Free Agent for MTD
Free Agent is ready for Making Tax Digital
FreeAgent is HMRC approved online accounting software.
With FreeAgent, you can record all your business transactions, submit MTD Updates and submit your Self Assessment Tax Returns to HMRC.
We only support FreeAgent, it’s our software of choice for MTD.
FreeAgent links to your business bank account, so that all your bank transactions feed into FreeAgent automatically.
You then ‘explain’ (categorise) what each transaction is, for example, rent, stationery, professional subscriptions, etc.
FreeAgent will then remember and ‘explain’ the transactions automatically.
We will only support FreeAgent because of
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- Friendliness of screens
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- Very fast new screen / switch screen time – no twirling graphics
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- Simplicity of reports
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- Excellent support staff based in Edinburgh
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- Free if used with a Mettle bank account (which is also free)
FreeAgent with a Mettle Bank Account
FreeAgent is free of charge when linked to a Mettle Bank Account.
Both FreeAgent and Mettle are owned by the NatWest Banking Group.
FreeAgent Links
FreeAgent Support
You will need two types of support.
“How to” support:
The FreeAgent Support Team will help you through the learning process, and how to use FreeAgent. They are very good, well trained and no extra cost.
Accounts and tax support:
We will guide you through aspects like:
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- Explaining (categorising) expenses
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- Understanding the reports, especially the Profit & Loss Account
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- Understanding the tax calculations
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- Clarifying which expenses are allowable as a tax deduction
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- Categorising different types of income.
We will also help with “how to” when that is more appropriate.
