Coconut is a current account that takes care of your accounting and tax, designed for freelancers, self-employed people and small business owners.

You can easily categorise your transactions within the app so all your accounting is in one place, plus it will give you a running estimate of your tax bill and tips for what you can and can’t claim.

The app is currently available for sole traders on iPhone and Android, with limited companies coming soon.

Katy Carlisle