Coconut: Tax for self-employed

Coconut: Tax for self-employed

Track your invoices & expenses

1 ratings
62 reviews
Free
In-App Purchases

Details

  • Released
  • Updated
  • January 31, 2018
  • July 17, 2026

Features

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About

Automate your finances and stay compliant with tax regulations. This app helps freelancers and sole traders track income and expenses, capture receipts, send invoices, and submit quarterly updates to HMRC.

Automated financial record-keeping
MTD compliant HMRC submissions
Real-time cash flow tracking
Receipt capture via phone
Invoice creation and sending
Bank account integration
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What's New in Coconut

1.71.06

July 17, 2026

In this Version we had Resolved minor bugs and made performance improvements.

Subscription plans

Bookkeeping Annual

Basic bookkeeping tools

$99.991 Year
How to cancel Coconut subscription ⁉️

User reviews

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…
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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integrate PayPal for invoicing, repeatedly get an error message, raise a ticket and I’m told it’s my iOS version that’s out of date - but I’m using the most current version, so it’s now been escalated.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.
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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

Dan

Simple and easy to use. Can do all my invoicing easily on the go on my phone.

FAQ

Does Coconut have ads?

Yes, Coconut contains advertisements. This is common for free finance apps that offer robust features.

What are the subscription costs for Coconut?

Coconut offers several subscription plans, including Bookkeeping Monthly for $17.99, MTD Filing Monthly for $22.99, Bookkeeping Annual for $99.99, MTD Filing Annual for $129.99, and SA Annual for $129.99.

How secure is Coconut with bank connections?

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 on iPhone and iPod devices.

How often is Coconut updated?

The latest version, 1.71.04, was released on June 9, 2026, indicating regular updates to maintain functionality and compliance.

Can I try Coconut before subscribing?

Yes, Coconut offers a 14-day free trial to get started and manage your finances.

What is the user sentiment for Coconut?

Based on the provided data, Coconut has a perfect 5.0-star rating from 1 review, suggesting a highly positive initial user experience.

Is Coconut suitable for small businesses beyond sole traders?

While primarily designed for freelancers and sole traders, landlords can also benefit. Its features for tracking income, expenses, and invoicing are broadly applicable to small business financial management.