FreeAgent vs Invofolio
FreeAgent
freeagent.com
Invofolio
invofolio.comSide by side
| Figure | FreeAgent | Invofolio |
|---|---|---|
| Price from | £4.17/mo | $5/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 23 | 2 |
| Spec score · Freelance Invoicing Software | 9.2 (#5) | 7.8 (#22) |
| Product | FreeAgent is accounting software designed to automate business admin such as invoicing and expenses, streamline tax reporting and provide business insights and reports. | Invofolio is a web workspace for creating invoices and quotations, organizing clients and projects, recording payments, and viewing receivables. |
| Support | The pricing page says users can contact UK-based support accountants online or by phone. | The contact page invites questions about billing workflows, account issues, and product feedback, and says messages are read while the product is being built with early users. |
Plans
FreeAgent
- Sole trader£10 a month
- Partnership or LLP£19 a month
- Limited company£33 a month
- FreeFree
- Bank-account-funded accountFree
- Eligible bank-account planFree
- Landlord — billed monthly£5 a month
- Smart Capture Unlimited add-on£5 a month
- Sole trader — billed monthly£9.50 a month
- Landlord monthly£10 a month
In their own words
FreeAgent
FreeAgent is accounting software for business administration, invoicing, expenses, tax reporting and business reports. It builds real-time accounts from bank statements, invoices and expenses, with Profit and Loss, Balance Sheet and Trial Balance reports. Users can create recurring invoices, automate late-payment reminders, turn estimates into invoices and accept payments through Stripe and PayPal. FreeAgent can generate MTD-compatible VAT returns and file them directly to HMRC; payroll calculates PAYE and National Insurance and can submit Real Time Information payroll to HMRC. Its iOS and Android apps cover expense recording, time tracking, invoice management and bank transaction reconciliation. It supports bank feeds from most UK banks via Open Banking and connections to HMRC for MTD VAT. The software is designed for small businesses, accountants and bookkeepers. A free plan is listed, alongside paid plans such as Sole trader at £10 a month and Limited company at £33 a month. Smart Capture includes up to 10 receipts and bills per month as standard; a paid Unlimited add-on removes that cap.