FreeAgent
UK accounting for sole traders, companies and landlords, free with a NatWest Group business account
What is FreeAgent?
FreeAgent is cloud accounting software for UK freelancers, sole traders, partnerships, limited companies and landlords. It imports bank feeds, sends invoices and estimates with online payments and reminders, tracks expenses, time and projects, runs payroll, and files Making Tax Digital VAT and Income Tax updates, Self Assessment and Corporation Tax returns to HMRC. Plans are priced by business type in pounds, excluding VAT, from £10 a month for landlords to £33 for limited companies, with yearly billing at ten times the monthly price. It is free for NatWest, Royal Bank of Scotland, Ulster Bank and Mettle business customers. Smart Capture reads receipts with AI.
Good for
- UK sole traders preparing for Making Tax Digital for Income Tax
- Limited company directors who file Corporation Tax and run payroll themselves
- NatWest, RBS, Ulster Bank or Mettle customers who want free accounting
- Landlords tracking profit per property
Key features
- Bank feeds with smart categorisation that explains new transactions from earlier ones
- Smart Capture: AI-powered data extraction, bank matching and categorisation for receipts and bills, 10 a month as standard
- Invoices, estimates, automated reminders and online payments through Tyl by NatWest, Stripe, GoCardless and PayPal
- Payroll with auto-calculated PAYE and National Insurance filed to HMRC
- MTD for VAT and MTD for Income Tax submissions, Self Assessment filing and a Tax Timeline
- Final Accounts and Corporation Tax returns for limited companies
- Cashflow forecast, Radar insights, time tracking and project profitability
- Mobile app for iOS and Android with receipt capture and a time-tracking stopwatch
Limitations to know about
- Built for UK businesses: plans cover HMRC filings and prices are in GBP excluding VAT
- Smart Capture covers 10 receipts and bills a month unless you pay £5 a month
- Accounts set up on the cash basis do not include stock or payroll features
- The pricing page does not state user limits per plan
FreeAgent pricing
FreeAgent has a free plan. Landlord (unincorporated), Sole trader, Partnership or LLP and Limited company cost £8.33 to £27.50 a month billed annually, or £10 to £33 billed monthly.
| Plan | Price | What you get |
|---|---|---|
| Free (NatWest Group and Mettle customers) | £0 | Full plan for your business type while you keep an eligible NatWest, Royal Bank of Scotland, Ulster Bank or Mettle account |
| Landlord (unincorporated) | £10/mo or £100/yr excl. VAT; 50% off at first | Property income and expenses, MTD for Income Tax, VAT, Self Assessment, bank feeds, Smart Capture |
| Sole trader | £19/mo or £190/yr excl. VAT; 50% off at first | Invoicing, estimates, expenses, projects, time tracking, payroll, MTD for Income Tax and VAT, Self Assessment |
| Partnership or LLP | £27/mo or £270/yr excl. VAT; 50% off at first | Invoicing, expenses, payroll, MTD for VAT, bank feeds, Smart Capture |
| Limited company | £33/mo or £330/yr excl. VAT; 50% off at first | Everything for a limited company plus Final Accounts and Corporation Tax returns, payroll, VAT and directors' Self Assessment |
Free plan limits: Free for as long as you hold a NatWest, Royal Bank of Scotland or Ulster Bank business current account, or a Mettle account with at least one transaction a month (Mettle is not listed for partnerships). Optional add-ons may be chargeable.
Costs on top of a plan
- Smart Capture Unlimited: £5/mo excl. VAT (Standard use covers 10 receipts and bills a month)
- Amazon: £6/mo excl. VAT (Connects an Amazon UK Marketplace account; not offered on the landlord plan)
FreeAgent alternatives
Xero
Cloud accounting with three US plans, no per-user fees, Gusto payroll and the JAX AI assistant
Sage Accounting
UK cloud accounting with payroll and the Sage Copilot AI assistant included in all three plans
QuickBooks Online
Intuit's cloud accounting for US small businesses, from a free tier to plans with AI bookkeeping
FreshBooks
Invoicing and accounting for freelancers and service businesses, priced by number of billable clients
Wave
Free invoicing and double-entry bookkeeping for small businesses, with a $19 Pro plan for bank sync
Zoho Books
Accounting with a free plan under $50K revenue, six US plans priced per organization and the Zia AI assistant
Frequently asked questions
Is FreeAgent free?
FreeAgent has a free plan. Free for as long as you hold a NatWest, Royal Bank of Scotland or Ulster Bank business current account, or a Mettle account with at least one transaction a month (Mettle is not listed for partnerships). Optional add-ons may be chargeable. Paid plans start at £8.33/mo billed annually.
How much does FreeAgent cost?
Landlord (unincorporated), Sole trader, Partnership or LLP and Limited company cost £8.33 to £27.50 a month billed annually, or £10 to £33 billed monthly. There is also a free plan. On Landlord (unincorporated): for UK unincorporated landlords; excludes 20% VAT; £100 billed yearly. The Sole trader plan is £19/month (£190/year). Promotion: 50% off for the first 6 months on monthly billing, or the first year on annual billing. Prices as published on FreeAgent's pricing page on 21 October 2026.
Can I get FreeAgent for free?
Yes, if you have a business current account with NatWest, Royal Bank of Scotland or Ulster Bank for as long as you keep it, or a Mettle account with at least one transaction a month. Optional add-ons may still be chargeable.
How many receipts can FreeAgent's Smart Capture process?
All businesses can process up to 10 receipts and bills a month. The Smart Capture Unlimited add-on removes the limit for £5 a month plus VAT.
What is FreeAgent used for?
FreeAgent is cloud accounting software for UK freelancers, sole traders, partnerships, limited companies and landlords. People use it for uK sole traders preparing for Making Tax Digital for Income Tax, limited company directors who file Corporation Tax and run payroll themselves, natWest, RBS, Ulster Bank or Mettle customers who want free accounting and landlords tracking profit per property.
What are the alternatives to FreeAgent?
Tools that do a similar job include Xero, Sage Accounting, QuickBooks Online, FreshBooks and Wave. Each has its own page here with its plans, limits and prices.
Who makes FreeAgent?
FreeAgent is made by FreeAgent Central Limited, based in Edinburgh, UK. The company was founded in 2007.
Sources
Every fact on this page comes from FreeAgent Central Limited's own pages, read on the dates shown.
- freeagent.com/pricing/ (plan prices by business type (monthly and yearly), 50%-off introductory offer, free plan conditions, add-on prices, features per plan, 30-day trial) read 21 October 2026
- freeagent.com/ (product description, AI-powered Smart Capture, integration partners, 'since 2007', registered address in Edinburgh) read 21 October 2026
- freeagent.com/features/ (feature list: bank feeds, invoicing, VAT, Self Assessment, Corporation Tax, Radar, API) read 21 October 2026
- freeagent.com/features/expenses/ (Smart Capture: AI data extraction, categorisation and bank matching) read 21 October 2026
- freeagent.com/features/mobile/ (mobile app platforms (iOS and Android) and features) read 21 October 2026
- freeagent.com/terms/ (legal company name, registered address, NatWest Group ownership) read 21 October 2026
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