FreeAgent
FreeAgent is UK cloud accounting for limited companies, sole traders, landlords, and accountants.
Our verdict
Who it's for
UK cloud accounting for limited companies and sole traders
Who should look elsewhere
Primarily designed for UK-based businesses, with a focus on HMRC compliance and UK tax regulations.
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.
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
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Free with bank | $0 | month | NatWest / RBS / Ulster business current account, or Mettle with 1 transaction a month; Optional paid add-ons |
| Monthly | $33 | month | First 6 months £16.50; MTD VAT, payroll, invoicing; 30-day trial |
| Annual | $330 | month | First year £165 (£13.75/mo); Same product as monthly |