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About 123Sheets Com
What is 123Sheets Com?
123Sheets Com is a Making Tax Digital (MTD) bridging software that allows self-employed individuals, landlords, and businesses to file Income Tax and VAT returns directly from their spreadsheets or Excel. It bridges the gap between your existing spreadsheet records and HMRC, ensuring compliance with MTD regulations without the need to switch to complex accounting software.
Who is it for?
This tool is ideal for self-employed professionals, landlords, VAT-registered businesses, and accountants who prefer working with spreadsheets but need to meet HMRC's digital reporting requirements. If you are comfortable with Excel and want to avoid expensive accounting suites, 123Sheets offers a simple, efficient solution.
It is not for those who require full bookkeeping, invoicing, or inventory management features—123Sheets focuses solely on MTD compliance, not general accounting.
Real use cases
Accountants use 123Sheets to file VAT returns for multiple clients directly from their spreadsheet data, saving time and reducing errors. Landlords can file their property income tax returns without learning new software. Small businesses with simple VAT affairs can manage their returns in Excel and submit them with a few clicks, avoiding the costs of larger providers.
Key features
- Spreadsheet/Excel MTD bridging — File Income Tax and VAT returns directly from your existing spreadsheets.
- For Self-Employed — Simplified MTD process tailored to sole traders.
- For Landlords — Easy property income tax filing.
- For VAT — Streamlined VAT return submissions for MTD.
- For Accountants — Efficient filing for multiple clients with minimal effort.
- HMRC Recognised — Legitimately recognised software provider with 50,000+ submissions.
SaaSpartout Score
7.1
/10
Editorial score from our review methodology — not user ratings.
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123Sheets Com Pricing
123Sheets Com pricing: from £??/yr.
Plan details
123Sheets Com offers tailored plans for self-employed, landlords, VAT, and accountants. Pricing is annual, and exact costs can be confirmed on the official website. The software is known for being more affordable than larger providers, as highlighted by user testimonials. All plans include access to spreadsheet/Excel MTD bridging for your specific filing needs.
Frequently asked questions
What is 123Sheets Com?
123Sheets Com is a Making Tax Digital (MTD) bridging software that lets you file Income Tax and VAT returns directly from your spreadsheets or Excel, ensuring HMRC compliance without switching to full accounting software.
How much does 123Sheets Com cost?
Pricing is annual; exact amounts are not published in the scraped data. Contact the vendor or visit the pricing page for current rates. Many users note it is cheaper than larger providers.
Is there a free trial for 123Sheets Com?
The scraped content does not mention a free trial. Check the official website for the latest trial or plan options.
Who is 123Sheets Com best for?
It is best for self-employed individuals, landlords, VAT-registered businesses, and accountants who prefer spreadsheets and need a simple MTD filing solution.
What are the top alternatives to 123Sheets Com?
Alternatives include other MTD-compliant software like QuickBooks, Xero, and dedicated bridging tools. However, 123Sheets is specifically designed for spreadsheet users who want a low-cost, straightforward option.
What is a key limitation of 123Sheets Com?
123Sheets focuses solely on MTD compliance; it does not offer full bookkeeping, invoicing, or inventory management features. Users needing those would require additional software.
