123 Sheets vs SimpleTax: Which Is Better Accounting Software?

We compare them based on real user reviews, prices and what features they both offer.

123 Sheets vs SimpleTax Basics

	123 Sheets	SimpleTax
Software Website	123 Sheets Website	SimpleTax Website
HMRC MTD Status	Approved	Not Included
Who Can Use It?	Agents and businesses	Landlords, Individuals, and Self-employed
HMRC Listed Features	Digital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates	Self employed and landlord record keeping, receipt scanning
Platforms	Web-based application	iPhone, iPad, Android and Web

Note data for this section comes from HMRC here and here

Wondering if 123 Sheets or SimpleTax has better user reviews. We compared them below.

	123 Sheets	SimpleTax
Trustpilot Rating	4.8	4.6
Number of Trustpilot Reviews	1239	1563
iPhone App Rating	No Rating	No Rating
Number of iPhone Reviews	No Reviews	No Reviews
Android App Rating	No Rating	No Rating
Number of Android Reviews	No Reviews	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper 123 Sheets or SimpleTax? Here are their prices compared.

Data taken from each company’s website at the time of writing but may have since changed.

Data taken from each company’s website at the time of writing but may have since changed.

	123 Sheets	SimpleTax
Payroll Software Integration	No	Yes
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	No	Yes
Prepare Self Assessment	No	Yes
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	No	Yes
Forecast Cash Flow	No	No
Accept and Make Payments In Different Currencies	No	No
Employee Time Tracking	No	No
Projects	No	No
Bank Feed Integration	No	No
End of Year Filings	No	Yes
Capture Bills And Receipts	No	Yes
Bulk Reconcile Transactions	No	No
Track Inventory & Stock Levels	No	No

	123 Sheets	SimpleTax
Pros	Price Easy to use Fast filing and prompt support Submitting VAT returns digitally Excel compatibility	Very simple to use Support was quick and easy Very clear pages with clear prompts Ability to automatically fill in tax return
Cons	Being logged out too soon and very often VAT return page doesn’t include the period dates Process navigation could be improved Price goes up every year Takes as much time as posting it for free to HMRC	Support team Doesnt have many choices for expenses User interface could be more customisable Glitches on the tax calculations