Business Tools

Best Accounting Software UK 2026/27

QuickBooks · Xero · FreeAgent · Sage · Crunch — compared for freelancers, sole traders and limited companies

The right accounting software saves you hours every month and keeps you compliant with MTD (Making Tax Digital). Our picks cover every type of UK business — from first-time freelancers to established limited companies with complex VAT needs.

At a glance

SoftwareFromMTDBest for
QuickBooks£14/moMost integrations, scalable
Xero£16/moVAT, growing businesses
FreeAgent£19/mo or free*Contractors, limited companies
Sage£15/moEstablished SMEs
Crunch£24.50/moLimited company contractors (incl. accountant)

*FreeAgent free with NatWest, RBS, Ulster Bank or Starling business account. Prices ex-VAT. Updated May 2026.

Our top picks

QuickBooks Most Popular
From £14/mo + VAT
Plans Simple Start · Essentials · Plus
MTD ✓ VAT & ITSA

The UK's most widely used accounting platform. QuickBooks connects to virtually every bank, payment processor and e-commerce tool, making it the default choice for businesses with multiple revenue streams or complex integrations.

Pros
  • Largest ecosystem of integrations (Shopify, Stripe, PayPal, Amazon)
  • Automatic bank feeds and reconciliation
  • Strong payroll module (extra cost)
  • Accountant access on all plans
Cons
  • Price rises sharply after introductory period
  • Interface can feel complex for sole traders
  • No accountant included — software only
Visit QuickBooks →

We may earn a commission if you sign up via our link — this doesn't affect our editorial independence.

Xero Best for VAT & MTD
From £16/mo + VAT
Plans Starter · Standard · Premium
MTD ✓ VAT & ITSA

Xero is the accountant's favourite and widely regarded as having the cleanest VAT handling on the market. If you're VAT-registered or planning to grow, Xero's ecosystem of 1,000+ integrations and its strong UK accountancy community make it a natural choice.

Pros
  • Best-in-class VAT returns and MTD bridging
  • Unlimited users on all plans
  • 1,000+ integrations
  • Excellent multi-currency support
Cons
  • Starter plan limits bills and invoices to 20/mo
  • Payroll is an add-on (£5+/mo)
  • Steeper learning curve than FreeAgent
Visit Xero →

We may earn a commission if you sign up via our link — this doesn't affect our editorial independence.

FreeAgent Often Free Best for Contractors
From £19/mo + VAT (or free*)
Plans Single plan — all features included
MTD ✓ HMRC-recognised

FreeAgent was built specifically for UK freelancers and limited company contractors. It handles Self Assessment, Corporation Tax, payroll and VAT in one place — and remains completely free forever with a NatWest, RBS, Ulster Bank or Starling business account.

Pros
  • Free with NatWest / RBS / Starling business account
  • Purpose-built for limited companies and contractors
  • Handles Corporation Tax, Self Assessment & payroll
  • HMRC-recognised for MTD VAT
Cons
  • Fewer integrations than QuickBooks/Xero
  • No accountant included — software only
  • Less suited to larger businesses with complex needs
Visit FreeAgent →

*Free for life with a qualifying NatWest, RBS, Ulster Bank or Starling business account. We may earn a commission if you sign up via our link.

Sage Trusted Brand
From £15/mo + VAT
Plans Accounting Start · Accounting · Accounting Plus
MTD ✓ VAT & ITSA

Sage is the household name in UK accounting — trusted by over 800,000 UK businesses. Sage Accounting (formerly Sage One) is its cloud product for small businesses, with the full desktop suite (Sage 50) for larger operations.

Pros
  • Most trusted brand — widely known by accountants
  • Strong cash flow forecasting tools
  • 24/7 UK support
  • Scales to Sage 50 for larger businesses
Cons
  • Interface feels less modern than Xero/QuickBooks
  • Start plan limits bank feeds and users
  • Less suited to freelancers and micro-businesses
Visit Sage →

We may earn a commission if you sign up via our link — this doesn't affect our editorial independence.

Crunch Includes Accountant
From £24.50/mo + VAT
Plans Sole Trader · Limited Company · Umbrella
MTD ✓ VAT & ITSA

Crunch is unique: it combines accounting software with access to a qualified accountant. For limited company contractors who don't want to hire a separate accountant, Crunch's all-in-one model can work out cheaper than software plus accountant fees separately.

Pros
  • Qualified accountant included in the price
  • Purpose-built for limited company contractors
  • Handles Corporation Tax, payroll, VAT and dividends
  • Dedicated account manager
Cons
  • More expensive than software-only alternatives
  • Fewer integrations than Xero/QuickBooks
  • Less suited to non-contractors or larger businesses
Visit Crunch →

We may earn a commission if you sign up via our link — this doesn't affect our editorial independence.

Which software suits your business?

Freelancer / sole trader

Start with FreeAgent (free with Starling) or QuickBooks Simple Start (£14/mo). Both handle Self Assessment and bank reconciliation without complexity.

VAT-registered business

Xero leads on VAT handling and MTD bridging. QuickBooks is a strong second if you need more integrations.

Limited company contractor

FreeAgent (free with NatWest/RBS/Starling) is purpose-built. Crunch if you want an accountant included — typically £24.50/mo all-in.

Growing SME

Xero or Sage scale best. Xero for modern cloud-first; Sage if your accountant already uses it or you need the Sage 50 upgrade path.

Director tip: If you run a limited company, accounting software is a fully allowable business expense — deducted before Corporation Tax. A £19/mo FreeAgent subscription costs your company £15.39/mo after 19% CT relief, or £14.25/mo at 25% CT. See director salary vs dividends and optimal salary/dividend split to maximise your take-home.

MTD: what you need to know

Making Tax Digital is HMRC's phased programme to move tax reporting online:

MTD PhaseWho it affectsWhen
MTD for VATAll VAT-registered businessesAlready live (since April 2022)
MTD for ITSA (phase 1)Self-employed income > £50,000April 2026
MTD for ITSA (phase 2)Self-employed income > £30,000April 2027

All five platforms on this page are HMRC-recognised for MTD. If you're currently using spreadsheets or desktop software, switching now avoids a last-minute scramble.

Free tools for self-employed and contractors

Frequently asked questions

FreeAgent costs £19/mo (+ VAT) if you pay directly, but is completely free for the life of your account if you hold a NatWest, RBS, Ulster Bank or Starling business bank account. If you close that account, charges resume.
FreeAgent and Crunch are both purpose-built for limited company contractors. FreeAgent is best if you already have an accountant and want low-cost software — get it free via Starling or NatWest. Crunch is better if you want an accountant included in the monthly fee and don't want to manage two separate relationships.
If you're VAT-registered, MTD for VAT already applies and you must use compatible software. MTD for Income Tax (ITSA) applies from April 2026 for self-employed income over £50,000 and from April 2027 for income over £30,000. All providers on this page are MTD-compatible.
Yes. Most platforms allow you to import data from competitors. It's easiest to switch at the start of a new tax year (6 April) to avoid splitting records, but mid-year migration is supported by all five providers listed here. Your accountant can advise on migrating opening balances.

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