Accounting · head to head
FreeAgent vs Veem

FreeAgent
Accounting
Accounting software for small businesses and freelancers
- From
- Free
- Rated
- -
The short version
- Only FreeAgent has a free tier, so it costs nothing to try first.
- Each has a real cost: FreeAgent introductory pricing shown is 50% off the regular rates; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
- Prices and features above were last checked on 30 August 2026.
Where they differ
Only the attributes on which FreeAgent and Veem actually diverge.
Identical on both: user rating (Not yet rated), category (Accounting).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in FreeAgent
Nothing recorded that Veem does not also cover.
Only in Veem
- International payments
- Multi-currency
- Invoice creation
- Payment tracking
- Accounting sync
- QuickBooks
- Xero
- NetSuite
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 Veem
- Splitting rental income and expenses across multiple properties automaticallynot Veem
- Collecting invoice payments faster through one-click payments and remindersnot Veem
- Capturing bills and receipts via AI to auto-categorize expensesnot Veem
- Filing Real Time Information payroll directly to HMRC for employeesnot Veem
Veem
- International vendor paymentsnot FreeAgent
- Cross-border transactionsnot 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)
Veem
- Per-transaction fees can be higher than dedicated wire transfer services for large volumes
- No free tier - even basic sending incurs transaction fees
- Premium plan pricing at $14.99/month may not offset savings on transaction fees
- Limited banking partnerships compared to larger financial platforms
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)
Veem
$14.99/monthNo published plan breakdown. See the Veem review.
Which should you pick?
Choose Veem if
- You need international payments.
- You work on Web, iOS, Android.
- You also want multi-currency.
Questions people ask
- Is FreeAgent or Veem better?
- Neither clearly leads. FreeAgent starts at Free and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, FreeAgent or Veem?
- FreeAgent has a free tier; the other does not. Paid plans start at Free for FreeAgent and $14.99/month for Veem.
- Does FreeAgent or Veem run on more platforms?
- FreeAgent runs on Web. Veem runs on Web, iOS, Android.
- Can I use FreeAgent for free?
- Yes. FreeAgent has a free tier, so you can try it without paying. Veem starts at $14.99/month.
- 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 Veem is typically brought in for.
- What can FreeAgent do that Veem cannot?
- Veem covers International payments, Multi-currency, Invoice creation, Payment tracking.
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.
SourceVeem: What payment methods does Veem support?
Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.
SourceFreeAgent: 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.
SourceVeem: Is there a free tier?
No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.
SourceFreeAgent: 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.
SourceVeem: What integrations does Veem have?
Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.
SourceFreeAgent: 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.
SourceVeem: How does Veem handle exchange rates?
Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.
SourceRelated pages
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