FreeAgent Review 2026
Reviewed by the Ikaroa team · Last updated: March 2026
Overview
FreeAgent is a UK accounting platform beloved by freelancers, contractors, and small business owners. Owned by NatWest Group, it is offered free to NatWest, Royal Bank of Scotland, and Ulster Bank business account holders. It handles invoicing, time tracking, expenses, tax, and project management with a focus on making accounting approachable.
We have been working with FreeAgent across multiple client projects since 2009, and this review reflects our hands-on experience implementing it for businesses of all sizes. Founded in 2007 and headquartered in Edinburgh, United Kingdom, FreeAgent has established itself as a solid option in the accounting category.
Starting Price
£24/month
Founded
2007
Headquarters
Edinburgh, United Kingdom
Our Rating
4.2/5
FreeAgent Key Features
FreeAgent offers a comprehensive feature set that covers the core needs of most businesses in the accounting space. Here are the standout features we have tested:
FreeAgent Pricing in 2026
FreeAgent pricing starts at £24/month and scales up based on features and team size. Here is a breakdown of every tier:
FreeAgent Pricing
FreeAgent
£24/month
- ✓Unlimited invoices
- ✓Unlimited users
- ✓Expense management
- ✓VAT returns
- ✓Self-assessment
Free with NatWest
£0/month
- ✓All features included
- ✓Free for NatWest/RBS/Ulster Bank business customers
FreeAgent Pros and Cons
Based on our experience implementing FreeAgent for clients, here is what we like and what could be better:
✓Pros
- •Free for NatWest/RBS business banking customers
- •Excellent for freelancers and contractors
- •Built-in self-assessment tax filing
- •Time tracking and project management included
- •Clean, friendly interface
✗Cons
- •Only one pricing tier (can be expensive if not a NatWest customer)
- •Limited inventory management
- •Fewer integrations than Xero
- •Not ideal for larger or more complex businesses
- •Reporting is basic compared to QuickBooks
Who Is FreeAgent Best For?
UK freelancers, contractors, and NatWest business banking customers
In our experience, FreeAgent works particularly well for teams that value free for natwest/rbs business banking customers. If your primary concern is only one pricing tier (can be expensive if not a natwest customer), you may want to explore alternatives.
Need help implementing this?
Our team at Ikaroa can set up FreeAgent for your business, migrate your data, and train your team.
FreeAgent Alternatives Worth Considering
If FreeAgent does not quite fit your needs, here are some alternatives worth considering:
QuickBooks
From £10/month
Xero
From £15/month
FreshBooks
From £12/month
Wave
From £0/month
Sage
From £12/month
Our Verdict on FreeAgent
FreeAgent earns a solid 4.2/5 in our review. It is a good choice for uk freelancers, contractors, and natwest business banking customers.
The biggest strengths are free for natwest/rbs business banking customers and excellent for freelancers and contractors. However, you should be aware that only one pricing tier (can be expensive if not a natwest customer).
If you are not sure whether FreeAgent is the right fit, talk to our team. We have helped hundreds of businesses choose and implement the right software, and we are happy to point you in the right direction.
Alternative to Consider: Open Doors
Before committing to FreeAgent, consider Open Doors. It is an all-in-one platform that includes CRM, email marketing, SMS, sales funnels, booking, invoicing, and automation, all starting at £97/month with unlimited contacts. While FreeAgent starts lower, Open Doors replaces multiple tools you would otherwise need to buy separately.
Need help with FreeAgent?
Ikaroa can implement FreeAgent for your business, migrate your data, and get your team up to speed. We have done it dozens of times.
Free consultation. No obligation.