Specialist Accountants for Opticians & Optometrists
4.9/5.0
Google Reviews
See what doctors, dentists, and care providers say about working with us.
GOS income reconciliation, VAT apportionment between exempt sight tests and taxable dispensing, stock control and owner profit extraction.
Self-assessment, IR35 status on agency work, GOC and professional fees, mileage between practices and equipment claims.
Management accounts per branch, partial exemption calculations, payroll for optical assistants and funding for new sites.
Ophthalmology and refractive surgery providers: company accounts, VAT on cosmetic versus medical treatment and capital allowances on equipment.
Incorporation reviews, capital allowances on OCT scanners and consulting room fit-out, and profit extraction planning for practice owners.
Payroll for optometrists, dispensing opticians and optical assistants, plus auto-enrolment, statutory pay and locum payments.
Cloud bookkeeping that reconciles GOS payments, private fees and retail till takings so your figures are accurate all year.
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.
Reports showing tests per day, dispensing conversion, margin per branch and profit trends, so decisions are based on real numbers.
Optical practices sit between a professional service and a retail business, which can make bookkeeping complicated. Professional income, product sales, stock, equipment and staff costs interact, and each needs clear, accurate records.
GOS income, voucher values, partial exemption and dispensing margin — no explaining required.
Independents, multiples and locum optometrists each get a different service, not a template.
We use a defensible apportionment method and keep the workings ready in case HMRC asks.
One agreed monthly fee with no hourly billing and no surprises at year end.
Management accounts that show where the profit actually comes from, test by test and branch by branch.
You deal with the same qualified person every time, by phone or email, not a call centre.
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.
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.
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.
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
A dedicated accountant for opticians who understands GOS income, stock and dispensing margin.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team has over 100 years of combined accountancy experience.
Never Miss any deadline with our automated email reminders.
We’re an ICAEW, ACCA & AAT accredited Firm.
Take a back seat and let our expert accountants handle everything. Here’s how easy it is to get started with us:
Reach out to us, and we’ll discuss your needs and how we can help your healthcare practice thrive.
We’ll send over a simple letter to formalise our partnership and get everything in motion.
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
Accountants for Opticians look after the financial and tax administration of optical professionals and practices. That can include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where applicable, along with practical advice on stock, equipment, premises costs and how different income streams should be recorded.
We support independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners and limited companies running optical businesses in Shirley. The support provided depends on how you are structured, how you earn income, and whether you also supply spectacles, contact lenses and other optical goods.
Yes. Self-employed optometrists and locum opticians typically need Self Assessment, tidy bookkeeping and clear records of professional fees, travel and equipment costs. Dispensing opticians working independently may also need to record product sales separately. The exact requirements depend on your circumstances and how your income is earned.
It varies. Some practices need bookkeeping, payroll and VAT support, while others mainly need annual accounts and Corporation Tax. Many also benefit from management accounts, tax planning and help recording stock, equipment and premises costs. Not every optical business requires every service, so the scope is agreed around your circumstances.
Yes. If you run your optical practice through a limited company, annual accounts and Corporation Tax returns are usually required. We can prepare these, keep supporting records in order and explain what reliefs or deductions may be available, though the treatment always depends on your individual circumstances.
Spectacles, contact lenses and other optical goods are usually recorded as trading income or stock rather than professional fees, so keeping them separate helps your records and reporting. How they are treated for tax and VAT depends on the nature of the supply and how your business operates.
Some do, and the position is not always simple. Optical businesses may provide professional services as well as supplying spectacles, contact lenses and other goods, and these supplies can have different VAT treatments. Whether you need to register, and how each supply is treated, depends on the nature of the supply and your circumstances.
Yes. Switching accountants is usually straightforward, and we can talk through how records and information are handed over. We will look at your current accounting arrangements and explain what would be needed, with clear fees and no hidden extras.
