MTD Software Finder

123 Sheets vs Taxd

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

123 Sheets is the cheaper starting point at from £23.70/yr (VAT included) versus from £120/yr for Taxd — but the cheapest plan only wins if it covers the income types you actually have.

123 SheetsTaxd
True annual cost fromfrom £23.70/yrfrom £120/yr
Self-employmentYesYes
Property / rentYesYes
Keeps your spreadsheetYesYes
Accountant accessYesNo
Typebridgingbridging
HMRC statusRecognisedRecognised
Price verified2026-08-102026-08-10

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

Taxd

An HMRC-recognised MTD for Income Tax tool from Taxd that files to HMRC from the records you keep (bridging), covering self-employment and UK property. The MTD plan handles the quarterly updates with specialist support; Taxd also sells guided one-off Self Assessment returns separately.

  • People who keep their own records and want filing plus support
  • Self-employed and landlords who want help on hand

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 10 August 2026 (catalogue reconciled 10 August 2026). Links are affiliate links and never affect ranking. Not affiliated with HMRC; not tax advice.