get started for free in a matter of minutes

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Download the app

Download on the App StoreDownload on the App Store
Get it on Google PlayGet it on Google Play
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Connect your bank account

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Start organising your finances

MONTHLY Plan
£7.50 per month
Including VAT; tax deductible
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    Connect accounts from 25+ banks and credit cards
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    Track your income and expenses throughout the year
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    Access Coconut on both mobile and desktop
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    Send unlimited branded invoices
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    See an estimate of your tax bill
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    Easily share access with your accountant

Tools, tips and interesting reads

From self-employment tax tips to sole trader expenses, we have advice for people in all stages of their freelancer journey.

A Complete Guide To Self Assessment Tax Returns

Self Assessment tax returns are a key task in every self-employed person’s to-do list. In this guide, we cover everything you need to know about completing your tax return for HMRC, so you know exactly what income you need to declare.

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Self-Employed Tax Rates For 2022/23: Sole Traders

If you're self-employed as a sole trader, here’s a summary of the key self-employed tax allowances, income tax and VAT rates, and national insurance contributions you need to know for the 2022/23 tax year.

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What Is Making Tax Digital (MTD)? The Ultimate Guide for Sole Traders

Are you ready for Making Tax Digital, or still figuring out what that means? This post contains everything you need to know to prepare for the new system and simplify your tax admin—so you can focus on the stuff that really matters.

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