Comparison
Invoicey vs FreeAgent
Invoicey vs FreeAgent for UK freelancers and contractors. Compare pricing, MTD support, invoicing workflow, and EU-wide use.
FreeAgent is often available free for UK freelancers who bank with NatWest, Mettle, or Royal Bank of Scotland, which makes it genuinely compelling within that specific banking context. Outside those bank relationships, FreeAgent costs approximately £19/month. Its strengths are deep UK-specific: Making Tax Digital VAT submission, Self Assessment tax return preparation, and UK payroll. However, for UK freelancers who invoice EU clients, FreeAgent's EU VAT compliance is limited — it does not apply cross-border reverse-charge VAT automatically, and its invoice templates are English-only, which is a barrier when working with French, German, or Dutch clients who expect documents in their language.
Invoicey
Free AI invoice generator built for EU/UK freelancers. EU VAT compliance, multi-currency, SIREN/SIRET validation, estimate-to-invoice, and 5 languages.
FreeAgent
FreeAgent is a UK-focused accounting platform popular with sole traders and limited companies, included free with some UK business bank accounts.
6
Invoicey wins
2
Tied
2
FreeAgent wins
Verdict
Choose Invoicey if you are a UK freelancer invoicing EU clients, or you want a simple free invoicer without bank tie-ins. Choose FreeAgent if you are a UK Ltd company or sole trader needing full Self Assessment and MTD automation.
Pricing comparison
FreeAgent costs approximately £19/month (often discounted to £9.50/month for the first 6 months as a new subscriber). Crucially, it is available free of charge to customers with a NatWest, Royal Bank of Scotland, or Mettle business current account — making it zero-cost for a large portion of UK small business owners who already bank with these institutions. However, if you switch banks or do not bank with NatWest Group, you lose free access and must pay the full subscription. Invoicey's free tier costs nothing regardless of your bank, requires no account, and covers 3 invoices per month. Pro at €3.99/month (annual) provides unlimited invoices with EU VAT compliance — accessible to any freelancer globally without a banking prerequisite.
Invoicey pricing
- Free — 3 invoices/month, no signup
- Pro — €3.99/mo (annual) or €7.99/mo (monthly)
- Pro+ — €6.49/mo (annual) or €12.99/mo (monthly)
FreeAgent pricing
See FreeAgent's website for current pricing. Plans and promotional rates change frequently — the comparison above reflects publicly available information at time of writing.
Who should choose which?
Choose Invoicey if…
- You are a UK freelancer invoicing clients in EU countries and need correct EU VAT rates, reverse-charge wording for cross-border B2B services, and invoices produced in the client's EU language
- You do not bank with NatWest, RBS, or Mettle and therefore do not qualify for FreeAgent's free tier — Invoicey's free tier has no banking prerequisite
- You want AI-powered auto-fill from previous invoices, receipt scanning for expense tracking, and AI-generated revenue insights without FreeAgent's pricing
- You are a non-UK freelancer — FreeAgent is specifically designed for UK tax law and is not well suited for freelancers based in other EU countries
- You want to start invoicing immediately without a lengthy account setup, UK business registration questions, and VAT status configuration
Choose FreeAgent if…
- You are a UK sole trader or limited company that needs automated Self Assessment tax return preparation and year-end tax filing support built into your accounting software
- You are a UK VAT-registered business that needs direct Making Tax Digital (MTD) VAT return submission to HMRC certified by Xero or FreeAgent
- You already bank with NatWest, Mettle, or RBS and can access FreeAgent completely free as part of your business banking relationship
- You need UK payroll for employees, including PAYE, National Insurance, and pension auto-enrolment managed within the same platform as your invoices
- You want a comprehensive view of your UK tax position — income tax liability, National Insurance, corporation tax — updated in real time as you record income and expenses
Frequently asked questions
Is FreeAgent free?
FreeAgent is free for customers with a NatWest, Royal Bank of Scotland, or Mettle business current account. Without one of these bank accounts, FreeAgent costs approximately £19/month. The free access is conditional on maintaining the bank account — if you switch banks, you lose free access. Invoicey's free tier (3 invoices/month) is unconditionally free with no banking requirement.
FreeAgent vs Invoicey for UK freelancers
The best choice depends on your specific needs. If you bank with NatWest/RBS/Mettle and need UK Self Assessment or MTD VAT filing, FreeAgent's free tier is hard to beat. If you invoice EU clients, need multi-language invoices, or do not qualify for the free bank-linked tier, Invoicey provides better EU compliance, AI features, and a truly free tier without banking prerequisites.
Does FreeAgent work for EU VAT invoicing?
FreeAgent is optimised for UK tax law and has limited EU VAT functionality. It does not automatically apply EU member state VAT rates, does not generate reverse-charge wording for cross-border B2B services under EU Directive 2006/112/EC, and does not produce invoice PDFs in languages other than English. For UK freelancers with EU clients, Invoicey handles these requirements natively.
What happens to my FreeAgent access if I change banks?
If you switch away from NatWest, RBS, or Mettle, you lose your free FreeAgent access and must subscribe at the standard rate (approximately £19/month). This is a meaningful risk for freelancers who might switch banks in the future. Invoicey's free tier has no such dependency — it remains free regardless of who you bank with.
Try Invoicey free
Create your first invoice in 60 seconds — no signup needed.
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