FreeAgent

Name: FreeAgent
Brand: FreeAgent

Cloud accounting built for UK sole traders, landlords, and small limited companies.

softwareAccounting & Finance accountinguk-taxself-assessment

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Our Verdict

Best for

UK-based freelancers, landlords, and small companies that need HMRC-compliant filing built in.

Skip if

You operate outside the UK and do not need Making Tax Digital compliance.

What is FreeAgent?

FreeAgent is a cloud-based accounting platform established in 2007 that serves UK small businesses, self-employed contractors, landlords, and the accounting practices that support them. It is HMRC-recognized for Making Tax Digital, handling Income Tax, VAT, and Self Assessment filing directly from the platform. The software covers invoicing with automated payment reminders, AI-assisted expense capture through its Smart Capture feature, integrated payroll with RTI submission to HMRC, and 90-day cashflow forecasting. FreeAgent also offers a dedicated practice dashboard for accountants managing multiple clients, and is included free for customers holding a business account with certain UK banks such as NatWest, RBS, Ulster Bank, or Mettle.

SpecificationsAI-estimated

open source❌ No

api available✅ Yes

support optionsUK-based human support

key integrationsUK Open Banking feeds, HMRC, Amazon (add-on)

Key Features of FreeAgent

File Self Assessment, VAT, and Income Tax returns directly through HMRC-recognized Making Tax Digital tools.

Capture receipts and bills automatically using AI-powered Smart Capture.

Run payroll with real-time information submission to HMRC included at no extra cost.

Forecast cashflow up to 90 days ahead with real-time tracking.

Connect UK bank accounts through Open Banking feeds for automatic transaction import.

Manage multiple rental properties, including joint ownership scenarios, as a landlord.

Send customizable invoices with automated payment reminders and online payment collection.

Give accountants a dedicated practice dashboard to manage multiple client accounts.

Use Cases for FreeAgent

Sole trader tax filing

A freelance contractor files Self Assessment returns directly through the platform.

Landlord property management

A landlord tracks income and expenses across multiple rental properties with joint ownership.

Limited company payroll

A small limited company runs payroll with automatic RTI submission to HMRC.

Accounting practice management

An accounting firm manages several client accounts from a single practice dashboard.

Pros & Cons of FreeAgent

Pros

Free for customers of certain UK banks like NatWest, RBS, and Mettle
Purpose-built for UK tax rules including Making Tax Digital
Payroll with RTI submission included at no extra cost
UK-based human support

Cons

Focused specifically on UK tax rules, limiting use outside the UK
Discounted introductory pricing rises after the initial promotional period
Optional add-ons like Smart Capture and Amazon integration cost extra

Frequently Asked Questions

Is FreeAgent free for anyone?

Yes, it is free for business current account holders at certain UK banks such as NatWest, RBS, Ulster Bank, and Mettle.

Does FreeAgent support Making Tax Digital?

Yes, it is HMRC-recognized for MTD filing of Income Tax, VAT, and Self Assessment.

Can I run payroll through FreeAgent?

Yes, payroll with RTI submission to HMRC is included at no extra cost.

Is FreeAgent only for UK businesses?

Yes, it is built specifically around UK tax rules and HMRC filing requirements.

Pricing Overview

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Paid (Subscription)

Sole Trader

GBP 9.50/month (50% off first 6 months)

Limited Company

GBP 16.50/month (50% off first 6 months)

Landlord

GBP 5/month (50% off first 6 months)

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