FreeAgent vs Hnry (2026): which should you pick?

Pick FreeAgent if

• Fits if you're a UK sole trader or limited company filing with HMRC
• Works for you if you bank with NatWest, RBS, Ulster Bank or Mettle, as it's free with them

Look elsewhere if

• Not for you if you run payroll in the US, as the US edition has none
• Pricey if you only send a few invoices, since there's one $27 plan and nothing smaller
• Skip it if you want unlimited receipt scanning included, as that's $6 a month extra
• Watch out: the advertised price is 50% off the first 6 months, then it renews at $27 a month
• Tight if you bank outside the UK, as the bank feeds page names mainly UK banks and support is UK-based

Pick Hnry if

• Fits if you're a New Zealand sole trader who doesn't want to think about tax
• Works for contractors who'd like tax taken out of each payment automatically

Look elsewhere if

• Not for you if you run a company or have staff, as the pages describe sole traders only
• Pricey if you earn a lot: the 1% fee runs up to $1,500 plus GST a year
• Tight if you're paid in many small amounts: payments under $50 carry a $0.50 plus GST minimum
• Watch out: the Australian and UK versions are separate sites that we didn't read

FreeAgent

• The advertised prices are 50% off the first 6 months (or first year, paid annually); it then renews at $27 a month or $270 a year.
• Payroll, Making Tax Digital and HMRC filing belong to the UK edition; the US edition lists sales tax reports but no payroll.
• UK prices depend on business type, excluding VAT: £10 a month for landlords, £19 sole traders, £27 partnerships and £33 limited companies.
• Support comes from accountants based in the UK, and the bank feeds page names mainly UK banks.

Hnry

• The fee is 1% + GST of income paid into the Hnry Account, so it rises with earnings up to $1,500 + GST a year.
• Payments under $50 carry a minimum fee of $0.50 + GST each, per the pricing FAQ.
• It is built for sole traders; the pages do not describe it as a ledger for companies or staffed businesses.
• Prices were read on the New Zealand site; Australian and UK versions are separate sites that were not read.

FreeAgent

Estimates and invoices

Send estimates and invoices from templates, convert an estimate to an invoice in one click, and invoice in other currencies.

Bank feeds

Import transactions daily from linked bank accounts, or upload OFX, QIF and CSV statements, and explain each one as money in or out.

Expenses and Smart Capture

Photograph receipts on the phone and upload them. Unlimited Smart Capture scanning is a $6 a month add-on.

Time tracking and projects

Record time with a stopwatch or timesheets and see the income, costs and profit of each project.

Dashboard and Radar

A dashboard shows cash flow and when tax bills are due, and Radar points out trends in the business's numbers.

Sales tax reports

Set one or more sales tax rates, including compound ones, and report tax charged and reclaimable, with Schedule C reporting.

Hnry

Tax calculated and paid for you

Self-employed income paid into the Hnry Account has tax calculated, deducted and paid, and the rest goes where you direct it.

Tax filings

Hnry acts as your accountant and files your tax returns when they are due, as part of the fee.

Invoicing

Send invoices from the app and have unpaid ones chased. The pricing page says using Hnry to invoice is optional.

Expenses and business Mastercard

Log expenses from a photo, or pay with the Hnry Business Mastercard, which raises business expenses automatically.

Allocations and mileage

Set automatic payments to savings, investments or charities, and track mileage with the separate Mileage by Hnry app.

FreeAgent

• FreeAgent$27

  per month, billed monthly

  Advertised at $13.50 a month for the first 6 months. One plan with invoicing, expenses, banking, projects, time tracking, sales tax reports and multiple currencies.

Hnry

• Pay as you earn$0

  No subscription. Fee is 1% + GST of each payment into your Hnry Account, capped at $1,500 + GST a year, and covers tax filing, expenses and support.

FreeAgent

• Other savings

  50% off the first 6 months

  New customers on monthly billing pay $13.50 a month for 6 months, then $27. The UK offer works the same way on each business-type price.

• Annual discount

  Pay yearly: 12 months for the price of 10

  Paying upfront costs $270 a year, the price of 10 months. The first year is half price at $135.

• Other savings

  Free with a NatWest, RBS, Ulster Bank or Mettle account

  UK businesses with a NatWest, Royal Bank of Scotland or Ulster Bank business account, or a Mettle account used at least once a month, get FreeAgent free.

Hnry

No public discounts listed.