FreeAgent Promo Codes & Review 2026: Features, Pricing, Pros & Cons

Confidently manage accounting, taxes, and business finances with FreeAgent in 2026.

January 27, 2026 • 5 min read •

FreeAgent stands out as a top UK-based cloud accounting platform tailored for SMBs, freelancers, and accountants in 2026. The brand’s focus on compliance, automation, and intuitive digital workflows positions FreeAgent at the center of the evolving business finance landscape. This review examines its capabilities, value proposition, pricing, and what makes it unique as business owners look to future-proof their operations.

From Launch to 2026: FreeAgent’s Timeline & Strategic Evolution

2007: FreeAgent launches in Edinburgh, aiming to demystify accounting for UK micro-businesses.
2014-2018: Adoption surges with freelancers and contractors; features for invoicing, expense automation, and VAT filing added.
2019: MTD (Making Tax Digital) readiness establishes FreeAgent as a compliance leader for UK business tax reforms.
2023-2025: Expands landlord, partnership, and accountant workflows; deep mobile app enhancements and Open Banking integrations.
2026: Solidifies position with AI-powered Smart Capture, deeper practice dashboard functionality, and dedicated solutions for accountants and partner programs.

FreeAgent delivers actionable, real-time insights-no developers required.

Key Features & Capabilities

End-to-end Accounting Automation: Complete double-entry bookkeeping, bank reconciliation, and customizable chart of accounts.
MTD & Tax Compliance: Direct VAT, MTD for Income Tax, and Self Assessment return filings to HMRC. Automated tax calculations and reminders.
Invoicing & Payments: Professional templated invoices, automated reminders, recurring billing, and online payments via top providers.
Payroll: Integrated payroll (Real Time Information compliant, payslips, P60s, automatic pension calculations) at no extra cost.
Bank Feeds & Smart Capture: Secure direct bank feeds, Open Banking, and AI-powered receipt/bill capture with auto-categorization.
Project, Expense & Time Management: Track billable projects, expenses, and time, supporting granular business analysis.
Mobile App: Full-featured iOS/Android app enables on-the-go invoicing, expenses, mileage, and banking.
Accountant Portal: Practice Dashboard for client management, bulk tasks, reports, onboarding, and seamless client collaboration.

Workflow & User Experience

Modern, intuitive dashboard designed for non-accountants.
Quick onboarding, role-specific workflows for businesses, landlords, accountants, and bookkeepers.
Mobile app mirrors core desktop experience and supports all major workflows.
Tax Timeline, smart suggestions, and automations minimize deadlines and admin.
Bulk actions and central visibility in Practice Dashboard for accounting firms.

FreeAgent Pricing

Plan	Key Audience	Main Features	Pricing (excl. VAT)
Limited Company	SMBs, Ltd firms	Full accounting, MTD, payroll	£16.50/mo (first 6 mo), then £33/mo; £165/yr (first year), then £330/yr
Partnership / LLP	Partnerships, LLPs	All core features, partnership-ready	£13.50/mo (first 6 mo), then £27/mo; £135/yr (first year), then £270/yr
Sole Trader	Sole proprietors, freelancers	Accounts, MTD, tax, payroll	£9.50/mo (first 6 mo), then £19/mo; £95/yr (first year), then £190/yr
Landlord	Landlords, property investors	Property-specific accounting, MTD	£5/mo (first 6 mo), then £10/mo; £50/yr (first year), then £100/yr
Practice Dashboard	Accountants & Bookkeepers	Multi-client management, bulk admin, client discounts	Free; license fee per added client; eligible for discounts
Bank Account Offer	NatWest, RBS, Ulster, Mettle users	All core features (excl. add-ons)	£0 while eligible – forever free with linked bank account
Optional Add-ons	All users	Unlimited Smart Capture, Amazon seller integration	£5/mo, £6/mo (billed monthly)

FreeAgent vs Competitors

Feature	FreeAgent	Xero	QuickBooks Online	Sage
Core Accounting + Tax	Yes (MTD, Self Assessment)	Yes (extra Self Assessment cost)	Yes (VAT; Self Assessment via add-ons)	Yes (varying features)
Payroll Included	Yes	No (paid add-on)	No (paid add-on)	No (paid add-on)
Practice Portal	Full included	Yes, add-on	Yes, higher tiers	Yes, paid module
Landlord Tools	Dedicated	Partial	None	Partial
Promo Bank Offer	£0 for eligible banks	No	No	No
Mobile App Depth	Full feature parity	Strong	Good	Limited
Best for	UK SMBs, Accountants	All SMBs, global	All SMBs	Large firms, UK

Pro Tip: Unlock FreeAgent free of charge if you bank with NatWest, Royal Bank of Scotland, Ulster Bank, or Mettle. Visit the FreeAgent promo page for the latest codes and eligibility details.

[promo_headline brand=”FreeAgent”]

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Integrations & Ecosystem

Open Banking Feeds: Direct connections to all major UK banks and cards.
Payments: GoCardless, Stripe, PayPal, and more supported for faster invoice payment.
Practice Tools: Integrations with Dext, Syft, Bright, and others for accountants.
E-commerce: Amazon UK Marketplace (paid add-on for sellers).

Pros & Cons

Pros	Cons
Complete compliance for UK MTD, VAT, and Self Assessment Payroll included in base price Practice Dashboard for batch accounting workflows AI Smart Capture reduces manual entry Mobile parity for on-the-go business Loyalty pricing – free with select banks	UK-focused: not ideal for global accounting needs Starter discounts revert after 6-12 months Add-ons increase cost for heavy receipt or Amazon users Feature set for enterprise may be limited

Final Thoughts

In 2026, FreeAgent remains an outstanding solution for UK-based small businesses, freelancers, landlords, and accounting firms seeking automation, compliance, and a user-first design. Its unique combination of in-app payroll, direct MTD/VAT filing, a powerful accountant portal, and the ability to access all features for free (via specified banking partners) set it apart from generic small business accounting software. If UK compliance, streamlined workflows, and modern SaaS support are priorities, FreeAgent is a highly compelling choice.