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Head-to-head comparison

TaxRoot vs FreeAgent

FreeAgent is popular MTD-compatible software for UK freelancers and landlords (free with NatWest/RBS/Mettle accounts, otherwise £9.50-£33/month). It lets you file quarterly updates yourself. TaxRoot does the same filings for you at £34/month with a UK accountant, the Penalty-Free Filing Guarantee, and coverage of the End of Period Statement and Final Declaration.

6
TaxRoot wins
1
Ties
3
FreeAgent wins

Feature by feature

The full breakdown.

Criterion
TaxRoot
FreeAgent
Monthly cost
£34/month all-in
£0 (NatWest/Mettle) or £9.50-£33/month
Who submits quarterly updates
UK accountant
You
EOPS + Final Declaration
Included
DIY (or extra £200+ accountant fee)
Bookkeeping UI
MTD-compatible records via software
Yes — FreeAgent UI
Bank feed
Via compatible software
Native for NatWest/RBS/Mettle
Penalty-Free Filing Guarantee
Yes
No
HMRC correspondence handling
Included
DIY
UK accountant review
Every submission
Not included
Time investment per year
~2 hours (provide records)
20-40 hours (file yourself)
Category
Accountant + MTD service
Software only

Real scenario

Landlord with 2 rental properties + £40k self-employed income

From April 2027 (£30k threshold), landlords and self-employed in your combined-income position are mandatory MTD filers. You need 4 quarterly updates per income stream, 2 EOPS, and one Final Declaration each year. FreeAgent can handle the quarterly submissions but EOPS/Final Declaration get complicated fast with mixed income.

TaxRoot
£34/month × 12 = £408/year — both income streams handled, all filings included
FreeAgent
FreeAgent free + self-filing time (est. 25-40 hrs/yr) OR FreeAgent + accountant top-up (£400-800/yr)
Estimated saving
25-40 hours of your time back each year, OR £400+ saved if you were going to hire a separate accountant

Why founders pick TaxRoot

4 reasons TaxRoot is the better choice for most UK founders.

Free-with-NatWest ≠ free compliance

Even if FreeAgent itself is free, you still have to do the quarterly submissions, EOPS, and Final Declaration yourself — and those take 3-6 hours each quarter for a non-accountant. TaxRoot charges £34/month and does them for you.

DIY software raises audit risk

HMRC is tightening MTD compliance. A self-prepared submission with mis-coded transactions is a red flag. TaxRoot submissions are reviewed by a UK accountant — they're built to stand up to HMRC enquiry.

Penalty-Free Filing Guarantee

Miss a FreeAgent-filed quarterly and you pay £100 first penalty then £10/day. TaxRoot covers any penalty caused by our error.

EOPS + Final Declaration are the hard bits

Quarterly updates are relatively simple. The year-end EOPS and Final Declaration — with adjustments, capital allowances, disallowables — is where DIY breaks. TaxRoot handles both as part of the £34/month plan.

Where FreeAgent genuinely wins

An honest acknowledgement.

No product is perfect. Here’s what FreeAgent does well — if this matches your needs, they may be the right fit.

Free to NatWest, RBS, Ulster Bank, and Mettle business account holders
Clean UK-focused UI designed for sole traders and small Ltds
MTD-compatible and HMRC-recognised
Integrated time tracking, invoicing, mileage tracking

Which one is right for you?

A quick decision helper.

Choose TaxRoot if…

  • You'd rather pay £34/month and spend zero hours on MTD filings
  • You want a Penalty-Free Filing Guarantee standing behind every submission
  • Your tax picture has any complexity (property + self-employed, capital allowances, multiple income streams)
  • You'd prefer a real UK accountant reviewing before HMRC sees it

Choose FreeAgent if…

  • You are a NatWest/RBS/Mettle customer who wants free MTD software and is confident filing yourself
  • You enjoy bookkeeping and want full control of categorisation
  • Your situation is genuinely simple and you have time to handle EOPS / Final Declaration

Ready to switch from FreeAgent?

We manage the full handover for free. Authorise us as your HMRC agent in under 2 minutes — we take it from there.