Coconut
Claim this toolEffortless accounting and tax management for self-employed individuals and landlords.
From $10.42/mo, billed yearly, free trial Visit WebsiteThe Bottom Line
- Price
- From $10.42/mo, billed yearly, free trial. Compare plans
Key facts
- Simplifies accounting, invoicing, and tax for sole traders and landlords.
- HMRC-recognised for Making Tax Digital (MTD) for Income Tax compliance.
- Connects to bank accounts for real-time financial tracking and tax estimates.
Pros
- HMRC-recognised and compliant for MTD for Income Tax
- Easy to use with both mobile and desktop access
- Secure bank integrations for automated tracking
- Provides real-time tax estimates to avoid surprises
- Dedicated support, including ex-HMRC staff, for MTD compliance
Cons
- Primarily focused on UK sole traders and landlords, may not suit other business types or regions
- No free tier, only a 14-day free trial
What is Coconut?
Available on: Web, iOS, Android
Ratings Across the Web
Coconut holds an aggregate rating of 4.4 out of 5 from 756 reviews across G2 and Trustpilot, last checked September 10, 2026.
Ratings aggregated from independent review platforms. Learn more
Preview
Key Features
- MTD for Income Tax ready (HMRC recognised)
- Digital recordkeeping for income, expenses, and receipts
- Quarterly MTD updates submission
- Digital end-of-year MTD tax return submission
- Real-time tax estimates
- Connects to 30+ UK banks and credit cards
- Track income and expenses
- Send and track unlimited branded invoices
Pricing Plans
Free TrialPricing checked Oct 19, 2026. Source: getcoconut.com/pricing, read Oct 19, 2026
| Plan | Price | Details |
|---|---|---|
| Essentials | $99.99 / year | |
| MTD | $129.99 / year |
|
| Self Assessment | $129.99 / year |
|
| Full | $159.99 / year |
|
Included in all plans
- Connect accounts from 30+ banks and credit cards
- Track your income and expenses throughout the year with our sole trader accounting app
- !Coconut on both mobile and desktop
- Send and track unlimited branded invoices
- Always know how much tax to set aside
- Easily share access with your accountant
- Claim as an allowable business expense on your tax return
Is Coconut worth the price?
Coconut's pricing is fair, especially for the Essentials tier at $99.99 per year, offering robust accounting features for sole traders.
The MTD and Self Assessment tiers at $129.99 per year provide specialized tax filing capabilities at a reasonable premium. This pricing structure is best for self-employed individuals and landlords seeking comprehensive yet affordable accounting and tax management.
Hidden Costs & Gotchas
No monthly payment option shown on pricing page, only annual.
Features like MTD and Self Assessment are add-ons.
How Coconut's pricing compares
Coconut starts at $10.42/mo, billed yearly. Its direct competitors are priced on a different basis (per user, or in another currency), so each entry price below is shown with its own unit and currency and is not ranked against the others.
Entry paid plan, monthly price (billing term shown per row), in each tool's own currency. Pricing checked Oct 19, 2026.
Coconut by the numbers
Toolradar data: Coconut's entry paid plan ($10.42/mo, billed yearly) ranks #3 of 20 for price among the Tax Software tools with a verified entry price and no stated unit, where the median is $29.96/mo. As of Nov 2026.
| Metric | Coconut | Peer median | Position (1 is best) |
|---|---|---|---|
| Entry paid plan | $10.42/mo, billed yearly | $29.96/mo | #3 of 20 tools with no stated price unit, verified price |
| Free plan | No | 16 of 44 have one | n/a |
| User rating | 4.4/5 (across the web, 756 ratings) | 4.4/5 | #6 of 12 (joint) tools with 20+ reviews |
Each position is counted among the tools that have data for that row, as noted under it. A lower entry price ranks higher; prices are read on vendor pages and compared only with tools priced on the same basis. All Tax Software data · How we compute this. Advertising and placement fees are not inputs to any position.
Cite this: Toolradar, “Coconut by the numbers”, Nov 2026.
Reviews
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Across 756 verified user reviews on Trustpilot, G2
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Coconut FAQ
How does Coconut help self-employed individuals manage their tax obligations?
Which teams or users benefit most from Coconut?
How does Coconut compare to Xero for expense management?
What kind of limitations should potential users be aware of with Coconut?
How is Coconut priced?
Can Coconut integrate with my existing bank accounts?
Does Coconut support Making Tax Digital (MTD) for Income Tax?
How does Coconut pricing compare with other Tax Software tools?
Source: getcoconut.com