Self-employed & freelancers United Kingdom FreelancersSmall businesses

About Coconut

Coconut keeps UK sole traders, CIS subcontractors, and individual landlords ready for Self Assessment year-round: connected bank transactions are automatically categorised against HMRC's SA103 and SA105 schedules as they arrive, with a running estimate of tax owed.

Now part of the GoSimpleTax family following an acquisition, it offers plans from £99.99/year up to a combined Making Tax Digital filing plus Self Assessment package, with AI-powered support during deadline periods.

What the AI does

Automatic categorisation maps connected bank transactions to HMRC's SA103 and SA105 categories in real time and estimates tax owed, with AI-powered support during MTD and Self Assessment deadlines.

Highlights

  • Auto-categorises against HMRC SA103 (self-employment) and SA105 (property)
  • Part of the GoSimpleTax product family
  • Plans from £99.99/year; MTD filing bundle available

Third-party reviews

Trustpilot
4.0/ 5
776 reviews

Praised for responsive support and reliability, with some frustration over discontinued banking features.

Read on Trustpilot

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