Brought to you by
Coconut
Coconut’s simple bookkeeping and tax app is specifically designed for sole traders, helping them...
Share this content

Coconut enlists top UK accountants to help solve ITSA challenges

25th May 2022
Brought to you by
Coconut
Coconut’s simple bookkeeping and tax app is specifically designed for sole traders, helping them...
Share this content

We’re delighted to announce our new Accountant Advisory Board: a stellar lineup of some of the UK’s most forward-thinking accountants, who will be helping us to build the products and services that really change the way accountants and bookkeepers work with sole traders, both today and in the future.

Coconut Advisory Board

With the 2022-23 tax year now in full flow, the clock is well and truly ticking until Making Tax Digital for Income Tax really kicks in—legislation that will dramatically change how we work with sole traders.

With that in mind, we wanted to take a moment to outline how Coconut will support our Accountant Partners through this change.

MTD ITSA presents an incredible opportunity for accountants to grow their sole-trader client base—and, as a result, revenue. And it’s an opportunity that we want all accountants who work with sole traders to be able to capitalise on.

But there are many considerations, such as:

  • What’s the best technology stack for these customers?
  • How should we charge, to make sure we can provide a good value service at a decent margin?
  • How do we win our share of the market without investing heavily in technology or process?

With this in mind, over the next 24 months we’re going to be fully dedicated to helping our accountant and bookkeeper partners solve these (and other) obstacles they’re facing.

And to do so, we’ve put together a stellar advisory board—made up of some of the UK’s most forward-thinking accountants—to help us zone in on the biggest challenges, and consequently build the game-changing products and services that really change the way you work with sole traders, both today and in the future.

And here they are!

Meet our Accountant Advisory Board

Dan Woodward 

Product, Sales and Marketing Director at Aegis

“We've been promoting Coconut as our tool of choice for sole traders and micro-business owners for several years now, as it enables us to finally scale our service to this important target demographic for us, without getting bogged down in administration, chasing paperwork or implementing over-featured and complex tools. 

Chris Mollan

Founder and Managing Director at Clever Accounts‍

Ele Stevens

Founding Director at the barefoot accountant

“Coconut has been an absolute game-changer for our sole trader clients, and even those who have been reticent to use software are converted once they start using it. I feel honoured to be asked to join the Coconut Accountant Advisory Board and contribute to the future development of this fantastic product!”

James Twigger

Managing Director at Accounting 4 Everything

Sara Whitton

Client Services Director at My Management Accountant

"We are already using Coconut as a cloud solution for our self-employed clients. It's a great solution already and the development of the software to assist the self- employed complying with making tax digital requirements will be essential for many small business owners. I am looking forward to assisting Coconut with the development of the product." 

About Coconut 

Having worked with sole traders for the past four years, we know that they are different from the other clients that accountants and bookkeepers work with. And in doing so, we’ve built a deep understanding of what accountants need to make sole traders their favourite clients. 

Coconut is simple tax and accounting software for sole traders and accountants. 

We’ve built a mobile app that makes it easy for your sole trader clients to stay on top of their bookkeeping and share their records and receipts with you through the Coconut Portal—so you can enjoy instant access to your clients’ accounting information, and make the most of the huge growth opportunity that MTD ITSA presents.

To find out more about how we’re helping accountants and bookkeepers easily prepare your sole traders for MTD ITSA, spend less time chasing paperwork, and uncover major opportunities for revenue growth, book a call with our team at the link below:

Book a call