Coconut: Tax for self-employed
Coconut is an accounting and tax app specially designed for self-employed individuals. It provides a range of features that help you track your income, categorize expenses, send invoices, and calculate the amount of tax you owe. This app makes financial management a breeze, so you can focus on your work.
Setting up the app is quick and easy. Once you have connected your bank accounts securely to Coconut, you can access all your financial data in one place. In just a few taps, you can:
- Get a real-time estimate of how much you should set aside for tax based on your transactions
- Categorize transactions, snap and store receipts, add notes, and record VAT
- Send invoices on the go and track payment status
- Get business insights from a clear overview of your income and expenses
- Share your business records with your accountant easily
Coconut offers a 30-day free trial, with no requirement to provide card details. Here’s how to get started:
1. Download the app and start your free trial
2. Turn on notifications for income alerts, new features, and tips
3. Connect your bank and credit card accounts securely (Coconut is FCA authorized and connects with over 25 banks)
4. Begin organizing your business finances with ease.