The financial companion for self-employed people
With expenses, invoicing and tax all in one, Coconut is the ultimate accounting and tax tool for self-employed people.
As a special welcome bonus, clients of The Tax Farm will receive three months free.
Connect your accounts
Connect your current accounts and credit cards to Coconut and get a complete view of your business across every account whenever you need it.
Or get a Coconut current account
If you need a business current account, open a Coconut account in minutes straight from your phone. Get a full UK account number and sort code as well as a Mastercard® debit card.
Expenses that do themselves
We automatically categorise all of your business expenses for tax as you spend, so you don't have to worry about them later. Instant notifications remind you to snap the receipt, add notes and record VAT.
Keep on top of income
Create and send invoices and manage your income straight from the app. We’ll notify you when you get paid and automatically match the payment to your invoice.
Sort your taxes
For Sole Traders we estimate how much you need to set aside for tax, so you'll never get to the end of the year with an unexpected bill. Get the numbers you need to complete the self-employment part of your tax return straight from the app.
Currently available on sole trader accounts.
Coming soon for Limited Companies.
Work seamlessly with your accountant
If you have an accountant, say goodbye to downloading and sharing bank statements. Share your business records with your accountant in real-time through the Coconut Accountant Portal, for free.
Our pricing is simple and transparent, with no hidden fees.
For side hustles and part-time self-employed people.
- 15 transactions per month
- 3 invoices per month
- Automated Bookkeeping
- Attach your receipts
- Tax Estimate
- 2% on purchases abroad
£5 /mo (exc VAT)
Tax & accounting tools for full-time self-employed people.
Everything in Start plus
- Unlimited Transactions
- Unlimited Invoices
- Free replacement cards
- Free foreign currency exchange
Chat to our support team through the app whenever you need help.
We apply bank-grade security to protect your account and data.
Funds are protected
All of your hands are held in a safeguarded account.
Authorised by the FCA
The Coconut current account is an e-money account provided by PPS, authorised by the FCA.
The app makes it so easy to see a summary of my income, expenses and the tax I’ll need to pay from my Monzo Business account. On top of that, the support team go above and beyond to help you understand how the calculation works.
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.