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Unlock free accounting software through our partnership with FreshBooks

2-minute read

With Making Tax Digital requirements meaning more small businesses will need to submit their tax returns digitally, now is the ideal time to take advantage of FreshBooks’ free accounting software. We explore how small businesses can benefit from our partnership with FreshBooks.

Supporting small businesses to succeed

Our new partnership with FreshBooks is providing small businesses with the tools they need to grow and thrive. From today, small businesses that are Barclaycard Business and Barclays Business customers can access free accounting software from FreshBooks, a cloud-based accounting platform that makes it easier for small business owners to manage their time, expenses and invoices.

The FreshBooks package is worth over £260 per year, so this will be a direct saving for all small businesses who bank with Barclays or have a Barclaycard Business product.

This partnership benefit comes at an ideal time - from April 2022 the ‘Making Tax Digital’ (MTD) initiative requires all VAT-registered businesses in the UK to submit their annual returns digitally, using compliant software. FreshBooks supports small businesses through the move away from traditional, time-intensive tax processes and towards a more streamlined digital system.

We’re delighted to be partnering with Barclaycard to help small business owners grow and embrace digital transformation. It has come at a great time with the upcoming MTD requirements meaning more small businesses need to make the move to digital.

George Kyriakis, FreshBooks’ Senior Director of Partnerships

The benefits of FreshBooks

With FreshBooks, small businesses can save on average 550 hours a year on admin, are able to send unlimited invoices to up to 50 clients, can automatically track expenses on iOS and Android, and can manage mobile mileage tracking.

This partnership allows businesses using FreshBooks to accept payments via our Barclaycard Smartpay online payment service, enabling their customers to pay via a variety of methods. What’s more, businesses get access to the funds with next-day settlement, low transaction fees (from just 1%)*, and automatic reconciliation with no manual intervention.

MTD is a huge opportunity for small businesses. It makes doing your taxes much more straightforward and can hugely reduce the time businesses spend on admin. And, with our partnership with FreshBooks, our customers get those benefits for free, with the ability to accept payments online.

Clive Impey, Director of Integrated Payment Partnerships at Barclaycard Business

Source: FreshBooks,

*Transactions need to be taken before 6pm to ensure next day settlement. Transactions taken Friday after 6pm, Saturday or Sunday will be paid on Monday. Qualifying customers only, additional credit risk terms may apply (i.e. some applications will be declined or approved on delayed settlement terms).

Unlock free accounting software through our partnership with FreshBooks

Become a Barclaycard Business customer – and apply for free FreshBooks

FreshBooks is trusted accounting software that’s been used by over 24 million small business owners worldwide. Thanks to our partnership, when you take payments with us, you’ll get free access to their most popular accounting software plan, FreshBooks Plus – an exclusive perk, just for Barclaycard Business customers.