Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Edenbridge
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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 combine clinical or professional work with the sale of goods, which can make record keeping and tax reporting more involved than for a practice offering services alone. Several areas commonly need closer attention.
- Multiple income streams — professional fees and sales of spectacles or contact lenses behave differently in the accounts and need separating clearly.
- Stock and inventory — frames, lenses and contact lenses tie up money, and accurate stock records are essential for margins and year-end figures.
- VAT on mixed supplies — professional services and optical goods can fall under different VAT rules, so treatment should be reviewed rather than assumed.
- Equipment and practice costs — testing equipment, fittings, premises costs and professional expenses need to be recorded correctly to support allowable deductions.
- Payroll and Self Assessment deadlines — staff wages, pension contributions and personal tax returns carry deadlines that are easy to miss during a busy practice schedule.
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 handle the accounting and tax work that optical professionals and practices need, including bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where it applies. They also help with stock, equipment and income records so the numbers reflect how an optical business actually trades.
They work with independent opticians, optometrists, dispensing opticians and practice owners, whether self-employed, in a partnership or trading through a limited company. Requirements differ depending on how income is earned, whether optical goods are sold and what staff or premises are involved, so support is usually tailored rather than fixed.
Yes. Self-employed optometrists and locum opticians often need Self Assessment, clear records of professional fees and help tracking travel, equipment and other expenses. If income comes from several practices or a mix of clinical work and product sales, keeping those streams separate makes reporting and planning far more straightforward.
Sales of spectacles, contact lenses and other optical goods are recorded as business income, while the cost of frames, lenses and stock forms part of your expenses. VAT treatment depends on the nature of each supply and your circumstances, so it is worth reviewing rather than assuming the same rule applies to everything you sell.
Often they do, but the position is not identical for every supply. Professional optical services and the goods sold alongside them can be treated differently for VAT, and registration depends on turnover and the nature of what you provide. A review of your specific income streams is the sensible starting point.
Yes. Payroll support covers wages, PAYE and pension contributions for practice staff, as well as payments to locums or contractors where relevant. Getting this right matters because staff costs and contractor arrangements affect your accounts, tax position and deadlines throughout the year.
Switching is usually more straightforward than people expect. We would review your current records, confirm what is outstanding and take over the accounting and tax work from an agreed date. It helps to have your latest accounts, tax returns and bookkeeping up to date before the change.
Get in touch with a short summary of your business — how you trade, how many people are involved and what you need help with. From there, the relevant accounting and tax requirements can be identified and the appropriate support put in place.