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Coconut vs Xero

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 12.99 monthly · GBP 10.83 / month with annual commitment

£12.99 per month Or £129.99 per year

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 Bundle · Fixed

USD · US · source: www.xero.com

Plan Pricing Charged by Offer type
Early — default
USD 25 monthly · USD 25 / month with annual commitment

Then $25 per month

Flat · per month Standalone · Fixed
Growing — default
USD 55 monthly · USD 55 / month with annual commitment

Then $55 per month

Flat · per month Standalone · Fixed
Established — default Highlighted
USD 90 monthly · USD 90 / month with annual commitment

Then $90 per month

Flat · per month Standalone · Fixed

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

Highlights

Download our ready-made MTD spreadsheet template

Included

Highlights

One click upload of the completed spreadsheet

Included

Highlights

No bookkeeping software required

Included

Highlights

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

Self Assessment

Key features

Submit Self Assessment direct to HMRC

Included

Key features

Built-in tax saving suggestions

Included

All tax forms supported

Basic tax return (SA100)

Included

All tax forms supported

Employment income (SA102)

Included

All tax forms supported

Self-employment income (SA103)

Included

All tax forms supported

Partnerships (SA104)

Included

All tax forms supported

Property income (SA105)

Included

All tax forms supported

Foreign income (SA106)

Included

All tax forms supported

Trust income (SA107)

Included

All tax forms supported

Capital gains (SA108)

Included

All tax forms supported

Residency status (SA109)

Included

Full

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

Xero

Early — default

Highlights

Send quotes and 20 invoices†

Included

Highlights

Accept online invoice payments^

Included

Highlights

5 bills

Included

Highlights

Reconcile bank transactions

Included

Highlights

Smart Document Capture

Included

Highlights

View real-time reports

Included

Highlights

W-9 + 1099 management

Included

Highlights

Sales tax

Included

Highlights

Visualize performance with basic graphs

Included

Highlights

30 day cash flow forecast

Included

Highlights

Make online bill payments (Domestic - Free ACH)

Included

Highlights

Make online bill payments (Cross Border)

Included

Growing — default

Highlights

Everything in Early, plus:

Included

Highlights

Send invoices and quotes

Included

Highlights

Automate bill entry and track bills

Included

Highlights

Auto-reconcile bank transactions

Included

Highlights

Visualize performance with graphs

Included

Highlights

60 day cash flow forecast

Included

Highlights

Customize performance dashboards

Included

Highlights

Tailored financial health scorecards

Included

Established — default

Highlights

Everything in Growing, plus:

Included

Highlights

180 day cash flow forecast

Included

Highlights

Analyze KPIs and ratios

Included

Highlights

Use multiple currencies

Included

Highlights

Track time and costs for projects

Included

Highlights

Employee expense and mileage claims

Included

Highlights

Benchmark against the industry

Included

Highlights

Make online bill payments (International)

Included

How their prices changed

Each dated row shows the public prices observed when that vendor’s pricing page changed.

Coconut

  1. Source
    • 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
  2. Source
    • MTD Bridging: GBP 4.17 / month with annual commitment
    • MTD filing: GBP 12.99 monthly · GBP 10.83 / month with annual commitment

Xero

  1. Source
    • Early — default: USD 25 monthly · USD 25 / month with annual commitment
    • Growing — default: USD 55 monthly · USD 55 / month with annual commitment
    • Established — default: USD 90 monthly · USD 90 / month with annual commitment