Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Balsall Common

CruseBurke provides clear, practical accounting and tax support for opticians, optometrists, dispensing opticians and optical practices in Balsall Common, with transparent fees and no hidden surprises.

4.9/5.0

Google Reviews

⭐ What Clients Say About Us

See what doctors, dentists, and care providers say about working with us.

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Jamie Fletcher profile picture
Jamie Fletcher
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It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about. I'd highly recommend them.
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Mansur Liman profile picture
Mansur Liman
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Accotax have been our accountants for many years now. We maintained them, because of their professionalism. In the last coiple of years, i have working with Imran, who has been very professional and helpful in guiding us through the whole process explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow. I really enjoy working with him. Thank you
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Muna Mohamoud profile picture
Muna Mohamoud
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I highly recommend Imran to anyone looking for a reliable and knowledgeable accountant. He helped me sort out a very complicated backlog of accounts and prepared my overdue tax returns with professionalism and attention to detail. Throughout the process, he was incredibly patient, took the time to answer all of my questions, and explained everything clearly. He guided me through each step and helped rectify issues that had built up over time, making what felt like an overwhelming situation much more manageable. I'm very pleased with the service I've received and truly appreciate his support. If you need help with your accounts or taxes, I would highly recommend Imran.
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Sergey M profile picture
Sergey M
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I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.
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Ebba Qureshi profile picture
Ebba Qureshi
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Fabulous team at ACCOTAX - very efficient and good response time . Honest and professional with their work. I would highly recommend them even if you’re a young start up - or a large business they have it covered .
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Mael Leboucher profile picture
Mael Leboucher
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We worked with a few different accountants before finally settling with Accotax, and we’re really glad we did. Their team is great. Abdul is responsive and easy to reach whenever I have a question, which makes a big difference. They take the time to understand how our business works and what our needs are. They are very knowledgeable, and when they don’t have the answer straight away, they take the time to look into it and get back to us quickly. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing. She is professional, efficient, and follows the processes we have put in place together. She's also very quickin getting back to us whenever needed. We’re very happy to work with her and hope to continue doing so for as long as possible. Overall, Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.
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3rd Hub profile picture
3rd Hub
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Imran provides a very dependable and straightforward accounting service. He is always responsive and professional when managing our accounts. Excellent support.
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Martin Tyrrell profile picture
Martin Tyrrell
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I have really impressed to date with all dealings with Accotax highly enough. From day one, they've made what can often be a complicated and stressful part of running a business feel straightforward and hassle-free. A special mention has to go to Anum, who has been friendly, incredibly responsive, and genuinely cares about providing the best possible service. No question is ever too much trouble, and she consistently goes above and beyond to make sure everything is dealt with efficiently. I wouldn't hesitate to recommend you to anyone looking for an accountant they can genuinely trust.
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Matthew Lyon profile picture
Matthew Lyon
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Great speedy service and very personable. Anum dealt with my income certificate and did everything quickly and helped me out massively. Very happy with the service provided.
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Opticians and Optical Professionals We Support

Accountants for Opticians in Balsall Common support a wide range of optical professionals and businesses. Independent opticians and practice owners often need help with both clinical and retail income, while optometrists and dispensing opticians may work as employees, sole traders, partners or company directors. Accounting requirements differ depending on how income is earned, how the business is structured and whether optical goods are supplied. A locum optometrist paid per session, a partnership running a practice and a limited company employing staff each have different reporting, tax and record-keeping needs, so support should be shaped around individual circumstances.

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

Our accounting services for optical practices are built around the way optical businesses actually earn money. For sole traders and partnerships, that might mean Self Assessment, bookkeeping and clear records of professional fees, spectacles, contact lenses and lab costs. Limited companies may also need annual accounts, Corporation Tax returns, payroll for optometrists, dispensing opticians and support staff, and management accounts that show how the practice is performing. VAT support is available where it applies, bearing in mind that different optical supplies can be treated differently. Tax planning, stock and equipment records, and advice on business structures can all form part of the picture, depending on your circumstances.

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

Accounting for an optical business is rarely a single, simple stream. Clinical work, retail sales, stock and staffing often overlap, and each area can carry its own record-keeping, tax and reporting implications.

  • Mixed income streams: professional fees, eyewear sales and contact lens schemes can behave differently, so income needs recording and reporting separately.
  • Stock and optical inventory: frames, lenses and contact lens stock tie up cash and need accurate valuation, particularly where returns and supplier credits arise.
  • Equipment and practice costs: testing instruments, optical equipment and premises costs need clear records so expenses and capital items are treated appropriately.
  • Payroll for practice staff: optometrists, dispensing opticians, optical assistants and locum cover can be engaged differently, each with distinct payroll or contractor reporting duties.
  • VAT on different optical supplies: treatment can differ between professional services and goods such as spectacles or contact lenses, so it depends on the exact supply.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses rarely fit a standard accounting mould. Alongside professional services such as sight tests and contact lens aftercare, many practices sell spectacles, lenses and accessories, which means stock, supplier payments and till records all need to be tracked properly. Equipment, premises costs and staff wages add further layers. Support that understands these mixed income streams can help keep bookkeeping accurate, make tax administration less stressful and ensure expenses are recorded sensibly. Because so much depends on structure, VAT status and individual circumstances, general advice is rarely enough — optical-specific support tends to be far more practical.

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

Our process is straightforward and designed around you. It begins by understanding your optical work and requirements, then identifies the accounting and tax support that applies to your role or practice. 1. Tell Us About Your Business — We learn about your services, how you are structured, and how professional fees, spectacles, contact lenses or stock contribute to your income. 2. Review Your Accounting Needs — We identify the requirements that apply, which may include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll or VAT support, depending on your circumstances. 3. Receive Ongoing Support — Support then continues in line with your needs, whether that is regular bookkeeping, help with tax deadlines, payroll for practice staff or reviewing your position as things change.

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

Accounting support for optical practices works best when it is tailored to the way the business runs. That means keeping clear financial records for professional income, spectacle and contact lens sales, stock movements and equipment purchases, and making sure practice premises costs and staff wages are recorded correctly. Payroll for optometrists, dispensing opticians and optical assistants, tax administration, Self Assessment and Corporation Tax filings all need to align with the underlying records. Where VAT applies, the treatment of different optical supplies should be considered carefully. The aim is straightforward: accurate records, sensible tax planning and support that reflects the realities of running an optical business.

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 handle the day-to-day accounting, tax and compliance work behind an optical business or career. That typically includes bookkeeping, annual accounts, Self Assessment or Corporation Tax returns, payroll, VAT support where applicable, and practical advice on how professional income and optical goods should be recorded.

Support is available for independent opticians, optometrists, dispensing opticians, locums, optical practice owners and limited companies running an optical business. The right approach depends on how you work, how you are structured and whether you also supply spectacles, contact lenses or other optical goods.

Yes. Self-employed optometrists, locums and dispensing opticians often need help with Self Assessment, keeping track of professional fees, travel between practices and equipment costs, and understanding which expenses can be claimed. Sole traders and partners generally have different reporting requirements from limited companies, so advice is tailored accordingly.

Yes. Bookkeeping can be kept up to date through the year rather than left until a deadline, covering professional fees, optical goods sales, stock and practice costs. Self Assessment tax returns can then be prepared from those records, with the position explained clearly. What applies depends on your income, structure and individual circumstances.

Yes. If you run an optical practice through a limited company, annual accounts and a Corporation Tax return will usually be required. These can be prepared from accurate records covering income, stock, equipment, premises costs and salaries. Timing and treatment depend on your company's circumstances and the accounting period involved.

Spectacles, contact lenses and other optical goods are usually treated as sales of goods, so that income needs recording separately from professional fees and matched against the cost of frames, lenses and stock. From a VAT perspective, treatment can vary between professional services and goods, so the nature of each supply matters.

Sometimes. VAT registration depends on turnover and the nature of supplies. Optical businesses often provide professional services alongside goods such as spectacles and contact lenses, and different supplies can have different VAT treatments, so the position should be reviewed rather than assumed. Individual circumstances determine what applies.

Yes, switching is usually straightforward. Once you get in touch, we can discuss your current arrangements, the records you hold and what needs to be transferred. Where relevant, we can liaise with your existing accountant so that deadlines and ongoing filings continue without unnecessary disruption to your optical business.

Speak to an Expert

Need Accountants for Opticians in Balsall Common Who Understand Your Business?

Running an optical practice brings mixed income streams, stock to track and tax deadlines that do not move. CruseBurke can help with bookkeeping, Self Assessment, annual accounts and payroll, so your records stay accurate and your position stays clear. Clear, practical support for optical professionals in Balsall Common.