FreeAgent

Name: FreeAgent
Price: 10 GBP

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Score9.0

Rank#3 of 76

From£4.17/mo

Free planYes

Free trialYes

Runs onAndroid, iOS, Web

Summary

FreeAgent is accounting software for handling business administration, including invoicing, expenses, tax reporting, and business reports. It builds real-time accounts from bank statements, invoices, and expenses, with Profit and Loss, Balance Sheet, and Trial Balance reports. Users can create recurring invoices, send late-payment reminders, turn estimates into invoices, and accept payments through Stripe and PayPal. FreeAgent can prepare MTD-compatible VAT returns and file them with HMRC; payroll calculates PAYE and National Insurance and can submit Real Time Information payroll to HMRC. Its iOS and Android apps cover expense recording, time tracking, invoice management, and bank transaction reconciliation. Bank feeds are available from most UK banks via Open Banking. FreeAgent is designed for small businesses, accountants, and bookkeepers, and lists support accountants based in the UK reachable online or by phone. Plans include a free option and paid options such as Sole trader at 10.00 GBP per month and Limited company at 33.00 GBP per month. Smart Capture covers up to 10 receipts and bills monthly as standard; an add-on removes that limit.

Who it is for

FreeAgent is aimed at small businesses, accountants, and bookkeepers managing accounts, invoices, expenses, or tax tasks. Its mobile apps may suit users who want to record expenses, track time, or manage invoices on iOS or Android.

What is good

Builds accounts from bank statements, invoices, and expenses
Supports recurring invoices and late-payment reminders
Files MTD-compatible VAT returns directly to HMRC
iOS and Android apps include expense recording

What to know first

Smart Capture standard allowance is 10 receipts and bills monthly
Cash-basis accounting excludes Stock and Payroll
Third-party integration support is limited

Verdict

FreeAgent brings accounting, invoicing, expenses, tax reporting, and payroll into one service, with mobile apps and UK bank feeds. Check the plan and add-on terms, particularly the Smart Capture allowance and cash-basis feature exclusions.

FreeAgent plans and pricing

All plans

Sole trader £10/mo billed monthly freeagent.com · 19 Sept 2026

Partnership or LLP £19/mo billed monthly freeagent.com · 19 Sept 2026

Limited company £33/mo billed monthly freeagent.com · 19 Sept 2026

Free Free billed monthly freeagent.com · 19 Sept 2026

Bank-account-funded account Free Free while eligible bank-account conditions are met; optional add-ons may be chargeable. NatWest, Royal Bank of Scotland or Ulster Bank business current account while retained · Mettle account with at least one transaction per month freeagent.com · 30 Sept 2026

Smart Capture Unlimited add-on £5/mo Billed monthly; price excludes 20% VAT. Unlimited Smart Capture use · Standard allowance is up to 10 receipts and bills per month freeagent.com · 30 Sept 2026

Compared on bookkeeping software

Free plan: Yesfreeagent.com

Facts

Free plan: Yesfreeagent.com · 19 Sept 2026
Product: FreeAgent is accounting software designed to automate business admin such as invoicing and expenses, streamline tax reporting and provide business insights and reports.freeagent.com · 30 Sept 2026
Intended users: FreeAgent says its software is designed for small businesses, accountants and bookkeepers.freeagent.com · 30 Sept 2026
Accounting: FreeAgent automatically builds real-time business accounts from bank statements, invoices and expenses, and provides reports including Profit and Loss, Balance Sheet and Trial Balance.freeagent.com · 30 Sept 2026
Invoicing: Users can create recurring invoices, automate late-payment reminders, convert estimates into invoices, and accept invoice payments through Stripe and PayPal.freeagent.com · 30 Sept 2026
Tax: The software can generate MTD-compatible VAT returns and file them directly to HMRC; the pricing page also lists Self Assessment and end-of-year filing features for relevant business types.freeagent.com · 30 Sept 2026
Payroll: FreeAgent payroll calculates PAYE and National Insurance and can submit Real Time Information payroll directly to HMRC.freeagent.com · 30 Sept 2026
Mobile app: FreeAgent offers iOS and Android apps for tasks including expense recording, time tracking, invoice management and bank transaction reconciliation.freeagent.com · 30 Sept 2026
Integrations: FreeAgent lists partner integrations and supports bank feeds from most UK banks via Open Banking, as well as connections to HMRC for MTD VAT.support.freeagent.com · 30 Sept 2026
Integration support: FreeAgent says it cannot provide detailed support for third-party integrations because those are developed and supported outside FreeAgent.support.freeagent.com · 30 Sept 2026
Security: FreeAgent says data in transit is encrypted using HTTPS and TLS 1.2 and stored data uses 256-bit AES encryption; its data centres have ISO 27001, 27017 and 27018 certification.freeagent.com · 30 Sept 2026
Security certification: FreeAgent states it is Cyber Essentials Plus certified.freeagent.com · 30 Sept 2026
Support: The pricing page says users can contact UK-based support accountants online or by phone.freeagent.com · 30 Sept 2026
Smart Capture limit: All businesses can use Smart Capture for up to 10 receipts and bills per month as standard; the paid Unlimited add-on removes that limit.freeagent.com · 30 Sept 2026
Cash-basis limit: FreeAgent states that choosing cash-basis accounting excludes Stock and Payroll features.freeagent.com · 30 Sept 2026
Company history: FreeAgent says it launched in 2007 and identifies its founders as Ed, Olly and Roan.freeagent.com · 30 Sept 2026