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Vital Tax vs Coconut: Which Is Better Accounting Software?


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

Which accounting software is better Vital Tax or Coconut?

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

Vital Tax homepageCoconut homepage
 

Vital Tax vs Coconut Basics

Vital TaxCoconut
Software WebsiteVital Tax WebsiteCoconut Website
HMRC MTD StatusApprovedIn Development
Who Can Use It?Agents and BusinessesSelf-employed people
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Updates to HMRC for UK property, Tax estimates from HMRC based on provided updatesNone
PlatformsDesktopWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

Vital Tax vs Coconut Reviews

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

Vital TaxCoconut
Trustpilot Rating3.84.5
Number of Trustpilot Reviews4714
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

Vital Tax vs Coconut Prices

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

Vital Tax pricingCoconut pricing

Free Plans & Trials

Vital TaxCoconut
Free Plan?NoNo
Free Trial?NoYes
Free Trial Length?No30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Vital TaxCoconut
Cheapest Plan Cost Per Month£20.00£9.00
Mid-Tier Plan Cost Per Month£72.00NA
Top Plan Cost Per Month£132.00NA
Data taken from each company’s website at the time of writing but may have since changed.

Vital Tax vs Coconut Features

Vital Tax featuresCoconut features

Vital Tax Basic Features

  • Taxpayer – Set up your company details and start submitting VAT returns
  • Multi-Business – Submit VAT returns for each business from a single account
  • Agent – Retrieve VAT data and submit VAT returns for your clients

Vital Tax Software Integrations

Not Listed

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

Vital TaxCoconut
Payroll Software IntegrationNoNo
Track VATNoYes
VAT FilingNoYes
Real-Time Financial ReportsNoNo
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesNoYes
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsNoNo
Capture Bills And ReceiptsNoYes
Bulk Reconcile TransactionsNoYes
Track Inventory & Stock LevelsNoNo

Vital TaxCoconut
Pros
  • Making Tax Digital Application Programming Interface
  • Provides information about historical VAT return
  • VitalTax Add-in for Microsoft Excel
  • App is well designed
  • Price
  • Perfect set of features
  • Customer service is top notch
  • Dashboard makes seeing all daily activities in one place
Cons
  • No app
  • Low review score
  • Few features lacking compared to other scheduling software
  • Calculations didn’t match up

More Comparisons

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Vital Tax vs Earnr
Vital Tax vs Federation of Small Businesses MTD
Vital Tax vs Hammock
Vital Tax vs IRIS Elements

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