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Coconut vs SimpleTax: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Coconut or SimpleTax?

We compare them based on real user reviews, prices and what features they both offer.

Coconut homepageSimpleTax homepage
 

Coconut vs SimpleTax Basics

CoconutSimpleTax
Software WebsiteCoconut WebsiteSimpleTax Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Self-employed peopleLandlords, Individuals, and Self-employed
HMRC Listed FeaturesNoneSelf employed and landlord record keeping, receipt scanning
PlatformsWeb-based application, Android, and iOSiPhone, iPad, Android and Web
Note data for this section comes from HMRC here and here

Coconut vs SimpleTax Reviews

Wondering if Coconut or SimpleTax has better user reviews. We compared them below.

CoconutSimpleTax
Trustpilot Rating4.54.6
Number of Trustpilot Reviews7141563
iPhone App Rating4.7No Rating
Number of iPhone Reviews2800No Reviews
Android App Rating4.6No Rating
Number of Android Reviews1040No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Coconut vs SimpleTax Prices

Which is cheaper Coconut or SimpleTax? Here are their prices compared.

Coconut pricingSimpleTax pricing

Free Plans & Trials

CoconutSimpleTax
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?30 DaysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

CoconutSimpleTax
Cheapest Plan Cost Per Month£9.00£4.59
Mid-Tier Plan Cost Per MonthNA£6.50
Top Plan Cost Per MonthNA£7.00
Data taken from each company’s website at the time of writing but may have since changed.

Coconut vs SimpleTax Features

Coconut featuresSimpleTax features

Coconut Basic Features

  • Connect accounts from 30+ banks and credit cards
  • Track your income and expenses throughout the year
  • Access Coconut on both mobile and desktop
  • Send and track unlimited branded invoices
  • Always know how much tax to set aside
  • Easily share access with your accountant

Coconut Software Integrations

  • HSBC
  • AMEX
  • Tesco
  • Tide
  • M&S Bank

SimpleTax Basic Features

  • Free Support
  • 100+ Tax Savings Tips
  • Submit Directly to HMRC
  • Self Employment (SA103)
  • Property (SA105)
  • Residency (SA109)

SimpleTax Software Integrations

  • Xero
  • FreeAgent
  • FreshBooks
  • SumUp

Common Feature Comparison

CoconutSimpleTax
Payroll Software IntegrationNoYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsNoYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

CoconutSimpleTax
Pros
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
  • Very simple to use
  • Support was quick and easy
  • Very clear pages with clear prompts
  • Ability to automatically fill in tax return
Cons
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up
  • Support team
  • Doesnt have many choices for expenses
  • User interface could be more customisable
  • Glitches on the tax calculations

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