TradeTally vs Coconut: which is better?
Compare pricing, features, and trade-specific workflows. See why UK sole traders choose TradeTally over Coconut.
From £19/month on Professional. 14-day trial on paid plans, no card to start.
Pricing comparison
TradeTally
£19/month
Professional plan. Everything sole trader tradespeople need.
- Unlimited invoicing and quoting
- Receipt scanning from your phone
- One-click SA103F tax export
- Mobile-first for on-site use
- 14-day free trial, no card required
Coconut
££10/month
Tax and banking for the self-employed. Range: £5–£12/month.
Strengths
- Automatic tax categorisation from banking transactions
- Built-in business current account
- Real-time tax estimates as you earn and spend
- Very affordable pricing
Feature-by-feature comparison
What TradeTally does that Coconutdoesn't
Invoicing is basic — no professional templates or quoting
No dedicated SA103F one-click export
No receipt scanning for logging cash expenses from merchants
Forces you to switch bank accounts to get full value
No trade-specific features or job-based expense tracking
Coconut limitations for tradespeople
- Requires using Coconut as your business bank account
- Invoicing features are basic — no quoting
- Limited reporting and export options
- Small team means slower feature development
- Not suitable if you want to keep your existing bank
Frequently asked questions
Short answers, no fluff.
More comparisons
Ready to trim the paperwork?
Start the 14-day trial on a paid plan when you are ready. Export anything before you leave—your data stays yours.
Professional from £19/month — annual billing lowers the monthly figure.