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FreeAgent vs Xero

Compare suitability, cost model, commitment, eligibility, capabilities and limitations using the same verified product data.

ComparisonFreeAgentXero
Best forFreelancers, contractors and smaller service businessesGrowing small businesses and accountant-connected workflows
CostFrom £19/month excl. VAT£7–£70/month excl. VAT
Pricing basismonthly accounting planmonthly accounting plan
CommitmentMonthly subscriptionMonthly subscription
EligibilityAvailable to relevant UK business customers subject to the provider’s current eligibility and product terms.Available to relevant UK business customers subject to the provider’s current eligibility and product terms.
Key capabilitiesInvoicing · Expenses · Bank feeds · Tax timeline · Project trackingInvoicing · Bank feeds · VAT workflows · Reporting · App integrations
Reasons to considerClear small-business focus · Useful for straightforward service businessesBroad ecosystem · Widely used by accountants and small businesses
Things to checkLess suited to some complex inventory or multi-entity needs · Check payroll and specialist requirementsAdd-ons can increase total software cost · Feature needs should be checked against the chosen plan
Verified2026-09-022026-09-02

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