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Accounting · head to head

FreeAgent vs TurboTax

FreeAgent logo

FreeAgent

Accounting

Accounting software for small businesses and freelancers

From
Free
Rated
-
TurboTax logo

TurboTax

Accounting

File yourself with clear, step-by-step tools, or hand it to an expert

From
Free
Rated
-

The short version

  • Each has a real cost: FreeAgent introductory pricing shown is 50% off the regular rates; TurboTax pricing varies significantly based on tax complexity and filing date
  • Prices and features above were last checked on 29 August 2026.

Where they differ

Only the attributes on which FreeAgent and TurboTax actually diverge.

Attributes where FreeAgent and TurboTax differ
AttributeFreeAgentTurboTax
Pricing modelsubscriptionfreemium

Identical on both: starting price (Free), free tier (Yes), platforms (Web), user rating (Not yet rated), category (Accounting).

What people use each for

The jobs each tool is most often brought in to do.

FreeAgent

  • Submitting VAT and Self Assessment tax returns to HMRC directlynot TurboTax
  • Splitting rental income and expenses across multiple properties automaticallynot TurboTax
  • Collecting invoice payments faster through one-click payments and remindersnot TurboTax
  • Capturing bills and receipts via AI to auto-categorize expensesnot TurboTax
  • Filing Real Time Information payroll directly to HMRC for employeesnot TurboTax

TurboTax

  • Individual tax filing for US residentsnot FreeAgent
  • Complex tax scenarios requiring multiple schedules and formsnot FreeAgent
  • Expert assistance or full tax preparation servicesnot FreeAgent

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FreeAgent

  • Introductory pricing shown is 50% off the regular rates
  • All prices exclude 20% VAT
  • Add-ons required for some features (Smart Capture Unlimited £5/month, Amazon integration £6/month)

TurboTax

  • Pricing varies significantly based on tax complexity and filing date
  • Final price determined at filing time, subject to change without notice
  • Additional state return fees apply beyond federal pricing

Pricing, plan by plan

FreeAgent

Free
  • Sole Traders$9.5/month
    • Introductory rate (regular price £19/month)
    • Annual option at £95/year (regular £190)
  • Landlords$5/month
    • Introductory rate (regular price £10/month)
    • Annual option at £50/year (regular £100)
  • UK Partnerships/LLPs$13.5/month
    • Introductory rate (regular price £27/month)
    • Annual option at £135/year (regular £270)
  • UK Limited Companies$16.5/month
    • Introductory rate (regular price £33/month)
    • Annual option at £330/year (regular £330)

TurboTax

Free
  • Free EditionFree
    • Simple Form 1040 returns only (~37% of taxpayers eligible)
  • Deluxe$59/one-time
    • Anticipated price, for more complex tax situations
  • Premium$79/one-time
    • Anticipated price, for complex tax scenarios with additional schedules
  • Expert Full Service$null/one-time
    • Custom pricing based on tax situation, forms required, and filing date

Which should you pick?

Choose FreeAgent if

  • You want to start without paying.

Choose TurboTax if

  • You want to start without paying.

Questions people ask

Is FreeAgent or TurboTax better?
Neither clearly leads. FreeAgent starts at Free and TurboTax at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FreeAgent or TurboTax?
FreeAgent starts at Free and TurboTax at Free.
Does FreeAgent or TurboTax run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use FreeAgent for free?
Both have a free tier, so you can try either at no cost before committing.
What is FreeAgent best used for?
FreeAgent is most often used for submitting vat and self assessment tax returns to hmrc directly, splitting rental income and expenses across multiple properties automatically, collecting invoice payments faster through one-click payments and reminders, capturing bills and receipts via ai to auto-categorize expenses. Of those, submitting vat and self assessment tax returns to hmrc directly and splitting rental income and expenses across multiple properties automatically are not what TurboTax is typically brought in for.

Answered from the vendors’ own pages

FreeAgent: Does FreeAgent offer a free option?

FreeAgent is free for qualifying customers maintaining business accounts with NatWest, Royal Bank of Scotland, Ulster Bank, or certain Mettle accounts.

Source
TurboTax: How much does TurboTax cost?

TurboTax offers a free option for simple returns (~37% of filers), Deluxe at $59, Premium at $79, and Expert Full Service with custom pricing determined at filing time. Actual prices are subject to change and vary based on tax situation complexity.

Source
FreeAgent: What is FreeAgent's pricing for sole traders?

Sole traders pay £9.50/month (50% introductory rate; regular £19/month), or £95/year annually (regular £190/year), excluding 20% VAT.

Source
TurboTax: Is there a free version of TurboTax?

Yes, TurboTax Free Edition is available at no cost for simple Form 1040 returns. Eligibility is limited to approximately 37% of taxpayers with straightforward tax situations.

Source
FreeAgent: What add-ons does FreeAgent offer?

Optional add-ons include Smart Capture Unlimited at £5/month and Amazon integration at £6/month, allowing customers to extend base plan functionality.

Source
TurboTax: What extra fees apply when using TurboTax?

State return preparation requires additional fees beyond federal pricing. Price adjustments also apply based on the version selected and the date you file or e-file, as stated in TurboTax terms.

Source
FreeAgent: Does FreeAgent offer a trial?

FreeAgent provides a 30-day free trial with no commitment, and customers can cancel at any time during or after the trial period.

Source
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