Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Angus
4.9/5.0
Google Reviews
⭐ What Clients Say About Us
See what doctors, dentists, and care providers say about working with us.
Optical Professionals and Practices We Support
Independent Opticians
GOS income reconciliation, VAT apportionment between exempt sight tests and taxable dispensing, stock control and owner profit extraction.
Locum Optometrists
Self-assessment, IR35 status on agency work, GOC and professional fees, mileage between practices and equipment claims.
Optometry Clinics & Multiples
Management accounts per branch, partial exemption calculations, payroll for optical assistants and funding for new sites.
Private & Specialist Eye Care
Ophthalmology and refractive surgery providers: company accounts, VAT on cosmetic versus medical treatment and capital allowances on equipment.
Our Accounting Services for Optical Practices
Optical Tax Planning
Incorporation reviews, capital allowances on OCT scanners and consulting room fit-out, and profit extraction planning for practice owners.
Payroll & Pensions for Optical Staff
Payroll for optometrists, dispensing opticians and optical assistants, plus auto-enrolment, statutory pay and locum payments.
Bookkeeping for Optical Practices
Cloud bookkeeping that reconciles GOS payments, private fees and retail till takings so your figures are accurate all year.
VAT Apportionment for Opticians
Sight tests are exempt while frames and lenses are taxable, so a mixed supply needs apportioning. We use an HMRC-acceptable method and defend it if queried.
Management Accounts & Reporting
Reports showing tests per day, dispensing conversion, margin per branch and profit trends, so decisions are based on real numbers.
Key Accounting Challenges for Optical Businesses
Optical businesses often have more moving parts than a purely professional service firm. With clinical income, retail sales, stock, equipment and staff to account for, keeping the numbers accurate and the tax treatment correct can quickly become complicated.
- Multiple Income Streams — Eye test fees, contact lens plans and spectacle sales often need tracking separately for accurate reporting and tax purposes.
- Stock and Inventory — Spectacle frames, lenses and contact lenses tie up money in stock, and valuations must reflect what is actually held and sellable.
- Equipment and Professional Expenses — Optical equipment, testing instruments and professional indemnity costs need the correct treatment as capital or revenue expenditure.
- VAT on Mixed Supplies — Optical services and supplies of spectacles or contact lenses can be treated differently for VAT, so each supply needs individual checking.
- Payroll and Practice Staff — Optometrists, dispensing opticians, optical assistants and locum cover all create payroll, pension and contractor payment obligations.
Why Specialist Accounting Support Matters for Optical Businesses
Real Optical Expertise
GOS income, voucher values, partial exemption and dispensing margin — no explaining required.
Built Around Your Practice
Independents, multiples and locum optometrists each get a different service, not a template.
VAT Apportionment Done Right
We use a defensible apportionment method and keep the workings ready in case HMRC asks.
Fixed, Transparent Fees
One agreed monthly fee with no hourly billing and no surprises at year end.
Clear Margin Reporting
Management accounts that show where the profit actually comes from, test by test and branch by branch.
Named Accountant, Real Answers
You deal with the same qualified person every time, by phone or email, not a call centre.
Our Simple 3-Step Process for Optical Businesses
1. Initial Consultation (It’s Free):
We begin by getting to know your practice and understanding your unique needs. This step ensures we have a clear picture of your operations and your goals.
2. Customised Plan:
Based on our initial discussion, we create a personalised plan designed specifically for you. The aim is to keep everything organised and easy to follow. You can rest assured that your numbers are being handled with expert precision.
3. Ongoing Support & Updates:
From there, we take care of the ongoing work and keep you updated with reports. You’ll always know what’s happening, and we’re always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
Accounting Support Built for Optical Practices
Technology Driven
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
Named Optical Accountant
A dedicated accountant for opticians who understands GOS income, stock and dispensing margin.
Ongoing Support
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Experienced Team
Our team has over 100 years of combined accountancy experience.
Free - Email Reminders
Never Miss any deadline with our automated email reminders.
Yes, We Are Chartered!
We’re an ICAEW, ACCA & AAT accredited Firm.
How to Join/Switch
Take a back seat and let our expert accountants handle everything. Here’s how easy it is to get started with us:
Get in touch
Reach out to us, and we’ll discuss your needs and how we can help your healthcare practice thrive.
Letter of Engagement
We’ll send over a simple letter to formalise our partnership and get everything in motion.
Previous Accountants
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
We Do the Rest
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
FAQs
They provide accounting, tax and compliance support tailored to optical professionals and businesses. That can cover bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where applicable, along with practical advice on how income from eye tests, dispensing and optical goods should be recorded.
Support is available for independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. The work involved varies depending on how you earn income, how the business is structured and whether you supply optical goods as well as professional services.
Yes. Self-employed optometrists and locum opticians often need help with Self Assessment, income and expenses, and record keeping across multiple engagements. Sole traders and partners have different reporting requirements from limited companies, so the approach is tailored to your structure and how your income arises.
Yes. Bookkeeping keeps your income and costs organised throughout the year, while Self Assessment deals with your personal tax return where you are self-employed or a partner. Records covering professional fees, spectacle and contact lens sales, stock and practice expenses all feed into both.
Yes. Limited companies and their directors need annual accounts and Corporation Tax returns, and the two are connected. Company profits, director salaries, dividends and allowable expenses all interact, so the right approach depends on your circumstances and how the practice is set up.
Stock such as frames, lenses and contact lenses should be recorded consistently, with values reflecting what is held and sellable at the year end. Business expenses need to be genuinely for the practice and supported by records, and treatment can differ between capital items such as equipment and day-to-day costs.
Possibly. VAT depends on your turnover and the nature of your supplies. Professional optical services and the supply of spectacles or contact lenses can be treated differently, and exemptions or zero-rating may apply in certain circumstances. Because the rules are detailed, each business needs its own review.
Yes. Payroll support can cover optometrists, dispensing opticians, optical assistants and reception staff, including PAYE, National Insurance and pension obligations. Where you use locums or other contractors, the correct payment and reporting treatment depends on the working arrangements.