We typically recommend new startups to join Novabook ahead of key milestones like hiring an employee, registering for VAT, or preparing to raise investment. Many founders also join us upon incorporation to have their bookkeeping done from the start and have a partner in their corner to ask questions on tax regulations or help navigate complex areas like SEIS/EIS and the fundraising process.

As part of our onboarding process, we’ll ask you to introduce us to your current accountant. This helps us arrange a smooth handover and gather all the necessary information to set you up. If needed, we can also support migrating to Xero or clearing a bookkeeping backlog.

Novabook is a tech-enabled accounting firm specialising in startups. Unlike traditional firms, we combine chartered accountants with software engineers to build bespoke tools and automation. As founders who scaled a tech startup to 12M users and exited in 2022, we understand your challenges firsthand. Our approach ensures accurate books, cost-effective accounting as you grow, and pragmatic support from a team that has stood in your shoes.

After onboarding, we will discuss outstanding questions and ways to add value to your business. We will then connect you with your personal accountant. We always aim to get back to you the same business day. We're on it because we remember what it's like to chase for answers when running our own tech startup. You will work directly with our CEO, Stephen Wilks, and one of our chartered accountants. We understand that even the slightest tax worry can keep business owners awake at night, so we are committed to being responsive and available by phone, email, and video calls.

We believe in transparent pricing—no hidden fees. We charge a fixed fee because we know how frustrating it is when accountants charge an unknown amount at the end of the year or send a bill for every call or little piece of advice. Prices are customised based on transaction volume, business complexity, and each business owner's unique needs, such as weekly record-keeping or specific management reports.

Absolutely—we can help optimise your tax efficiency by ensuring you benefit from allowable business expenses to reduce your corporation tax bill. We’ll guide you in selecting the most tax-efficient way to extract profits, whether through PAYE, dividends, or director’s loans, and help you take full advantage of capital allowances, employment allowances, and tax reliefs such as R&D credits. Our team will explain how HMRC interprets the regulations and support you in making confident, informed business decisions.