Key takeaways
- FreeAgent costs £10 a month for unincorporated landlords, £19 for sole traders, £27 for partnerships and LLPs and £33 for limited companies, excluding VAT.
- FreeAgent is free while you keep a NatWest, Royal Bank of Scotland or Ulster Bank business current account.
- Sole traders, landlords and limited companies can also get FreeAgent free with a Mettle account, if they make at least one transaction a month through it.
- New direct customers get 50% off for the first six months on monthly billing, or for the first year on annual billing, after a 30-day free trial.
- Annual billing costs £190 a year for a sole trader and £330 for a limited company, against £228 and £396 when paid monthly.
- The main FreeAgent add-on is Smart Capture Unlimited at £5 a month; without it, Smart Capture handles 10 receipts and bills a month.
- Each FreeAgent plan includes every feature for its business type, such as payroll, VAT and Self Assessment, rather than splitting features into tiers.
FreeAgent costs £10 to £33 a month plus VAT, depending on your business type, and it is free if you bank with NatWest, Royal Bank of Scotland or Ulster Bank. Sole traders, landlords and limited companies can also get it free through Mettle. All prices on this page come from FreeAgent’s own UK pricing page, checked on 6 November 2026.
How much does FreeAgent cost per month?
FreeAgent charges one price per business type, not per feature tier. The table lists the regular monthly prices, lowest first.
| Business type | Price a month (ex VAT) | Inc 20% VAT |
|---|---|---|
| Unincorporated landlord | £10 | £12.00 |
| Sole trader | £19 | £22.80 |
| Partnership or LLP | £27 | £32.40 |
| Limited company | £33 | £39.60 |
FreeAgent shows prices excluding VAT; the VAT figures are our calculation at 20%. Each paid plan starts with a 30-day free trial and FreeAgent says you can cancel at any time.
When is FreeAgent free?
FreeAgent is free while you hold a business current account with a NatWest Group bank, which funds the licence as an account perk. The bank offer page sets out these routes:
- NatWest, Royal Bank of Scotland or Ulster Bank: free for as long as you keep the business current account.
- Mettle by NatWest: free for limited companies, sole traders and landlords, as long as you make at least one transaction a month through Mettle. FreeAgent’s pricing page does not list Mettle for partnerships or LLPs.
- One licence per account: each qualifying business account funds one FreeAgent licence, with the same features as a paying customer.
NatWest’s FreeAgent page says existing paying customers can switch to the free version by adding their NatWest details in the Banking tab. Optional add-ons are still charged. Neither page says exactly what happens if you close the account, so expect to pay the regular price from then on. Our Mettle review covers that account.
Which FreeAgent option applies to you?
The cheapest route depends on where you bank and how you pay. Use this decision list.
- If you already have a NatWest, RBS or Ulster Bank business current account, claim the free licence before paying anything.
- If you are a sole trader, landlord or company and want a free business account, a Mettle account with at least one transaction a month gives free FreeAgent.
- If you are a partnership or LLP, you need a NatWest, RBS or Ulster Bank account for the free route, or you pay £27 a month.
- If you bank elsewhere and will stay a year, annual billing is cheaper than monthly.
- If you scan more than 10 receipts or bills a month, budget £5 a month for Smart Capture Unlimited.
Is annual or monthly billing cheaper?
Annual billing works out cheaper at the regular price, and the introductory discount lasts a full year instead of six months. These are FreeAgent’s figures, excluding VAT.
| Business type | Annual price | 12 months paid monthly |
|---|---|---|
| Landlord | £100 | £120 |
| Sole trader | £190 | £228 |
| Partnership or LLP | £270 | £324 |
| Limited company | £330 | £396 |
How much does FreeAgent cost in the first year?
New direct customers get 50% off: for six months on monthly billing, or for the whole first year on annual billing. Our sums below assume six discounted months then six at full price for monthly billing.
| Business type | First year, monthly | First year, annual |
|---|---|---|
| Landlord | £90 | £50 |
| Sole trader | £171 | £95 |
| Partnership or LLP | £243 | £135 |
| Limited company | £297 | £165 |
All figures exclude VAT and add-ons. Budget for the full price from month seven, or from year two on annual billing.
What does each FreeAgent plan include?
Each plan includes every feature FreeAgent offers for that business type. The pricing page lists these differences:
- Limited company: payroll, VAT, Self Assessment, end-of-year filing (accounts and Corporation Tax) and the Tax Timeline.
- Sole trader: payroll, MTD for Income Tax, VAT, Self Assessment and the Tax Timeline. No end-of-year company filing.
- Partnership or LLP: payroll, VAT and the Tax Timeline. FreeAgent does not list Self Assessment or end-of-year filing for this plan.
- Landlord: property finances, MTD for Income Tax, VAT, Self Assessment and the Tax Timeline. No payroll.
Sole traders and partnerships that set up on the cash basis lose the stock and payroll features; you need the traditional (accruals) basis for those.
What do FreeAgent add-ons cost?
FreeAgent has two paid add-ons, both billed on your main billing cycle and both excluding VAT.
| Add-on | Price | Available on |
|---|---|---|
| Smart Capture Unlimited | £5 a month | All plans |
| Amazon UK Marketplace link | £6 a month | All except landlord |
Without Smart Capture Unlimited you can capture 10 receipts and bills a month. If you cancel an add-on, it runs to the end of the billing cycle.
Is FreeAgent ready for Making Tax Digital?
Yes. NatWest describes FreeAgent as HMRC-recognised software for MTD for Income Tax and MTD for VAT, including quarterly updates and the final declaration. HMRC’s eligibility guidance, updated 26 March 2026, sets these start dates for sole traders and landlords:
- qualifying income over £50,000 in 2024 to 2025: from 6 April 2026
- qualifying income over £30,000 in 2025 to 2026: from 6 April 2027
- qualifying income over £20,000 in 2026 to 2027: from 6 April 2028
HMRC does not recommend any product, so confirm any package on HMRC’s software finder. Check your own start date with our MTD checker and read about the £30,000 threshold.
What to do now
- Check your bank. If you hold a NatWest Group business account, you may be paying for something you could get free.
- Choose annual billing if you will stay a year. It saves £38 a year for a sole trader at the regular price.
- Compare before you commit. See FreeAgent vs Xero, FreeAgent vs QuickBooks and our accounting software prices table.
- Ask your accountant. Accountants using FreeAgent’s free Practice Dashboard can add client licences at discounted rates.
Frequently asked questions
How much is FreeAgent a month in the UK?
FreeAgent costs £10 for landlords, £19 for sole traders, £27 for partnerships and LLPs, and £33 for limited companies a month, excluding VAT, checked on 6 November 2026.
Is FreeAgent really free with NatWest?
Yes. FreeAgent is free while you keep a NatWest, Royal Bank of Scotland or Ulster Bank business current account, with the same features as paid plans. Optional add-ons are still charged.
Can I get FreeAgent free with Mettle?
Yes, if you are a sole trader, landlord or limited company and make at least one transaction a month through your Mettle account.
Do FreeAgent prices include VAT?
No. FreeAgent shows its UK prices excluding VAT, so a sole trader pays £22.80 a month including 20% VAT.
Is there a FreeAgent free trial?
Yes. Every paid plan starts with a 30-day free trial, then 50% off the first six months on monthly billing or the first year on annual billing.
Sources
Rates, thresholds and rules in this guide were checked against HMRC and GOV.UK guidance on 6 November 2026. Tax rules change, so check the current position on GOV.UK or with a qualified adviser before acting. This guide is general information, not personal advice.