The short verdict
FreeAgent is built in the UK for sole traders, freelancers and small limited companies — and it is free with several UK business bank accounts.
Our FreeAgent review
Edinburgh-based FreeAgent focuses on the UK micro-business: it prepares Self Assessment, VAT and Corporation Tax figures, tracks mileage and expenses and gives a clear tax timeline so there are no January surprises. Automated categorisation takes care of most bank transactions.
Its killer feature is price: FreeAgent is included free with eligible NatWest, Royal Bank of Scotland, Ulster Bank and Mettle business accounts. For a freelancer that can mean MTD-ready accounting at no cost.
What we like
- Built for UK tax rules
- Free with eligible bank accounts
- Clear tax timeline
- MTD-recognised
Watch out for
- Less suited to larger SMEs
- Fewer integrations than Xero
- AI features are modest
Key features
- Self Assessment
- MTD VAT
- Tax timeline
- Mileage & expenses
- Automated categorisation
UK business & GDPR notes
UK-built and HMRC-recognised for MTD. Free with eligible NatWest, RBS, Ulster Bank and Mettle accounts.
FreeAgent pricing (UK)
| Entry paid plan | Free with eligible bank accounts |
|---|---|
| Free plan | Yes |
| Notes | Otherwise from ~£19/mo depending on business type. |
Indicative pricing, may exclude VAT. Last reviewed 24 September 2026 — confirm on the vendor's site.