Comparison Guides
Is Novabook or Flare better for a UK startup?
Flare has built a strong reputation in the crypto space, supporting over 200 Web3 companies. They cater for businesses seeking support with on-chain activity.
Novabook works across DeepTech, BioTech, AI, SaaS, eCommerce, Hospitality & Services businesses, giving you direct access to one of their chartered accountants, trained at the likes of PwC and EY. A typical plan starts at £129 a month, compared with £550 a month for Flare’s startup accounting, and it covers both UK companies and their US (Delaware) parents with one team. Whenever you have any accounting questions, Novabook’s accountants are there to help and get you the answers in minutes, not days. The Novabook portal also gives founders a comprehensive view of all their accounting and finance needs.
Features | Novabook | Flare | Winner for startups |
|---|---|---|---|
Price | Book-keeping for £22/month Confirmation statements for £4/month Payroll from £15/month | Bookkeeping from £550/month Quarterly VAT returns for £75/month Annual accounts, corporation tax, and confirmation statements from £150/month Payroll for £25/month per employee | Novabook |
Flexibility | You pay per service on a monthly subscription basis, based on your needs. | Set pricing packages and tiers. | Novabook |
Communication | Direct access to your accountant, regardless of how much you pay. | Dedicated channel to contact your accountant if you are on the most expensive package. | Novabook |
Services | Full service accountants, offering everything from bookkeeping services to support with R&D Tax Credits. | Bookkeeping, tax and compliance. | Novabook |
Web3 & Crypto | Limited support for on-chain activity. | One of their core services. | Flare |
Frequently asked questions
Is there a cheaper alternative to Flare for UK startups?
Novabook's typical plans start from £129 a month plus VAT, compared with Flare's startup plans from £550 a month. Novabook covers bookkeeping, payroll, VAT, annual accounts, corporation tax, and confirmation statements for this price.
Does Novabook support R&D tax credit claims?
Novabook can prepare your R&D tax credit claims alongside your corporation tax return, so innovative startups can recover some of what they spend on development. Their in-house expert can support you through every stage.
Who will look after my accounts at Novabook?
Novabook's clients each get a dedicated accountant trained at the likes of PwC and EY. They look after all of your accounting needs, and you can always contact them with any ad hoc questions at no extra cost.