FreeAgent in our research
What it costs
A month of books at 100 transactions
about $25
a month at 100 transactions, on Sole trader
Checked against the maker's own pages, 26 October 2026.
FreeAgent price and plans
Prices excluding tax, as FreeAgent publishes them.
Limited company
£33 (about $44) a month
- Flat fee
Partnership or LLP
£27 (about $36) a month
- Flat fee
Sole trader
£19 (about $25) a month
- Flat fee
Landlord
£10 (about $13) a month
Keeps no full set of books
- Flat fee
Free
Free
Partner customers only
- Flat fee
Pricing page, captured
freeagent.com/pricing, checked
What FreeAgent costs at your volume
| Transactions a month | Cost | Plan |
|---|---|---|
| 100 transactions | £19 a month (about $25)on Sole trader | Sole trader |
| 500 transactions | £19 a month (about $25)on Sole trader | Sole trader |
What we checked on FreeAgent
Cost at 100 transactions a month
£0 a month on Free for 100 transactions.
If you have a business current account with NatWest, Royal Bank of Scotland, Ulster Bank, for as long as you retain the account - or have a Mettle…
freeagent.com/pricingChecked
Cost at 500 transactions a month
£0 a month on Free for 500 transactions.
On the page: Pricing page, Free card
freeagent.com/pricingChecked
Cost for a solo freelancer
A freelancer pays the Sole trader plan: £19 a month (about $25) plus VAT at the regular rate, £9.50 (about $13) for the first six months, with bank feeds and receipt capture included and no per-transaction charge.
Regular price: £19/month (about $25)
freeagent.com/pricingChecked
Promotion and regular price
promotion: every paid plan is advertised at 50% off for the first six months (or first year on annual billing), after which the regular published price applies.
50% off for your first six months
freeagent.com/pricingChecked
Ledger included
FreeAgent is the accounting ledger itself: it keeps the books, builds the accounting reports and files the returns, so no QuickBooks or Xero subscription sits underneath it.
Key accounting reports are built automatically and available to view at any time.
What the price is based on
One flat monthly fee per business, set by the business type rather than by transaction volume, spending or seats: £33 (about $44) limited company, £27 (about $36) partnership, £19 (about $25) sole trader, £10 (about $13) landlord.
Regular price: £33/month (about $44)
freeagent.com/pricingChecked
Past your plan’s limits
No transaction cap is published, but Smart Capture is metered: ten receipts and bills a calendar month as standard, and more only via the £5 (about $6.70) unlimited add-on.
All businesses can use Smart Capture to process up to 10 receipts and bills per month as standard. The Smart Capture Unlimited add-on enables…
freeagent.com/pricingChecked
Setup or onboarding fee
The vendor states plainly that it charges nothing to set up an account, and the UK pricing page lists no onboarding or implementation fee beside any plan.
There are no set-up fees of any kind.
freeagent.com/us/pricingChecked
Notice before a price rise
The terms of service promise at least 60 days' advance notice of a price or payment-term change, and a chance to decide whether to carry on before any increase.
Where the change relates to the price or payment terms we’ll give you not less than 60 days’ advance notice of the change.
freeagent.com/company/termsChecked
What the AI does
Two AI features: machine-learning categorization of bank transactions that learns from your corrections, and Smart Capture, which extracts data from receipts and bills and matches them to transactions.
Our machine learning functionality harnesses the power of AI to automatically categorise your transactions. It gets smarter over time as it learns…
What the AI costs
included in every plan for smart categorization and the first ten captures a month; processing more than ten receipts or bills needs the £5 (about $6.70)-a-month Smart Capture Unlimited add-on.
Unlock unlimited use of the Smart Capture tool, which offers automatic data extraction, transaction matching and categorisation for receipt and bill…
freeagent.com/pricingChecked
Categorizes transactions
The Guess feature categorizes imported bank transactions using machine learning on your own past explanations, so corrections you make feed the next suggestion.
Guess has been enhanced with AI-powered machine learning algorithms that can automatically categorise new bank transactions.
Reconciles your accounts
A Bank Reconciliation report compares the FreeAgent balance with the bank statement balance for each account; you run and review it yourself rather than it closing the month for you.
The Bank Reconciliation report is designed to aid with the bank reconciliation process of checking that the balance on your bank statement matches…
Reads receipts and bills
Photograph, share or drag in a receipt or bill and Smart Capture extracts the key data, suggests a category and attaches it to the matching bank transaction for approval.
FreeAgent will then extract key data, provide AI-powered categorisation and automatically match a bill or receipt to the relevant bank transaction.…
Pays your bills
Bills are captured, recorded and tracked as accounts payable inside FreeAgent, but actually paying them is left to partner products in its own Payment solutions directory rather than done in the product.
Keep track of supplier invoices and accounts payable status
Sends invoices
You create, send and automate invoices and reminders from web or mobile, and customers pay in one click through Stripe, PayPal, GoCardless or Tyl, which records the payment against the invoice.
Get paid faster with smart invoicing tools. Create automated invoices and reminders and set up easy online payments.
freeagent.com/pricingChecked
Accrual books and reports
It keeps accruals-basis books with automatic accounting reports, a dashboard profit and loss and limited-company Final Accounts; what it publishes for cash is a Cashflow forecast, not a monthly cash flow statement.
See the big picture for your business including cashflow, profit and loss, invoice and tax timelines.
freeagent.com/pricingChecked
People check the books
Checking the AI is yours: Smart Capture ends with you approving each captured bill or receipt, and no plan includes a bookkeeper reviewing the books, only UK support accountants answering questions.
Then all you have to do is hit ‘approve’. Job done!
Your accountant can sign in
You invite your accountant or bookkeeper into the same books, or a FreeAgent partner practice moves the account onto its Practice Dashboard; the plan price is per business, not per seat.
Send your accountant or bookkeeper an invite to start working seamlessly together in real time.
freeagent.comChecked
Bank and card feeds
Open Banking and third-party API bank feeds import business transactions automatically for the major UK banks; unsupported banks fall back to statement upload or manual entry.
Bank feeds automatically import all of your business transactions into your FreeAgent account and they’re super easy to set up. FreeAgent supports…
Stripe
Its partner directory carries Stripe, PayPal, GoCardless, Tyl, SumUp, WooCommerce and a paid Amazon UK add-on, but no Shopify, Square or Gusto appear in any category of that directory.
Import PayPal transactions automatically and accept card payments from customers.
freeagent.com/integrationsChecked
Shopify
Its partner directory carries Stripe, PayPal, GoCardless, Tyl, SumUp, WooCommerce and a paid Amazon UK add-on, but no Shopify, Square or Gusto appear in any category of that directory.
On the page: Integrations directory, Payment solutions category, PayPal entry
freeagent.com/integrationsChecked
PayPal
Its partner directory carries Stripe, PayPal, GoCardless, Tyl, SumUp, WooCommerce and a paid Amazon UK add-on, but no Shopify, Square or Gusto appear in any category of that directory.
On the page: Integrations directory, Payment solutions category, PayPal entry
freeagent.com/integrationsChecked
Square
Its partner directory carries Stripe, PayPal, GoCardless, Tyl, SumUp, WooCommerce and a paid Amazon UK add-on, but no Shopify, Square or Gusto appear in any category of that directory.
On the page: Integrations directory, Payment solutions category, PayPal entry
freeagent.com/integrationsChecked
Gusto payroll
Its partner directory carries Stripe, PayPal, GoCardless, Tyl, SumUp, WooCommerce and a paid Amazon UK add-on, but no Shopify, Square or Gusto appear in any category of that directory.
On the page: Integrations directory, Payment solutions category, PayPal entry
freeagent.com/integrationsChecked
Payroll
built in: monthly payroll with RTI submission to HMRC, payslips and P60s is part of the subscription, and extra employees cost nothing more.
All-in-one payroll and accounting - at no extra cost
Moves your history in
Switching imports contacts, opening balances from your trial balance and up to two years of bank transactions at no stated cost, but historical sales invoices and bills need a third-party tool such as AutoEntry, Dext or Fabio.
While not essential, you can also import historical sales invoices or bills (supplier invoices) using a third-party integration such as AutoEntry,…
Platforms
web, ios, android: it runs in the browser on any internet-connected device, with native iOS and Android apps; no Windows or Mac desktop application is offered.
Download it now on iOS and Android:
Getting your books out
Level 8 users can export the whole account to a spreadsheet and all attachments to a zip; FreeAgent warns the export is for record keeping and cannot be loaded back in.
You can either export all of your account data into a spreadsheet file, or you can export all of your files and attachments into a zip folder.
Files your tax return
On every plan it files Self Assessment straight to HMRC for sole traders, company directors and unincorporated landlords, plus Final Accounts and Corporation Tax returns for limited companies.
File your tax return directly to HMRC (if you’re a sole trader, director of a limited company or unincorporated landlord)
Files 1099s
The vendor's own inventory of what can be filed from FreeAgent is End of Year accounts, Payroll, Self Assessment and VAT, all to HMRC or Companies House; US contractor forms are not among them.
Read on to find out more about the following tax and other official forms can be filed using FreeAgent: End of Year accounts Payroll Self Assessment…
Quarterly tax estimates
The Tax Timeline calculates what is owed and when from your books, and the product sends MTD for Income Tax quarterly updates to HMRC with reminders you can sync to a calendar.
Your Tax Timeline will help you keep track of how much is due, when you have to pay and when you have to file your next tax return.
Calculates sales tax
UK VAT rates apply to invoice lines and returns are generated from the bookkeeping data; the US edition instead lets you configure multiple sales tax rates, including compound rates, and reports what you charged.
Get your VAT return generated automatically from your bookkeeping data
freeagent.com/features/vatChecked
Files sales tax
UK VAT returns are filed directly to HMRC from FreeAgent but it does not pay the bill for you, and the US edition produces sales tax reports only, with no filing.
Enables you to file VAT returns online directly to HMRC
freeagent.com/features/vatChecked
Inventory
Stock items can be created, bought and sold on the one subscription, but the vendor states the stock functionality is unavailable on unincorporated landlord accounts and on cash-basis accounts.
FreeAgent's stock functionality won't be available if you have an unincorporated landlord account or if you're preparing your accounts using cash…
Other currencies
Invoices, bills and expenses can be raised in other currencies with xe.com rates, and foreign-currency bank accounts are supported, on the single subscription with no currency add-on.
Support for multi-currency bank accounts
Mileage
Mileage claims are logged manually at HMRC's allowable rates, on mobile as well as desktop; the vendor describes recording a claim rather than a GPS tracker that logs trips by itself.
Log mileage expenses quickly and easily using HMRC’s allowable rates.
Billable time
Billable time is tracked against projects on web and mobile, added to invoices grouped by task or date, and reported through timesheets, all on the one plan.
Track the time you spend on projects, add this to invoices and generate timesheet reports.
freeagent.com/pricingChecked
Profit by project or job
Projects carry their own income, expenses and profitability view on the single subscription, with estimates, invoices, time and tasks grouped under each project.
Check project income, expenses and profitability, and manage complex projects with ease.
freeagent.com/pricingChecked
For accounting firms
A free Practice Dashboard manages clients in bulk, with Partner Program discounts that deepen as active licenses grow; own-branding is not among the benefits described.
There's no cost to get started with FreeAgent. Once you sign your agreement, you'll gain access to your free Practice Dashboard and you'll only be…
freeagent.com/accountantsChecked
Several businesses
One account holds one business: the vendor's guidance for someone running two businesses assumes a separate FreeAgent account, and so a separate subscription, for each.
If you have two businesses, with a separate FreeAgent account for each
Canada
a US and a global edition exist with configurable sales tax reporting, and Canada and Australia are never named.
Set up and configure the sales tax rate for your country
Australia
a US and a global edition exist with configurable sales tax reporting, and Canada and Australia are never named.
On the page: US sales tax page, 'Here's the lowdown on sales tax FreeAgent' list
Free trial or free plan
A 30-day trial runs on your own books with no card and no contract, and the account stays free indefinitely for NatWest, RBS, Ulster Bank and qualifying Mettle customers.
Try a 30-day free trial today - no credit card, no contract.
Sign up without a sales call
Small businesses sign up, subscribe and cancel online without talking to anyone; only the accountant and bookkeeper partner route asks for a form and a call.
You can easily cancel your account from within FreeAgent and you can download your data at any time.
freeagent.com/us/pricingChecked
Contract and cancelling
Monthly billing with no commitment, canceled from the Billing page in the app; annual billing is offered as a cheaper alternative rather than a required term.
You can close the Account Holder’s FreeAgent account at any time by accessing The Service and using the “cancel my account” option on the “Billing”…
freeagent.com/company/termsChecked
Support
UK support accountants answer by phone on 0800 288 8691, email and chat, 9am-5pm Monday to Thursday and 9am-4pm Friday, so there is no weekend or after-hours cover.
Support hours are 9am - 5pm from Monday to Thursday, and 9am - 4pm on Friday.
FreeAgent alternatives
All 9 alternativesHead to headFreeAgent vs Zoho Books
6 more alternatives
6 of the 9 publish a price.
- Booke AINo list priceAn AI bookkeeper that works inside QuickBooks Online and Xero to categorize transactions and match documents.
- SimpleAIFrom $79 a monthAI agents that extract, classify and reconcile accounting documents, then publish them into Xero or QuickBooks.
- Sage AccountingFrom about $27 a monthSage's cloud small-business ledger with built-in payroll and the Sage Copilot assistant; US edition retired.
- FreshBooksFrom $23 a monthDouble-entry small-business ledger built around invoicing, with a read-only Claude connector for questions.
Sources and changes
Last changed
Sources22
- freeagent.com/pricing
- freeagent.com/features/banking
- freeagent.com/features/expenses
- freeagent.com/company/terms
- freeagent.com/features/self-assessment
- freeagent.com/features/vat
- freeagent.com/us/pricing
- freeagent.com/
- freeagent.com/accountants
- freeagent.com/company/contact-us
- freeagent.com/features/accounting-software
- freeagent.com/features/mobile
- freeagent.com/features/payroll
- support.freeagent.com/hc/en-gb/articles/115001218490-Export-all-data-attachments-and-files-in-your-FreeAgent-account
- support.freeagent.com/hc/en-gb/articles/115001219690-Create-a-new-stock-item
- support.freeagent.com/hc/en-gb/articles/115001586004-How-does-Guess-explain-your-transactions
- support.freeagent.com/hc/en-gb/articles/15539041420178-What-can-you-file-using-FreeAgent
- support.freeagent.com/hc/en-gb/articles/7096372611346-Bank-Reconciliation-report
- support.freeagent.com/hc/en-gb/articles/7996920939794-Record-inter-business-transactions
- freeagent.com/integrations
- freeagent.com/switch-to-freeagent
- freeagent.com/us/features/sales-tax
What changed on this page1
- Bookkeeping features, free plan, plan limits, prices, terms
Is this yours?
Make it yours for free, then check who reads this page, marked as verified. You confirm it with an email at freeagent.com.
Report an error if a fact is wrong.