Free accounting software with NatWest, Royal Bank of Scotland and Ulster Bank NI

Businesses and accounting professionals use accounting software to process financial transactions, store financial data and automate certain bookkeeping and accounting tasks. FreeAgent exists online, which means that you can access the data from devices connected to the internet. Check out our handy accounting glossary for a more detailed definition!

As a business current account holder, you can access the full version of FreeAgent. It’s completely free as long as you retain your bank account. FreeAgent was acquired by NatWest Group in 2018 but remains operationally independent.

It’s easy to get started! You’ll need to know your business details and VAT registration information if relevant. If you can access your bank account via online banking, you’ll be able to see your transactions in FreeAgent instantly. Check out the ‘account setup’ article in our Knowledge Base for more detail.

FreeAgent is perfect for small businesses with up to 10 employees or more. Here are just some of the different kinds of businesses that already use FreeAgent: traditional trades, professional services, creative and technology, retail and hospitality, and service businesses. We also have multiple integrations to choose from, from e-commerce and payment solutions like Shopify and Stripe to appointment booking and stock management solutions like Appointedd and EdgeCTP.

Self Assessment and VAT returns can be submitted directly to HMRC through FreeAgent, as well as Real Time Information (RTI) payroll.

Yes, FreeAgent is an HMRC-recognised product for submitting MTD-compliant tax returns.

Yes, FreeAgent makes it easy to stay on top of cash flow, profit and loss, and upcoming bills and payments. Our unique Tax Timeline also highlights upcoming tax liabilities, while intelligent reports can give you even greater insight over time, into areas such as expenditures and your business’s best customers.

If you already have an accountant or bookkeeper, it’s free to add them as a user. As FreeAgent automates many basic bookkeeping tasks, it gives your advisor more time to focus their expertise on your business’s performance. As information in FreeAgent is updated in real-time, it also makes errors or potential problems easier to spot and fix right away.

Yes. Migrating to any new system can take time but there are simple steps to make it quicker. For example, moving data at either your year-end or the end of a VAT quarter makes the process much easier. If you have an accountant, they can often help with this. Alternatively, our UK-based support team can walk you through the process.