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123 Sheets
Visit 123 Sheets websiteView HMRC listing
Our notes
123 Sheets is low-cost spreadsheet bridging software for MTD Income Tax and VAT, priced per taxpayer rather than per business. HMRC lists quarterly updates and the tax return.
Pros
- Very cheap, especially for agents
- One licence covers all income sources per taxpayer
- Works with existing Excel or exported CSV
Cons
- Headline price is a first-year 50% discount
- Dated website; demo rather than free tier
- Google Sheets support not stated
Price
Prices can change without notice, so confirm with the provider before you buy. Spotted an error? Email us.
- Cheapest MTD-capable plan
- 123 Sheets – single taxpayer
- Per month
- unknown
- Per year
- unknown
- VAT
- ex VAT
- Notes
- £19.75/yr per taxpayer includes a first-year 50% discount (full price implied, not stated). Covers multiple self-employments and lets per taxpayer. Optional 123 Sheets bookkeeping spreadsheet +£40 + VAT.
- Landlord pricing
- same price. Landlord ITSA page uses same per-taxpayer pricing.
- Agent/accountant pricing
- yes. Per client/yr (first-year price): 1 £19.75; 10 £39.50; 25 £59.50; 50 £79.50; 100 £119.50; 250 £239.50; 500 £439.50; 1,000 £839.50; 1,000+ £0.84 each. Agent bookkeeping spreadsheet £195 + VAT per staff member.
Really free?
- Quarterly updates free
- no (free demo only)
- Tax return (final declaration) free
- no
- Limits
- n/a
- Bank account condition
- n/a
- Time limit
- n/a
Landlords and spreadsheets
- Jointly owned property
- partial. 123 Sheets' own bookkeeping spreadsheets 'show profit reports per property and per beneficial owner'; no separate-submission workflow documented.
- Excel bridging
- yes (Excel 1997+/2010+; insert their worksheet into your spreadsheet)
- Google Sheets bridging
- unknown
- CSV import
- yes (FAQ: export from your software to Excel or .csv)
- Bridging notes
- Extracts quarterly summary totals; uploads not retained.
Checked 17 Oct 2026. Sources:123sheets.com, 123sheets.com, 123sheets.com
HMRC listing
What the software provider has told HMRC. “In development” means the provider has committed to building it in time for the 2026 to 2027 tax return.
Features
| Free version | Not included |
|---|---|
| Agent software | Ready now |
| Individual software | Ready now |
| Software that creates digital records | Ready now |
| Bridging software that connects to records | Ready now |
| Standard update period (6 April to 5 April) | Ready now |
| Calendar update period (1 April to 31 March) | Ready now |
| Making Tax Digital for VAT | Ready now |
| HMRC Assist (Submission Feedback) | Not included |
Business income
| Sole trader | Ready now |
|---|---|
| UK property | Ready now |
| Foreign property | Ready now |
Other income sources and items
| Employment (PAYE) | Ready now |
|---|---|
| UK dividends | Ready now |
| State Pension income | Ready now |
| Private pension incomes | Ready now |
| Partner income from a partnership | In development |
| Foreign dividends | Ready now |
| Foreign interest | Ready now |
| Private pension contributions | Ready now |
| Construction Industry Scheme | Ready now |
| Charitable giving | Ready now |
| Capital Gains | In development |
| Student Loan | Ready now |
| Marriage Allowance | Ready now |
| Voluntary Class 2 National Insurance | Ready now |
| High Income Child Benefit Charge | Ready now |
| UK interest | Ready now |
Accessibility
| Blindness or impaired vision | Not included |
|---|---|
| Deafness or impaired hearing | Not included |
| Motor or physical difficulties | Not included |
| Cognitive impairments | Not included |
Platform
| Software type | Desktop application Web browser |
|---|---|
| Compatible with | Microsoft Windows Mac OS Linux |
| Language | English |