Blankitt Finance vs FreeAgent
FreeAgent is a genuinely well-liked product with an unbeatable price — if you bank in the right place and stay small. Blankitt is for the businesses that won't. Here is the fair version of the choice, including the paragraph where we tell some readers to pick FreeAgent.
Every FreeAgent claim verified against freeagent.com's live pages on 5 July 2026. If something here is out of date, tell us and we'll fix it.
At a glance
Including the rows where FreeAgent wins — there are real ones.
| What matters | Blankitt Finance | FreeAgent |
|---|---|---|
| Headline price (Ltd company) | £14/mo — every feature, unlimited users | £33/mo (50% off first six months) — or free with a NatWest/RBS/Ulster/Mettle business account (July 2026) |
| The free deal's condition | No bank required — works with any account via Open Banking | Free only while you keep the qualifying bank account (Mettle: at least one transaction/month); switch banks and full price applies |
| Multiple businesses / entities | Entity tiers: Growth £29 covers up to 5 entities; group consolidation built in | One business per account — a second trade means a second subscription; their support docs suggest dummy bank accounts for inter-company flows |
| Company-size ceiling | Sole trader to multi-entity group on one platform | Statutory filing stops at FRS 105 micro-entities (limited by shares); beyond that, accounts are produced elsewhere |
| Payroll | Via Blankitt HR — a sibling product, priced openly from £15/mo + £4/employee | Included at no extra cost, unlimited employees, RTI to HMRC — a genuine strength |
| Self Assessment | MTD ITSA quarterly updates + Self Assessment workflows built in | Direct Self Assessment filing to HMRC — a claim few competitors can make |
| Projects, cap table, capital allowances | Projects + timesheets, cap table + PSC register, HMRC Capital Allowances helper — all included | Not offered (no cap table or capital-allowances computation; project tooling minimal) |
| Accountant / practice pricing | Published: Group £59/mo for up to 50 client books, practice dashboard, bulk MTD filing | Free practice dashboard; per-client licence prices not published (volume bands via sales) |
| Integrations | Public API + signed webhooks on every tier; Slack/Teams/M365 across the platform | Reported as a weak spot in public reviews — limited beyond Zapier (labelled as reported) |
| Trying it | Live demo with real data (no signup) + 14-day trial | 30-day free trial, no card required — genuinely good funnel behaviour |
Where FreeAgent is a great choice
- You bank with NatWest, RBS, Ulster or Mettle, plan to stay, and run one micro business — free full-product accounting is very hard to argue with.
- You want payroll included at no extra cost, with unlimited employees and RTI filing.
- You file your own Self Assessment and want the software to submit it directly to HMRC.
- You're a contractor or freelancer — it's a repeat award-winner in that niche with a strong Trustpilot record.
- You value a 30-day trial with no card details — honest funnel behaviour we respect.
Where Blankitt fits
When you outgrow one business
FreeAgent's structural unit is a single business — a second trade or a holding company means a second subscription and manual cross-entity workarounds (their own docs suggest dummy bank accounts). Blankitt's unit is you: entities are a tier, consolidation is a feature, and history carries across.
When your bank shouldn't choose your books
Free-via-NatWest is real value, but it welds your accounting to your banking: switch to Starling, Monzo or Tide and the standalone price applies immediately. £14/mo that works with any bank keeps the two decisions separate — and is still less than half FreeAgent's standalone £33.
When 'micro-entity' stops being true
FreeAgent files FRS 105 micro-entity accounts and stops there. Growing companies hit that ceiling exactly when accounting gets serious — Blankitt's reporting, fixed assets, capital allowances and cap table are built for the climb, not just the base camp.
Practice pricing you can read
Our accountant tier is on the pricing page: £59/mo, up to 50 client books, bulk MTD filing, per-client portals. FreeAgent's per-client licence pricing lives behind a sales conversation — we think practices deserve the same transparency as their clients.
Fair questions
Is FreeAgent really free with NatWest?
Yes — genuinely. Business current account holders with NatWest, RBS or Ulster Bank get the full product free for as long as they keep the account, and Mettle users qualify by making at least one transaction a month. The honest caveats: switch banks and the standalone price (£33/mo for a Ltd) applies, and the free deal doesn't change the product's structural limits — one business per account and micro-entity-only statutory filing.
If I bank with NatWest, should I just use FreeAgent?
If you're a single micro business, happy with your bank, and FreeAgent's feature set covers you — quite possibly yes, and we'd rather say so than pretend otherwise. Blankitt earns the switch when any of these are true: you run (or will run) more than one entity, you're outgrowing micro-entity accounts, you want projects/cap-table/capital-allowances depth, or you don't want your software tied to staying with one bank.
Can FreeAgent handle multiple businesses?
Not in one account — each business needs its own FreeAgent subscription, and their support guidance for inter-company transactions involves creating dummy bank accounts in each. Blankitt models this directly: the Growth tier (£29/mo) covers up to five entities with cross-entity visibility, and group consolidation is part of the product.
What does FreeAgent do better than Blankitt?
Three things, honestly: payroll is included at no extra cost with unlimited employees (ours is a sibling product, Blankitt HR, priced separately); it files Self Assessment directly to HMRC — a rare capability; and the free-via-bank deal is unbeatable on price if you qualify and stay. It also carries a strong Trustpilot rating and a 30-day no-card trial.
Can I migrate from FreeAgent to Blankitt?
Yes — CSV/xlsx import with automatic column mapping, a trial-balance health check before anything commits, atomic all-or-nothing import, and a 14-day rollback window. Unlimited users means your accountant can supervise the whole move at no extra cost.
Built for the business you're becoming.
Open the demo, poke the multi-entity views, run the numbers — then pick whichever tool fits the next five years, not just this quarter.
FreeAgent is a trademark of FreeAgent Central Ltd (a NatWest Group company). Blankitt is an independent product and is not affiliated with, sponsored by, or endorsed by FreeAgent or NatWest Group. Comparison points reflect public information as of 5 July 2026; corrections welcome at [email protected].