Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Halesowen
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Optical Professionals and Businesses 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 professional clinical income with retail sales, which makes record keeping and tax reporting more layered than a purely service-based practice. A few common challenges come up repeatedly.
- Mixed income streams: examination fees, professional services and product sales can each carry different accounting and reporting implications.
- Stock control: frames, lenses and contact lenses need accurate records so cost of sales and stock values stay reliable.
- Equipment and practice costs: optical equipment, testing room kit, premises, insurance and utilities all need correct tax and accounting treatment.
- VAT on mixed supplies: professional services and optical goods may be treated differently, so treatment depends on each supply.
- Payroll and locums: paying practice staff, locum optometrists and contractors correctly involves tax, National Insurance and clear record keeping.
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 handle the accounting and tax work behind an optical business, including bookkeeping, annual accounts, Self Assessment, Corporation Tax returns and payroll. They also help with stock records, practice expenses, tax planning and VAT considerations where relevant, so the numbers reflect both professional income and sales of optical goods.
Support is available to independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. Accounting needs vary depending on how you trade, so the right approach is usually decided after looking at your structure, income streams and the optical goods or services you provide.
Yes. Self-employed optometrists and dispensing opticians often need help with Self Assessment, record keeping and understanding which expenses can be claimed against professional income. The position depends on individual circumstances, including whether you also sell spectacles, contact lenses or other optical goods alongside your professional services.
Yes. Bookkeeping keeps professional fees, product sales and practice costs organised through the year, which makes Self Assessment and annual accounts far less stressful. Limited companies need annual accounts and Corporation Tax returns, while sole traders and partners usually file Self Assessment. The exact requirements depend on how your business is structured.
Frames, lenses, contact lenses and consumables are usually tracked as stock, with purchases and cost of sales recorded consistently so margins stay visible. Equipment, testing room items, premises costs, insurance and staff costs should be recorded as business expenses where they qualify. Keeping receipts and clear categories from the start makes everything easier at year end.
Possibly. VAT depends on turnover and the nature of your supplies. Professional optical services and sales of spectacles, contact lenses and other optical goods can have different VAT treatments, and mixed supplies can be more complex. It is worth reviewing your particular circumstances rather than assuming a single rule applies.
Yes, switching is usually straightforward and can often be arranged around your accounting year end. It helps to have details of your current accountant, recent accounts and tax returns, plus any VAT or payroll records. We can then confirm what information is needed and how the handover will work.
Get in touch with CruseBurke and tell us about your practice or professional work, including how you are structured, what you sell and any accounting concerns. From there, the appropriate services can be identified and clear fees confirmed before anything moves forward.