Skip to content

Coconut vs Wafeq

See how their public offers line up before you choose your own position. Prices stay in the currency, billing schedule, and charged unit each vendor publishes.

GBP · US · source: www.getcoconut.com

Plan Pricing Charged by Offer type
MTD Bridging
GBP 4.17 / month with annual commitment

£49.99 per year Monthly pricing not available

Flat · per year Standalone · Fixed
MTD filing Highlighted
GBP 21.99 monthly · GBP 12.99 / month with annual commitment

£12.99 per month Or £129.99 per year £21.99 per month Yearly Save over £100 Monthly

Flat · per month Standalone · Fixed
+Self Assessment
GBP 10.83 / month with annual commitment

£129.99 per year Save over £130

Flat · per year Standalone · Fixed
Full
GBP 13.33 / month with annual commitment

£159.99 per year Save over £130

Flat · per year Standalone · Fixed

USD · US · source: www.wafeq.com

Plan Pricing Charged by Offer type
Starter
USD 32 monthly · USD 26 / month with annual commitment

USD 32/month or USD 26/month paid yearly

Flat · published subscription Standalone · Fixed
Plus
USD 39 monthly · USD 32 / month with annual commitment

USD 39/month or USD 32/month paid yearly

Flat · published subscription Standalone · Fixed
Premium Highlighted
USD 67 monthly · USD 55 / month with annual commitment

USD 67/month or USD 55/month paid yearly

Flat · published subscription Standalone · Fixed
Enterprise
Contact sales

Request pricing; yearly subscription only

Flat · published subscription Standalone · Contact sales

What each plan includes

Feature names follow each vendor’s own pricing page, so verify the wording before treating them as exact equivalents.

Coconut

MTD Bridging

Key features

Keep your spreadsheet and stay MTD compliant

Included

Key features

Submit MTD quarterly updates directly to HMRC

Included

Key features

Supports self-employment and property income

Included

Key features

Multiple businesses and income sources

Included

Key features

Download our ready-made MTD spreadsheet template

Included

Key features

One click upload of the completed spreadsheet

Included

Key features

No bookkeeping software required

Included

Key features

UK-based AI & human support

Included

MTD filing

Key Features

Send quarterly MTD updates to HMRC

Included

Key Features

Includes your MTD Annual Submission (Year-End Declaration)

Included

Key Features

Dedicated MTD expert help

Included

Key Features

In year tax estimates

Included

Key Features

Automatic income and expense tracking

Included

Key Features

Connect your bank in 30 seconds

Included

Key Features

Expenses categorised for you

Included

Key Features

HMRC recognised for MTD

Included

Key Features

Never miss a tax deadline

Included

Key Features

HMRC-ready digital records

Included

Key Features

Self-employment tax estimate (SA103)

Included

Key Features

Property income prep (SA105)

Included

Key Features

Clear guidance on claimable expenses

Included

Key Features

Snap and store receipts instantly

Included

Key Features

Attach receipts to transactions

Included

Key Features

Automatic bank transaction imports

Included

Key Features

Unlimited professional invoices

Included

Key Features

PayPal income automatically imported

Included

Key Features

Invite your accountant anytime

Included

Key Features

Instant profit and loss report

Included

Key Features

Mobile app (iOS & Android)

Included

Key Features

Access from any web browser

Included

Key Features

Secure bank-level encryption

Included

Key Features

Real-time profit overview

Included

Key Features

Multiple income streams

Included

+Self Assessment

Key features

Everything in Bookkeeping, plus

Included

Key features

Submit Self Assessment direct to HMRC

Included

Key features

Built-in tax saving suggestions

Included

Key features

All tax forms supported

Included

Full

Key features

Everything in Bookkeeping, MTD & Self Assessment

Included

Key features

Submit Self Assessment direct to HMRC

Included

Key features

Send quarterly MTD updates to HMRC

Included

Key features

Submit your MTD year-end return

Included

Wafeq

Starter

Official plan card

Invoicing

Included

Official plan card

Quotes and purchase orders

Included

Official plan card

Accounting compliance tools

Included

Plus

Official plan card

Starter features

Included

Official plan card

Financial controls

Included

Official plan card

Business reporting

Included

Premium

Official plan card

Complete accounting solution

Included

Official plan card

Inventory and payroll

Included

Official plan card

More than 40 financial reports

Included

Enterprise

Official plan card

Premium features

Included

Official plan card

Advanced needs

Included

Official plan card

Custom requirements

Included

How their prices changed

Each date shows when a public price was observed, not when it took effect. An archived region or currency can differ, so a currency change is not necessarily a price increase.

Coconut

    • MTD Bridging: GBP 4.17 / month with annual commitment
    • MTD filing: GBP 21.99 monthly · GBP 12.99 / month with annual commitment
    • +Self Assessment: GBP 10.83 / month with annual commitment
    • Full: GBP 13.33 / month with annual commitment
    • MTD Bridging: GBP 4.17 / month with annual commitment
    • MTD filing: GBP 12.99 monthly · GBP 10.83 / month with annual commitment
    • Self Assessment: GBP 10.83 / month with annual commitment
    • Full: GBP 13.33 / month with annual commitment
    • MTD Bridging: GBP 4.17 / month with annual commitment
    • MTD filing: GBP 12.99 monthly · GBP 10.83 / month with annual commitment

Wafeq

    • Starter: USD 32 monthly · USD 26 / month with annual commitment
    • Plus: USD 39 monthly · USD 32 / month with annual commitment
    • Premium: USD 67 monthly · USD 55 / month with annual commitment
    • Enterprise: Contact sales