Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Meopham
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 rarely have a single, simple income stream. Professional fees, retail sales and practice costs all interact, which can make bookkeeping, tax and VAT more complex than they first appear.
- Mixed Income Streams — Professional sight testing fees, retail sales and other services often sit together, so each income stream needs to be recorded separately and accurately.
- Stock and Inventory — Spectacle frames, lenses, contact lenses and consumables tie up cash, so reliable stock records and valuations matter when accounts are prepared.
- Equipment and Practice Costs — Testing equipment, trial lenses and premises costs can be significant, and the correct treatment of capital and revenue spending affects your tax position.
- Payroll and Staff Costs — Employed optometrists, dispensing opticians, optical assistants and locum arrangements each create different payroll, tax and record-keeping obligations.
- VAT on Mixed Supplies — Professional optical services and supplies of spectacles, contact lenses and other goods can have different VAT treatments, so each supply needs reviewing.
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 Around 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 look after the accounting and tax affairs of optical professionals and practices, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where it applies. The work is tailored to the mix of professional fees and optical goods sales that optical businesses typically generate.
Support is available to independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. Requirements differ depending on how each person or business earns income and is structured, so the work is scoped around your individual circumstances.
Yes. Sole traders and locums often need help with Self Assessment, record keeping and claiming allowable expenses such as equipment, travel and professional costs. Because income can vary and several engagements may apply, clear records throughout the year are far easier to work with than a last-minute scramble.
Yes. Bookkeeping support can cover professional fees, sales of spectacles and contact lenses, stock purchases, equipment and practice costs. Self Assessment then brings that information together for the tax return, with the correct treatment depending on whether you trade as a sole trader, partner or company director.
For limited companies and incorporated practices, support can include preparing annual accounts and dealing with Corporation Tax, including adjustments for stock, equipment and allowable expenses. What applies depends on your structure, income streams and circumstances, so the position is confirmed before work begins.
Often, yes. VAT treatment depends on the nature of each supply, and optical businesses frequently provide both professional services and physical goods such as spectacles and contact lenses, which can be treated differently. Registration thresholds and the correct treatment of each supply should be reviewed against your circumstances.
Yes. Optical practices commonly employ optometrists, dispensing opticians, optical assistants and support staff, and may also use locums. Payroll support covers PAYE, deductions and record keeping, while the tax position of contractors or locums can differ from that of employees.
Yes. Moving accountants is usually straightforward, and help is available with the handover of records and information from your previous adviser. It often makes sense to time the change around your year end, and the practicalities can be discussed before you decide.