MTD Software Finder

FreeAgent vs FreshBooks

Both are full cloud accounting tools for Making Tax Digital for Income Tax.

FreeAgent is the cheaper starting point at from £144/yr (VAT included) versus from £216/yr for FreshBooks — but the cheapest plan only wins if it covers the income types you actually have.

FreeAgentFreshBooks
True annual cost fromfrom £144/yrfrom £216/yr
Self-employmentYesYes
Property / rentYesNo
Keeps your spreadsheetNoNo
Accountant accessYesYes
Typefull cloud accountingfull cloud accounting
HMRC statusRecognisedRecognised
Price verified2026-06-242026-06-24

FreeAgent

Freelancer-favourite accounting with time tracking and project costing. Free for life with the right bank — which can make it the cheapest serious option by a mile.

  • NatWest / RBS / Mettle customers (free!)
  • Contractors and freelancers

FreshBooks

Invoicing-first accounting aimed at service freelancers. Great if you bill clients; not built for landlords.

  • Freelancers who live in invoices
  • Service businesses with no property income

Not sure either is right? Use the finder to get a recommendation ranked by what it will actually cost you.

Prices are the cheapest plan that covers a typical sole trader or landlord, VAT included, last verified 24 June 2026 (catalogue reconciled 24 June 2026). Links are affiliate links and never affect ranking. Not affiliated with HMRC; not tax advice.