Oh, hello there...
We’ve been helping SMEs for over 15 years, including providing specialist advise on R&D tax relief claims.
Wait, what? You already have a dedicated team of R&D tax relief consultants? Why did you create a software product that helps businesses claim R&D tax relief?
Glad you asked.
Why we did it?
Making R&D tax relief accessible no matter the size of your business and your balance sheet
There’s plenty of support for larger companies who want to access R&D tax relief, but there’s very little support for smaller companies. We wanted to level the playing field.
Your team are busy doing what they were hired to do and don’t always have time to focus on the necessary record keeping for R&D tax relief. The issue is often magnified by the fact that R&D tax credit claims are often prepared two years from the end of the accounting period. This means that understandably certain aspects of the work that went into research and development escapes memory. This can have an adverse effect on the strength of a claim and can prevent a business from being able to claim money on all potential projects.
Over the years, we’ve helped quite a few start-ups grow into successful, multi-million pound businesses, and we wanted to provide that support to as many businesses as possible. The best way to reach more businesses is through automation, and from the idea, Novel was born.
How we did it?
It helped that Franco Manca is in the same building as our office
We have decades of experience building tax software. Our team are behind two market-leading tax software products; Alphatax, which remains the market leader in corporation tax software, and Paycircle, which is the first truly cloud-based payroll product for payroll bureaus. So we know what we are doing when it comes to tax software development.
We have our own team of R&D tax relief consultants that annually completes R&D claims worth £4.1m, and whose experience is instrumental in understanding how to best help SMEs complete their claims. Each conversation with a client, every question and every answer has been coded into how Novel functions.
We focused on one goal, making the process of claiming R&D tax relief as jargon-free and as understandable as possible. We didn’t want to become one of those books or tools with glossaries. To their surprise, our software development team inadvertently became the tax consultants guinea pigs as different definitions of complex tax concepts were thrown at them until they could create videos and education pieces that people would understand.
From what we’ve heard, the software development team does not hold a grudge as they agree it was for the greater good. Borrowing the words of Elon Musk, Acronyms Serious Suck so we tried our best to avoid as much tax jargon as possible.
Meet the team
Here are some minds behind Novel, our R&D tax relief software
These are some of the people you can blame if you find the education pieces confusing or think the layout of the software is not user friendly or the font sucks. You can also get in touch if you need advice or have questions about the claim process.
Partner, BSc Pure Maths, ACA CTA
Founder of Optimal Compliance in 2009, David is a Chartered Accountant and Chartered Tax Adviser with over thirty years’ experience advising businesses of all sizes. He is also the founder of two other tax software products which are used by Top 10 accounting firms across the UK. David wants to ‘level the playing field’ by providing affordable help and support to smaller businesses through innovative software products.
Partner, BA Geography
Leading our consulting team, Ben has over ten years’ experience working with SMEs across all areas of business structuring, accounting, and tax. His aim is to replace traditional business consulting with educational software products that allow business owners to self-serve. Through automation he hopes to reach many more businesses, and to provide a better service at a much lower cost. Novel is the first of these products.
Chief Technology Officer, Partner, BSc Computer Science
Ellis has been building technology teams for more than five years. His expertise across all software engineering domains allows him to build out of the box enterprise level solutions using a range of technologies that are effective, secure and reliable. He aims to create platforms that revolutionise the R&D and tax sector by making it more accessible through cutting edge technology and continuous automation.
Product Manager, Partner
Tom is the product manager of Novel and is often the first point of contact for clients wanting to claim R&D tax relief. Having worked with SMEs for over eight years, he has built up an intimate understanding of the struggles of running a business. Through Novel, he aims to reduce the confusion surrounding R&D tax relief whilst increasing accessibility to the R&D scheme for businesses of all sizes
Partner, MSc Machine Learning, BSc Natural Sciences
Phil has been working in the R&D consulting team for over three years, helping our clients claim over £3 million in R&D tax relief. He specialises in Artificial Intelligence, with an additional focus on Biotechnology and Engineering. Phil’s aim is to utilise A.I. to open up first-rate business consulting opportunities to a broader audience.
Partner, BSc Physics
Jonny started out as a software engineer before making the move to the R&D industry to help share his sector knowledge with Optimal Compliance’s and Novel’s clients. With over two and a half years of experience in the industry, Jonny has been helping a wide range of SMEs benefit from both the SME and RDEC schemes, and is excited to see how many more businesses Novel can help.
Partner, MPharm MSc MRPharmS
Jón initially joined the OC and Novel team as the resident pharmaceutical expert. A childhood fascination for toxicology lead him towards pharmaceutical studies, and becoming a ward-based clinical pharmacist. Although he continues to be a qualified pharmacist, he has joined our team of R&D consultants with the goal to help more SMEs in the pharmaceutical industry benefit from tax relief via Novel.
Lead Front End Engineer, Partner, BSc Psychology
Sergej is passionate about writing beautiful and efficient code that translates into intuitive and user-friendly software solutions for Novel and Optimal Compliance. He can often be found bickering with the UX designer over the correct shades of blue but as someone who never gives up on a problem, he is one of the most resilient and patient front end developers we’ve ever met.
Scrum Master, Partner, MSc International Management
Hugo has been in the consulting team for over five years helping support SMEs across all industry sectors reach their potential. He believes that access to the right software can help SMEs become more resourceful and maximise a business’s potential. With a particular interest in streamlining process, Hugo has taken on the position of scrum master within the Novel team to keep things agile.
UX Designer, Partner, MA Art and Cultural Management
As the resident creative, Sanela is in charge of translating all of the ideas and logic thrown around by the R&D consultants and engineers into friendly software design. She also acts as a self-proclaimed barometer of R&D tax relief jargon and is not ashamed to call out the consultants when she feels there is a more approachable way they can go about writing content for Novel to better serve SMEs.
R&D tax relief software created by those that know taxes and businesses
Want to find out more about R&D tax relief or how Novel can help you file your claim? Get in touch with us below.