BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

TaxCalc vs Coconut: Which Is Better Accounting Software?


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

Which accounting software is better TaxCalc or Coconut?

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

TaxCalc homepageCoconut homepage
 

TaxCalc vs Coconut Basics

TaxCalcCoconut
Software WebsiteTaxCalc WebsiteCoconut Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?Businesses, Accountants, and Self-employedSelf-employed people
HMRC Listed FeaturesNoneNone
PlatformsCloud-based applicationWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

TaxCalc vs Coconut Reviews

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

TaxCalcCoconut
Trustpilot Rating3.54.5
Number of Trustpilot Reviews27714
iPhone App RatingNo Rating4.7
Number of iPhone ReviewsNo Reviews2800
Android App RatingNo Rating4.6
Number of Android ReviewsNo Reviews1040
Please note ratings we’re accurate at the time of writing but may have since changed

TaxCalc vs Coconut Prices

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

TaxCalc pricingCoconut pricing

Free Plans & Trials

TaxCalcCoconut
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?14 days30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

TaxCalcCoconut
Cheapest Plan Cost Per Month£7.00£9.00
Mid-Tier Plan Cost Per Month£11.83NA
Top Plan Cost Per Month£13.00NA
Data taken from each company’s website at the time of writing but may have since changed.

TaxCalc vs Coconut Features

TaxCalc featuresCoconut features

TaxCalc Basic Features

  • Compliance and Filing
  • Fast and Simple Data Entry
  • Full Client Visibility

TaxCalc Software Integrations

  • Signable
  • QuickBooks
  • ACCOUNTS
  • FreeAgent
  • Xero

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

Common Feature Comparison

TaxCalcCoconut
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesNoYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

TaxCalcCoconut
Pros
  • Affordable cost
  • Can complete multiple returns
  • Prior years programs available
  • Unlimited support
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
Cons
  • Integration with document signing could be improved
  • Requires a software installation limits
  • Sometimes it freezes
  • Lack of intergration with practice software
  • Management account preparation
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up

More Comparisons

TaxCalc vs Dext Prepare
TaxCalc vs Earnr
TaxCalc vs Federation of Small Businesses MTD
TaxCalc vs Hammock
TaxCalc vs IRIS Elements

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224