Maximising Tax Deductions: Allowable Expenses for Sole Traders
20th March 2024Essential Guide for Small Business Owners: Preparing for the New Financial Year
16th April 2024In today’s digital age, freelancers and small business owners need solutions that are flexible, efficient, and tailored to their unique needs. Enter Coconut, a digital platform designed specifically for the self-employed. With its array of features and benefits, Coconut has quickly become a go-to choice for many entrepreneurs. Here are our 7 reasons why we highly recommend Coconut:
Seamless Integration: Coconut seamlessly integrates banking with accounting, making it easier than ever to manage your finances in one place. Say goodbye to endless spreadsheets and manual data entry!
Expense Tracking: Coconut automatically categorises your expenses, saving you time and effort. Keep tabs on your spending effortlessly and gain valuable insights into your business finances.
Invoicing Tools: Streamline your invoicing process with Coconut’s intuitive invoicing tools. Create and send professional invoices in minutes, and get paid faster with online payment options.
Be ready for quarterly tax returns: With Making Tax Digital for Income Tax due to come into effect in 2026, certain sole traders and landlords will be required to complete four tax submissions a year using a digital product—like Coconut. Our tax app will make the transition seamless; sign up now to get ahead.
No Hidden Fees: With Coconut, what you see is what you get. Say goodbye to hidden fees and unexpected charges – Coconut offers transparent pricing with no surprises.
Work smarter with your accountant: If you have an accountant or bookkeeper, say goodbye to the hassle of downloading bank statements, searching for receipts, and endless back-and-forth emails round tax season; with the Coconut Portal, you can share all your business records with them in real-time.
Excellent Customer Support: Last but not least, Coconut provides excellent customer support to help you every step of the way. From setup to troubleshooting, their friendly team is always ready to assist you.
In conclusion, Coconut is a game-changer for freelancers and small businesses looking for a modern banking solution. With its seamless integration, expense tracking, tax insights, and more, Coconut makes managing your finances a breeze. Say hello to stress-free banking with Coconut! If you’d like to find outhow we can help you with Coconut or another software solution, please get in touch today.