Coconut makes it easy to track your income, claim expenses and work out how much tax you owe.
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.
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.
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.
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.
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.
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.
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.
From self-employment tax tips to sole trader expenses, we have advice for people in all stages of their freelancer journey.
New tax year. New rates. Same old question: how much tax will you owe as a sole trader? Here’s our in-depth guide.
Cash basis accounting is one of the simplest ways to manage your business finances. Let’s break down what it means and how to use it.
Bookkeeping doesn’t have to eat into your evenings and weekends. Here’s how self-employed people can save time and stress less with Coconut.