Coconut: Tax for self-employed

Coconut: Tax for self-employed

Track your invoices & expenses

1 ratings
63 reviews
Free
In-App Purchases

Details

Released
September 21, 2018
Updated
November 5, 2026

Features

Coconut: Tax for self-employed screenshot #1 for iPhone
Coconut: Tax for self-employed screenshot #2 for iPhone
Coconut: Tax for self-employed screenshot #3 for iPhone
Coconut: Tax for self-employed screenshot #4 for iPhone
Coconut: Tax for self-employed screenshot #5 for iPhone
Coconut: Tax for self-employed screenshot #6 for iPhone
Coconut: Tax for self-employed screenshot #7 for iPhone
Coconut: Tax for self-employed screenshot #8 for iPhone
Coconut: Tax for self-employed screenshot #9 for iPhone
🖼️Get Icon
Icons↘︎

About

Automate your finances and stay compliant with tax regulations. This app helps freelancers and sole traders track income, expenses, and submit quarterly updates to HMRC. Manage invoices, cash flow, and business finances seamlessly.

✓Automated financial record keeping
✓Quarterly HMRC submissions
✓Invoice creation and sending
✓Real-time cash flow tracking
✓Receipt capture
✓Bank account integration
Show original description
+1

What's New in Coconut

1.71.14

November 5, 2026

We have squashed a few bugs relating bank account connections.

7

Subscriptions & In-App Purchases

MTD Filing Monthly

Bookkeeping and MTD quarterly updates

$12.991 Month
How to cancel Coconut subscription ⁉️

User reviews

Inappropriate name, what has a coconut to do with tax?

The app does work on a regular basis. Supposed to make book keeping simpler for a sole trader but it ends up more stressful as the app doesn’t save receipts to transactions. You then have to repeat the attempt time and time again until it actually works. I bought something at B&Q so it wanted to save the other 17 B&Q transactions to the same wrong section instead of aligning the one to the other 17?
Frustrating to say the least!!
Show more

Unpredictable

When it works, it’s easy and simple…until it glitches many times and then you can’t send invoices and nor can you look into the invoices historically. Very frustrating and I’m going to stop my DD.

Price is ridiculous now…

Just cancelled after using this for many years, when it was free and an actual bank account. It’s just a headache now. Just gone up yet another £2 a month and I STILL can’t get regular transactions in my linked personal account to auto-categorise when they’re the same ones every month. Still have to do them manually! Well I’ve had enough, the price doesn’t warrant the usage so I’m out…
Show more

Unreliable cheap app.

It’s just been a constant headache since sign up. Firstly, it says Starling bank is supported but there was no option to add a starling account for open banking - so I had to open a support ticket. Resolved after a couple of days. Then try to integrate PayPal for invoicing, repeatedly get an error message, raise a ticket and I’m told it’s my iOS version that’s out of date - but I’m using the most current version, so it’s now been escalated. The app feels cheap and unresponsive and the desktop site is worse. I deleted an invoice on the website but it continues to show in the app, and won’t allow you to delete it from the app. It’s nowhere near as good as xero etc and I will be asking my accountant if I can change products.
Show more

Impossible to cancel subscription

They make you jump through so many hoops and then you get a notification saying 'direct debit will be cancelled later today' but you still get charged. This is the first time I've ever felt compelled to take the time to review and app because it's such a total scam

Featured on

FAQ

What is Coconut?

Coconut is a finance app designed for freelancers, sole traders, and landlords. It helps you automate your finances, track income and expenses, and manage tax submissions to HMRC.

Does Coconut have ads?

No, Coconut does not contain advertisements, allowing for an uninterrupted user experience focused on financial management.

What are the subscription costs for Coconut?

Coconut offers various subscription plans, including MTD Filing Monthly for $12.99, Bookkeeping Monthly for $17.99, and annual options for bookkeeping and SA filing starting at $99.99.

How secure is connecting bank accounts with Coconut?

Coconut is regulated by the FCA as an Account Information Service Provider (registration number 931194), ensuring secure connections to over 30 bank providers.

What devices does Coconut support?

Coconut is available for iPhone and iPod devices, allowing users to manage their finances on the go.

How often is Coconut updated?

The latest version of Coconut is 1.71.14, and it was last updated on November 5, 2026, indicating regular maintenance and feature enhancements.

Can I share my financial data with my accountant using Coconut?

Yes, Coconut allows you to grant real-time access to your accountant or bookkeeper, enabling them to review, adjust, and support your tax submissions.

Is there a free trial for Coconut?

Yes, Coconut offers a 14-day free trial, allowing you to explore its features and manage your finances before committing to a subscription.