Coconut
The smart current account for self-employed people.
Overview
Coconut provides a business current account and integrated accounting and tax tools for freelancers, sole traders, and limited companies in the UK. It aims to simplify financial management by combining banking and accounting in a single app. Features include expense tracking, invoicing, and tax estimation.
✨ Key Features
- Business Current Account
- Expense Tracking
- Invoicing
- Tax Estimation
- Receipt Capture
🎯 Key Differentiators
- Combines a business current account with accounting software
- Specifically designed for the needs of UK self-employed individuals
- Real-time tax estimation
Unique Value: Offers a seamless, all-in-one solution for UK freelancers to manage their banking and accounting, simplifying their financial admin.
🎯 Use Cases (3)
✅ Best For
- Managing business finances through a dedicated current account
- Estimating tax liability for UK self-assessment
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses outside of the UK
- Users who already have a business bank account they are happy with
🏆 Alternatives
The key advantage is the integration of banking and accounting, which eliminates the need for separate tools and manual data entry.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (NA tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
📊 Market Info
Customers: NA
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