Coconut: Tax for self-employed

So far so phenomenal. Actually can’t believe how easy to use it is. I’ve messed up an invoice and it was so simple to amend. Linking to bank accounts is a dream. Woweee

Constant errors on trying to organise expenses and incomes. The message is always the same ‘there was an error completing your request, please chat to our support tream…’ I did and nothing…

I still don’t know why many UK organisations still haven’t incorporated Chase Bank into their system. They are fully registered and regulated by the UK. Please can you add Chase bank to your system please? Thanks.

I love Coconut. It’s my favourite invoicing app so far and the most well designed one out there in my opinion. Makes invoicing from your phone so simple, and tracking when client has received/opened invoice/invoice is overdue etc is all helpful. Also great customer service - always quick and friendly. Would love to see the below changes implemented: - multi currency invoicing — this is the biggest one for me, I am having to use Coconut for my UK invoices and Xero for US/EUR clients. Yes, you can invoice the client in GBP and write an exchange rate in the note but that doesn’t work for me (also doesn’t work with the design of the invoice which emphasises the GBP total) - I want to be able to invoice the client in their currency at a consistent rate. I haven’t moved over entirely to Xero yet because I do prefer Coconut but I may do eventually, as I’d rather be able to invoice all my clients via one app and not be paying double fees for two apps when I could pay for one. - Xero offer the option of editing your invoice email template, would like to see this introduced as I am having to manually edit them each time. - would be really great to be able to choose others fonts or even upload a custom font to have more control over your branding. - I prefer Starling’s business toolkit for their tax estimate, it gives a more accurate breakdown. Coconut also doesn’t factor in the personal allowance deduction to the estimate.

Seams to work

Hi all, In written this as a 5 star review but when on reality is not , money when missing whiles doing a withdrawal, they asking 45 days to get you the money back , this is not good. Very poor performance from them and staff as they keep sending you messages saying your founds are available and once you login into your account there is nothing, If you need a bank account or any other services, i will advise you to find other company because this on dont really care about they costumers/clients. Now im over here struggling with no money and a kid to feed , if you guys looking for a trusted company do you not choose them . Im already waiting for almost 15days , and all they keep saying to me is that they waiting on PPS, when asked to passe me to they mangers, straight away it got refused and my chats unable to text them after 4/5 hours thats when they allowed me to text them back This situation still on going , and they now saying they will close my account in 2days If you looking for a trust account, I personally don’t advise you, to choose them very bad

Thank you Coconut! 🥥

Revolutionising my ability to do my own bookkeeping. Love it!

I’ve been using Coconut for three years now to keep track of my business finances and tax. The app has allowed me to link my business account and keep a running check on how much tax I owe in the following years Self Assessment. Love that it automatically categorises your expenses, but also has the option to manually select the correct category should it be something oddly specific to you. It’s made the finance / admin side of running my freelance business so much easier. Plus takes the stress off not knowing if you’ve put enough aside for the tax man or not! Really impressed with it and will be continuing to use it for the rest of my career. 10/10

Very disappointed to find out after entering all my details that this app is only a 30 day free trail. This info should be in the description, especially if you're claiming the app is free. A big turn off for me, I do not agree with the under hand tactics that draw people into downloading an app in this way. I will be looking more carefully at reviews in the future, there were a couple here waving the red flag but I didn’t spot them until writing this review. Time to delete and search for another…