FreeAgent

Name: FreeAgent
Brand: FreeAgent
Price: 33 GBP
Rating: 4.4 (223 reviews)

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UK cloud accounting for limited companies and sole traders

Accounting Invoicing Expense Management Tax Software

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4.4(223 across the web)

FreemiumVisit Website

Reviews onG2Capterra

223 reviews tracked

The Bottom Line

Entry price

Free plan available, paid tiers above

Biggest pro

Comprehensive all-in-one solution covering invoicing, expenses, payroll, tax, and cash flow forecasting.

Biggest con

Primarily designed for UK-based businesses, with a focus on HMRC compliance and UK tax regulations.

TL;DR - FreeAgent

UK MTD accounting for limited companies, sole traders, and landlords. Not a US bookkeeping app.
Limited-company list price is £33/mo or £330/year excl. VAT. First-period 50% off. Free with NatWest / RBS / Ulster / Mettle (freeagent.com/pricing).
Add-ons: Smart Capture Unlimited £5/mo, Amazon UK £6/mo. 30-day trial, cancel any time.

Pricing: Free plan available

Best for: Growing teams

4.4/5 across review platforms

What is FreeAgent?

Editorial review

FreeAgent is UK cloud accounting for limited companies, sole traders, landlords, and accountants. Limited-company prices on freeagent.com/pricing, excluding 20% VAT: monthly is £33, or £16.50 for the first six months. Annual is £330, or £165 for the first year (the site shows that as £13.75 a month). The account is free if you keep a NatWest, Royal Bank of Scotland, or Ulster Bank business current account, or a Mettle account with at least one transaction a month. Optional add-ons: Smart Capture Unlimited £5 a month, Amazon UK Marketplace £6 a month. A 30-day trial exists. The product files MTD VAT, Self Assessment, PAYE, and company accounts to HMRC. It is UK-centric; US buyers should look at Wave or QuickBooks instead.

LCLouis CorneloupUpdated Aug 26, 2026 · how we evaluateSourcefreeagent.com ↗

Pros & Cons

Pros

Comprehensive all-in-one solution covering invoicing, expenses, payroll, tax, and cash flow forecasting.
Free for users with eligible UK business bank accounts (NatWest, RBS, Ulster Bank, Mettle), making it highly cost-effective.
Award-winning UK-based support team available via phone, email, and live chat.

Cons

Primarily designed for UK-based businesses, with a focus on HMRC compliance and UK tax regulations.
The free tier for bank account holders may have limited features compared to the full paid subscription.

Ratings Across the Web

4.4(223 reviews)

FreeAgent holds an aggregate rating of 4.4 out of 5 from 223 reviews across G2 and Capterra, last checked August 26, 2026.

Ratings aggregated from independent review platforms. Learn more

Preview

Key Features

HMRC-recognized Making Tax Digital (MTD) for Income Tax and VAT with direct filing to HMRC.Real-time cash flow forecasting with a 90-day projection and smart suggestions for shortfalls.Integrated payroll that submits Real Time Information (RTI) directly to HMRC, including automatic pension calculations.Automated invoicing with one-click payments, recurring invoices, and payment reminders.Mobile app for recording expenses, tracking time, managing invoices, and capturing receipts on the go.

Pricing Plans

Free Trial

Pricing checked Aug 26, 2026

Free with bank

Free

NatWest / RBS / Ulster business current account, or Mettle with 1 transaction a month
Optional paid add-ons

Monthly

£33 / mo excl. VAT

First 6 months £16.50
MTD VAT, payroll, invoicing
30-day trial

Annual

£330 / year excl. VAT

First year £165 (£13.75/mo)
Same product as monthly

Calculate your cost View full pricing

Is FreeAgent worth the price?

78/100

FreeAgent's pricing is fair and competitive for UK small businesses, with the £33/month or £330/year (£27.50/month) plans offering solid value for MTD VAT, payroll, and invoicing.

The free tier via NatWest/Mettle is a standout generous offer, making it an excellent deal for sole traders and micro-businesses already with those banks. Best for cost-conscious freelancers and startups who can leverage the bank-linked free option or the discounted first year.

Hidden Costs & Gotchas

VAT not included in listed prices

Add-ons like payroll may cost extra

How FreeAgent's pricing compares

At £27.5/mo, FreeAgent is mid-range of its 3 direct competitors (£10 to £38/mo across the set).

Zoho Books

£10

FreshBooks

£19

FreeAgent

£27.5

QuickBooks

£38

Entry paid plan, monthly. Pricing checked Aug 26, 2026.

Reviews

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4.4/5

Across 223 verified user reviews on Capterra, G2

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Best FreeAgent Alternatives

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Still deciding?

Most buyers shortlist 2 or 3 tools before committing. Pull a side-by-side comparison or browse the full alternatives shortlist below.

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FreeAgent FAQ

How does FreeAgent handle Making Tax Digital (MTD) for Income Tax?

FreeAgent is HMRC-recognized for Making Tax Digital for Income Tax. It automatically generates MTD-compatible returns, allows you to submit quarterly updates and final declarations directly to HMRC, and provides a Tax Timeline to track deadlines and obligations.

Can I use FreeAgent if I'm a landlord managing multiple properties?

Yes, FreeAgent supports landlords by allowing them to track income and expenses for multiple properties, manage tax calculations, and stay MTD-compliant. It also offers a dedicated business type selection for landlords during setup.

What payment integrations does FreeAgent support for invoicing?

FreeAgent integrates with Tyl by NatWest, Stripe, GoCardless, and PayPal. These integrations enable online payments, Direct Debits, and one-click payment links, helping you get paid faster.

How does the Smart Capture add-on work for receipts and bills?

The Smart Capture add-on (available for £5/month) provides unlimited automatic data extraction, transaction matching, and categorization for receipt and bill images. The standard plan includes processing up to 10 receipts and bills per month.

Is FreeAgent free with any UK bank account?

Yes, FreeAgent is free for customers with business bank accounts from NatWest, Royal Bank of Scotland, Ulster Bank, and Mettle. This includes full access to the software's features.

Can I file my Self Assessment tax return directly through FreeAgent?

Yes, FreeAgent auto-populates most of your Self Assessment return and allows you to file it directly to HMRC. This feature is available for sole traders, limited companies, and partnerships/LLPs.

Does FreeAgent support multi-currency transactions?

Yes, FreeAgent automatically accounts for foreign currency bank transactions using the latest exchange rates from xe.com, making it suitable for businesses dealing with international clients or suppliers.

What is the FreeAgent Radar feature?

Radar provides unique, personalized insights into your business performance. It offers tailored trend-spotting, handy reminders, and tips to help you make smarter financial decisions based on your data.

Source: freeagent.com

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