MTD Software Finder

123 Sheets vs flonancial

Both are bridging tools for Making Tax Digital for Income Tax.

flonancial is the cheaper starting point at £0 (VAT included) versus from £23.70/yr for 123 Sheets — but the cheapest plan only wins if it covers the income types you actually have.

123 Sheetsflonancial
True annual cost fromfrom £23.70/yr£0
Self-employmentYesYes
Property / rentYesYes
Keeps your spreadsheetYesYes
Accountant accessYesNo
Typebridgingbridging
HMRC statusRecognisedRecognised
Price verified2026-07-062026-07-06

123 Sheets

Bridging software. If you already live in a spreadsheet, you keep it and 123 Sheets just submits the quarterly updates — by far the cheapest way to comply.

  • Spreadsheet diehards
  • People who want the lowest possible price

flonancial

Free, browser-based bridging for sole traders and UK landlords. Your spreadsheet is read in your browser and only the summary figures go to HMRC — a privacy-first take on the cheapest way to comply.

  • Spreadsheet keepers who want to pay nothing
  • People who care where their data goes

Not sure either is right? Use the finder to get a recommendation ranked by what it will actually cost you.

Prices are each tool's cheapest plan, VAT included, last verified 6 July 2026 (catalogue reconciled 6 July 2026). Links are affiliate links and never affect ranking. Not affiliated with HMRC; not tax advice.