Simple MTD vs FreeAgent
FreeAgent is popular with freelancers and is sometimes free through certain business bank accounts. Here's how it compares if MTD quarterly updates are your main requirement.
| Feature | Simple MTD | FreeAgent |
|---|---|---|
| Price | £79/year (landlords), £99/year (sole traders) | ~£29/month (~£348/year), free with some business bank accounts |
| Built for | MTD quarterly updates for landlords & sole traders | Freelancer & small business bookkeeping, invoicing |
| Invoicing, time tracking, projects | Not included, not needed for MTD updates | Included |
| MTD quarterly updates | Core feature, built around it | Supported, as one feature among many |
| Free via a business bank account | Not applicable | Yes, with some banks, worth checking if you already bank with one |
Check if you already get FreeAgent free
Some UK business bank accounts include FreeAgent at no extra cost. If you already bank with one of those, it's worth checking before paying for anything else. That alone might change the right answer for you.
Where Simple MTD makes sense
If you don't already have free access to FreeAgent, and you don't need invoicing or time tracking, Simple MTD focuses purely on the record-keeping and submission side of MTD, without the wider freelancer toolkit.
Pricing shown is approximate at time of writing and changes, check FreeAgent's own pricing page for current figures, including current bank partnerships.