Banking and accounting, for sole traders
The current account that takes care of your accounting and tax. Designed for freelancers, self-employed people and small business owners.
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.
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.
Professional Invoicing
Create, send and manage beautiful invoices that your 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.
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 plans
Our pricing is simple and transparent, with no hidden fees.
Start
£0 /mo
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
Grow
£5 /mo (exc VAT)
Banking 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.
Simple Payments
Send and receive payments, set up Direct Debits, and more.
Human Support
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).
