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 verified2026-07-012026-07-01

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 1 July 2026 (catalogue reconciled 1 July 2026). Links are affiliate links and never affect ranking. Not affiliated with HMRC; not tax advice.