Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Carshalton
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 combine clinical work with the sale of goods, which makes record keeping, tax and VAT more involved than for a purely service-based profession. The challenges below come up regularly for opticians and optical practices.
- Mixed income streams — Professional fees, private work, locum sessions and product sales may need tracking separately in your records.
- Spectacles, lenses and contact lenses — Goods sold alongside services need accurate recording so cost of sales and stock figures stay reliable.
- Equipment and practice costs — Testing equipment, fittings, premises, insurance and professional fees should be categorised consistently.
- Payroll and contractor payments — Employed practice staff and self-employed locums can have different tax and reporting requirements.
- VAT on different supplies — Professional services and optical goods may be treated differently, so VAT treatment depends on the circumstances.
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
Accountants for Opticians provide accounting and tax support shaped around optical work. That typically includes bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT guidance where relevant, along with help recording professional income, spectacle and contact lens sales, stock, equipment and practice expenses.
Support is available for independent opticians, optometrists, dispensing opticians, self-employed optical professionals, locum optometrists, practice owners and limited companies running optical businesses. Because roles and business models differ, the accounting approach is tailored to how you earn income and how your business is structured.
Yes. Self-employed optometrists, locum opticians and dispensing opticians often need help with Self Assessment, expenses and record keeping. If you work through a limited company rather than as a sole trader, the requirements differ, so it is worth confirming your position before deciding how to operate.
It depends on the practice. Many need bookkeeping, annual accounts, payroll for staff and support with Corporation Tax or income tax. Practices selling spectacles, lenses and contact lenses may also need advice on stock records, margins and VAT where different supplies are treated differently.
Frames, lenses, contact lenses and accessories should be recorded so cost of sales and stock values stay accurate. Equipment, premises costs, insurance, professional fees and staff costs should be separated clearly. Consistent records make your accounts more reliable and help you understand which parts of the practice are profitable.
Possibly. VAT treatment depends on the nature of each supply and the circumstances of the business. Professional optical services and the supply of optical goods can be treated differently, and exemptions or standard-rating may apply in specific situations. It is worth reviewing your position rather than assuming one rule covers everything.
Yes. Moving accountant is usually straightforward, and you can normally arrange for your existing accountant to hand over information. Providing previous accounts, tax returns and bookkeeping records helps the transition run smoothly, so any areas needing attention can then be reviewed.
Get in touch and tell us about your practice or professional work, how you are structured and what you need help with. From there, the appropriate accounting and tax support can be identified and the next steps confirmed.