Compare MYOB and FreeAgent on pricing, features, platforms, and ratings — both Accounting tools, Tiered subscription pricing with discounted introductory…
At a Glance
MYOB
FreeAgent
Primary category
Accounting
Accounting
Rating
Not documented
Not documented
Pricing model
Tiered subscription pricing with discounted introductory rates for the first months/year, stepping up to standard rates thereafter (e.g. MYOB Business Pro from $21/month for 6 months then $70/month, with a 14-day free trial); payroll is typically billed per employee on top of the base plan; no lock-in contracts.
Subscription
Starting price
Not documented
From £9.50/month (introductory rate for sole traders; free for NatWest, RBS, Ulster Bank, and Mettle business account holders)
Free plan
Not documented
Yes
Free trial
Yes
Not documented
Platforms
Mobile App
Web, iOS, Android
Team collaboration
Not documented
Not documented
AI features
Not documented
Not documented
Public API
Not documented
Yes
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
MYOB
No individual plan breakdown documented yet.
FreeAgent
Sole Trader — £9.50/month (intro, first 6 months); £19/month standard monthly
Partnership/LLP — £13.50/month (intro); £27/month standard monthly
Limited Company — £16.50/month (intro); £33/month standard monthly
Landlord — £5/month (intro); £10/month standard monthly
Free (bank customers) — Free free
Pros & Cons
MYOB
Pros
Deep built-in compliance with Australian and New Zealand tax rules (GST, BAS, ATO reporting)
Product tiers scale from solo freelancers up to multi-entity businesses with complex inventory needs
Dedicated practice software for accountants and bookkeepers managing multiple clients
No lock-in contracts on subscription plans, with cancel-anytime flexibility
Established vendor with over three decades in the AU/NZ market and a large existing customer base
Cons
Focused on Australia/New Zealand tax compliance, making it a poor fit for businesses outside those markets
Introductory pricing steps up significantly after the first few months or first year
Full payroll and multi-currency features are reserved for higher-priced AccountRight tiers
AI BAS automation is still in beta rather than a mature, fully rolled-out feature
FreeAgent
Pros
Purpose-built for UK tax rules, including Making Tax Digital for VAT and Self Assessment
Free for business banking customers of NatWest, RBS, Ulster Bank, and Mettle
Combines invoicing, payroll, and cashflow forecasting in one subscription
Well-established accountant and bookkeeper ecosystem for practices with multiple clients
Backed by NatWest Group's resources while still operating as an independent product
Cons
Built specifically for UK tax and compliance rules, so it is of limited use outside the UK
Introductory discounted pricing reverts to a higher standard rate after the first months
Payroll and some add-ons cost extra on top of the base subscription
Feature depth for larger limited companies is lighter than dedicated enterprise accounting suites
Use Cases
MYOB
FreeAgent
Freelancer invoicing and tax filing — A freelancer sends invoices, tracks expenses, and submits Self Assessment returns directly from FreeAgent.
Small limited company bookkeeping — A limited company reconciles bank feeds, runs payroll, and files VAT returns for MTD compliance.
Landlord expense and income tracking — A landlord logs rental income and property expenses and prepares figures for Self Assessment.
Multi-client accounting practice — An accountancy firm manages several clients' books and files returns from a single practice dashboard.