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123 Sheets vs FreshBooks

Side-by-side comparison for Making Tax Digital for Income Tax.

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123 Sheets

Cheap bridging software for spreadsheet users.

123 Sheets is a low-cost bridging tool, keep your records in Excel, it handles the HMRC submission. No bells, no whistles, just cheap compliance.

Visit 123 Sheets

FreshBooks

Strong on invoicing for freelancers.

FreshBooks leans into the freelancer and small-agency market with strong invoicing and time-tracking. MTD Income Tax support included on UK plans.

Visit FreshBooks

Full feature comparison

 123 SheetsFreshBooks
Pricing & compliance
Price from£1/mo£15/mo
Free tier––
HMRC-recognised✓✓
Features
Bank feeds–✓
Mobile app–✓
Receipt scanning–✓
CIS support––
Furnished holiday let support––
VAT submission––
Bridging software✓–
Invoicing–✓
Multiple properties––
Accountant access–✓
Best suited to
Sole Traders✓✓
Landlords✓–
Airbnb / Short-let Hosts––
CIS Subcontractors––
Uber & Gig Drivers––
Freelancers–✓
Spreadsheet Users✓–
Simple Affairs✓–
Accountants––
VAT-Registered––

✓ = supported. Based on each provider's published plans; check their site for the latest details.

123 Sheets verdict

Best for people who've kept their own spreadsheets for years and just need the legal submission step.

FreshBooks verdict

Worth it if invoicing is the main thing. Otherwise Xero is better value.

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