Banking and accounting, in a nutshell.
The current account that makes it really easy to do your accounting and tax. Designed for freelancers, self-employed people and small business owners.
All your business finances in one place
No more spreadsheets or flicking between apps. Connect current accounts and credit cards to Coconut from 20 different banks, like Barclays, Lloyds and Starling. Get a complete view of your business across every account, whenever you need it.
See how much tax you owe
As you use your Coconut account, we estimate how much tax to save. You'll never get to the end of the year and have an unexpected bill. Available on sole trader accounts.
Expenses that do themselves
Coconut categorises your business expenses helping you to stay organised. Instant notifications when you spend remind you to snap the receipt, keeping everything neatly in one place.
Know what you can claim
Get helpful tips along the way about what you can and can’t claim, helping to maximise savings on your tax bill.
Create, send and manage beautiful invoices that you clients will love, and help you get paid on time.
Instantly know when you get paid
Coconut tells you as soon as a payment has been made or received so you can stay on top of late invoices.
Work closer with your accountant
The Accountant Portal gives a real-time view into your transactions, so your accountant can see what’s going on and be proactive in supportive, with zero data entry.
The tools you need
Export your data whenever you need it. Sole traders also get tax reports to help you with your self-assessment.
Our pricing is simple and transparent, with no hidden fees.
Best suited for side businesses or if you’re just starting out.
- Free UK current account
- Expense tracking
- Tax Estimate (sole traders)
- 3 invoices per month
- 2% on purchases abroad
£5 /mo (exc VAT)
Tax and accounting for your full-time business.
Everything in Start plus
- Unlimited Invoices
- Free foreign currency exchange
- Free replacement cards
FULL UK ACCOUNT
Get a full UK account number and sort code plus a Mastercard® debit card.
Send and receive payments, set up Direct Debits, and more.
Chat to our support team through the app in real-time.
FAST ACCOUNT OPENING
Open an account in minutes from your phone (you'll just need a valid form of ID).
Really like this app so far and I’m really excited about its progress and where it’s going to go. As a new sole trader, finance is incredibly daunting and Coconut is taking away some of the complexity and making things clear for me.
One of the best things I’ve done for my business in 11 years. Excellent app, first class customer service.
My experience of using the app and support service so far has been brilliant – I am blown away by how simple this makes what would have been such a daunting process of keeping accounts and correctly categorising expenses.
I love this service, it’s convenient and easy to use. Fast payments. Invoice service is great and the best customer service. When I’ve needed advice I get a fast reply that always answers my questions. Thank you Coconut I really do wish I’d found you sooner!
Coconut has transformed freelance life for me. Now I can invoice in seconds and easily keep track of my expenses and tax.