What 123 Reg actually charges, and the catch at renewal
123 Reg leads with a low first-year price on Microsoft 365 and lets the renewal do the quiet work. The pattern looks like this:
- Year one: around £7.99 per user per month ex VAT.
- Renewal: around £13.99 per user per month ex VAT, roughly a 75% jump.
- The tenant: your licences sit in a Microsoft tenant that 123 Reg owns and administers, not one you control.
The headline number is the bait. The renewal is the real price, and most businesses only notice when the invoice lands a year later. By then the working assumption is that switching means breaking email, so the renewal gets paid and the cycle repeats.