Your banking, payments and accounting seamlessly connected
We connect your UK bank accounts and payment platforms directly to FreeAgent to automate your daily transaction tracking. Your dedicated Workwell accountant monitors these feeds to ensure your records stay accurate, reconciled and tax-ready.
Free to set up No minimum contract Switch in minutes
All-inclusive from
£42.50/mo + VAT
FreeAgent software fee for Workwell clients
VAT registration threshold for 2025/26 and 2026/27
Income threshold for MTD from 6 April 2026
Income threshold for MTD from 6 April 2027
What you get with Integrations
Key things to know about integrations
Making Tax Digital for Income Tax
New digital reporting rules are changing how self-employed individuals and landlords submit their tax information to HMRC.
- From 6 April 2026, sole traders and landlords with qualifying gross income over £50,000 must use MTD-compatible software.
- From 6 April 2027, the qualifying income threshold for mandatory digital reporting reduces to £30,000.
- Under these rules, you must send quarterly digital updates to HMRC instead of a single annual tax return.
- The first quarterly update deadline under the new system is 7 August 2026.
UK VAT registration rules
Keeping your sales platform integrations accurate ensures you monitor your VAT obligations in real time.
- You must register for VAT if your taxable turnover exceeds £90,000 in any rolling 12-month period.
- The registration threshold remains at £90,000 for both the 2025/26 and 2026/27 tax years.
- You can deregister from VAT if your taxable turnover falls below the threshold of £88,000.
- Failing to register within 30 days of crossing the threshold can result in late notification penalties from HMRC.
Open Banking consent updates
FCA regulations make it simpler to keep your automated bank feeds running without interruption.
- Under FCA rules, you no longer need to log into your bank to reauthenticate access every 90 days.
- You only need to reconfirm your consent directly within FreeAgent every 90 days with a simple click.
- Your bank feed remains active indefinitely as long as you complete this simple 90-day consent renewal.
- Strong Customer Authentication is still required when you connect a new bank account for the first time.
Self Assessment transition deadlines
The transition to digital reporting overlaps with the final deadlines of the traditional tax system.
- The final traditional Self Assessment return for the 2025/26 tax year must be filed by 31 January 2027.
- Any tax owed for the 2025/26 tax year must also be paid in full by 31 January 2027.
- Even if you enter MTD in April 2026, you must still complete the old-style return for the previous year.
The difference a dedicated accountant makes
Zero manual data entry
Transactions flow securely from your bank and payment tools straight into FreeAgent. This eliminates the need to manually upload spreadsheets or type in transaction details.
Real-time tax visibility
With live feeds updating your books, you can view an up-to-date estimate of your tax liabilities at any moment. Your dedicated accountant uses this live data to proactively advise you.
Faster client payments
By connecting Stripe or PayPal, clients can pay your invoices instantly online via credit card or bank transfer. FreeAgent automatically marks these invoices as paid and reconciles the fees.
Hassle-free tax compliance
Automated feeds keep your digital records structured and ready for direct filing to HMRC. This ensures you meet Making Tax Digital rules without any last-minute rush.
Going it alone vs having us in your corner
You can absolutely do your own books. Here's what actually changes when a dedicated accountant takes it off your plate.
Doing it yourself
Accounting software
Pay for FreeAgent yourself — that's £100s a year on top.
Tax savings
Easy to miss allowable expenses, reliefs and allowances.
Your time
Evenings lost to receipts, spreadsheets and HMRC admin.
Knowledge & deadlines
MTD, National Insurance and filing dates — costly to get wrong.
With Workwell
Accounting software
FreeAgent included free, set up and ready to go.
Tax savings
Proactive planning to claim every allowance — often saving more than we cost.
Your time
We handle the books and filing, so you get your evenings back.
Knowledge & deadlines
A named accountant keeps you compliant and filed on time, every time.
The bottom line
Free software, more tax saved and your time back — for just £42.50/mo.
Most clients save more in tax and software than they pay us. Switching takes minutes.
Everything, sorted
Automated Bank Feeds
- Direct Open Banking setup for all major UK banks
- Automated daily transaction imports into FreeAgent
- Support for multiple business bank accounts
- Secure data sharing using encrypted FCA-regulated protocols
- Instant matching of bank transactions to outstanding invoices
Payment Platform Connections
- Direct integration with Stripe, PayPal and GoCardless
- Automatic extraction of payment processing fees
- Instant payment buttons embedded on digital invoices
- Automated reconciliation of card payments and deposits
- Support for multi-currency transactions and conversions
Smart Bookkeeping Automation
- Smart Capture for automatic receipt data extraction
- Automated categorisation of recurring business expenses
- Direct matching of supplier bills to bank payments
- Real-time cash flow forecasting based on feed data
- Dedicated accountant review to ensure transaction accuracy
Digital Tax Filing
- MTD-compliant VAT return generation and direct filing
- Real-time calculations of projected Corporation Tax liabilities
- End-of-year Self Assessment preparation and submission
- Quarterly digital updates compiled for HMRC compliance
- Dedicated accountant oversight on all tax submissions
“Workwell has administered my company since formation in 2014. I am very happy with the quality of the service that they have provided. Danielle and Ross, in particular, have been excellent in their roles as lead client accountants.”
Limited company client
With Workwell since 2014
Questions, answered
Ready to get integrations sorted?
A dedicated accountant, unlimited advice and free software — one simple monthly fee. Set up in minutes.