FreeAgent Expands Banking Integration: Access Tax Calculation and Invoices Directly in App

A new expansion of FreeAgent’s innovative integration with NatWest, Royal Bank of Scotland, and Ulster Bank business accounts has been announced, allowing customers to conveniently access their tax calculation and invoice details within their banking app.

FreeAgent has collaborated closely with the banks to offer users a seamless experience, combining banking and accounting services into one platform for easy access to essential financial data. Users who utilise FreeAgent and maintain a business bank account with NatWest, Royal Bank of Scotland, or Ulster Bank can now avail themselves of tax calculation insights and view invoices directly within their banking app by connecting to FreeAgent. The following features are now available:

• Enhanced tax confidence: Users can now stay prepared by accessing real-time information regarding upcoming tax events, total tax calculations for outstanding tax liabilities, and individual tax breakdowns by type such as VAT, Corporation Tax, Income Tax, and payroll through FreeAgent Tax Timeline.

• Invoice tracking: Users can conveniently monitor their finances, track outstanding invoices, and view live invoice statuses directly within their banking app, including the ability to view all created invoices in FreeAgent and filter them based on due dates.

To begin accessing tax calculation and invoicing data, users simply need to connect their bank account to FreeAgent, which can be done from various sections within the banking app, such as the 'Tax and Accounting' screen, payment request screens, or the 'manage connections' section for NatWest customers. Following a few simple steps to approve the connection, users will have their tax and invoicing information displayed within their banking app.

Furthermore, it is highlighted that FreeAgent's award-winning software is available for free for users with business bank accounts at NatWest, Royal Bank of Scotland, or Ulster Bank, with the option for chargeable add-ons. Users are encouraged to explore the benefits of this comprehensive software and banking bundle tailored for businesses.