Our verdict · 8.1/10 Excellent
One of the best options for UK freelancers and contractors, especially if your bank includes it free. Not designed for growing teams or outside the UK.
Key takeaways
- Best for: UK freelancers and contractors.
- Strongest area: Ease of use (8.8/10). Weakest: Integrations & ecosystem (6.8/10).
- Price: From around £19 / month (UK) — free trial available.
- Watch out for: UK only.
What is FreeAgent?
FreeAgent is designed for UK sole traders, limited companies and partnerships. It handles invoicing, expenses, time tracking, VAT, Self Assessment and payroll for small companies, and is free for some business banking customers. Its tax timeline shows what is due and when.
FreeAgent is made by FreeAgent and is reviewed here as a accounting tool. It is priced on a subscription basis, and our editorial score is 8.1 out of 10, calculated from six weighted criteria.
Who it’s for — and who should skip it
Choose FreeAgent if
- UK freelancers and contractors
- Small UK limited companies
- Sole traders filing Self Assessment
Not for you if
- Non-UK businesses
- Larger teams with complex needs
Key features
See upcoming tax deadlines and estimated bills.
File personal tax returns directly.
Track and bill time.
RTI payroll for small companies.
- Stripe
- PayPal
- Zapier
- Open Banking feeds
Pros & cons
What we like
- Tax timeline and estimates
- Self Assessment filing
- Time tracking and projects
- Free with some UK banks
Watch out for
- UK only
- Limited inventory
- Fewer integrations
Pricing & true cost
| Plan | Indicative price | Notes |
|---|---|---|
| Sole Trader | ≈ $19 / mo | Monthly, after intro discount |
| Partnership | ≈ $24 / mo | Monthly |
| Limited Company | ≈ $29 / mo | Monthly |
Pricing watch-out: Free with some UK business bank accounts.
Contract questions to ask before you sign
- Does the plan auto-renew, and how many days’ notice do you need to cancel?
- Is the advertised price for annual billing? What is the month-to-month price?
- Is the first-year price a promotion? What will renewal cost, and is it capped?
- Is there a minimum number of seats, or a charge for inactive users?
- Are onboarding, implementation or premium-support fees extra?
- How do we export all our data if we leave, and in what format?
General questions for any vendor — not findings about this product. Build a full checklist with our requirements builder.
Indicative USD pricing, last checked October 31, 2026. Vendors change prices and promotions often — always confirm on their website. Model your own numbers with our SaaS TCO calculator.
Score breakdown
| Criterion | Weight | Score | Points | |
|---|---|---|---|---|
| Features & fit | 25% | 7.8 | 2.00 | |
| Ease of use | 20% | 8.8 | 1.80 | |
| Value for money | 20% | 8.6 | 1.70 | |
| Support & reliability | 10% | 8.0 | 0.80 | |
| Security & privacy | 10% | 8.2 | 0.80 | |
| Integrations & ecosystem | 15% | 6.8 | 1.00 | |
| Overall | 100% | Weighted for business software products | 8.1 | |
Security & compliance facts
| Item | Status | Question to ask FreeAgent |
|---|---|---|
| Multi-factor authenticationStops most account takeovers from reused or phished passwords. | Not verified by us | Can admins enforce MFA for every user, on every plan? |
| Single sign-on (SAML/OIDC)Lets you remove a leaver’s access everywhere from one place. | Not verified by us | Is SSO included on the plan we are buying, or only on enterprise tiers? |
| SOC 2 Type II reportIndependent audit of the vendor’s security controls — often required by larger customers. | Not verified by us | Can we see your current SOC 2 Type II report (under NDA if needed)? |
| ISO/IEC 27001 certificationInternational standard for running an information-security programme. | Not verified by us | Which legal entity and services does your ISO 27001 certificate cover? |
| GDPR data processing agreementNeeded if you handle personal data of people in the EU/UK. | Not verified by us | Do you offer a signed DPA and list your sub-processors? |
| HIPAA business associate agreementRequired before US healthcare businesses store protected health information. | Not verified by us | Will you sign a BAA, and on which plans? |
We have not yet verified these items for FreeAgent against a primary source, so we don’t claim them either way. Check FreeAgent’s trust or security page and ask for documents in writing.
Before you buy any accounting tool
Check FreeAgent against the same list we use for every accounting tool — and confirm each point on the plan you intend to buy, not the top tier.
- Supported bank feeds for your accounts
- Invoicing with online payments
- Sales tax / VAT handling for your regions
- Accountant or bookkeeper access
- Reports: P&L, balance sheet, cash flow
See every ranked option in Accounting Software.
FreeAgent alternatives
Pick an alternative by what matters to you
- CheaperZBZoho Books≈ $15/mo vs $19/mo at 10 users (cheapest paid plans, indicative)
- Has a free planZBZoho BooksFreeAgent has no free plan; Zoho Books does
- Better integrations
QuickBooks OnlineIntegrations score 9.4 vs 6.8 - Higher overall scoreQuickBooks OnlineOverall 8.5 vs 8.1
Computed from our published scores and indicative pricing for tools in the same category as FreeAgent. Scores are editorial; see the methodology.
Editor’s picks
Cloud accounting with unlimited users and a clean, modern interface.
Established cloud accounting with strong UK and European tax compliance.
Invoicing-first accounting for freelancers and service businesses.
Featured in: Best Accounting Software for Freelancers
Review history
- Scored under methodology v2.0 (six weighted criteria, computed overall score).
FreeAgent FAQ
Is FreeAgent free?
It is free for some UK business banking customers; otherwise a monthly subscription.
Can FreeAgent file my Self Assessment?
Yes, it supports Self Assessment filing for UK users.
Does FreeAgent have a free plan?
No, FreeAgent does not offer a permanent free plan, but a free trial is available. Pricing starts at From around £19 / month (UK) (indicative).
Who is FreeAgent best for?
FreeAgent is best for: UK freelancers and contractors; small UK limited companies; sole traders filing Self Assessment.
How is the FreeAgent score calculated?
The 8.1/10 overall score is a weighted average of six sub-scores — features & fit, ease of use, value, support & reliability, security & privacy, and integrations — using the published weights for software products. Affiliate relationships have no input. See our methodology page for the full rubric.
What are the best alternatives to FreeAgent?
Popular alternatives include Xero, Sage Accounting, FreshBooks. See our comparisons for side-by-side verdicts.