Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Sidmouth

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses in Sidmouth, with clear fees and straightforward guidance you can rely on.

4.9/5.0

Google Reviews

⭐ What Clients Say About Us

See what doctors, dentists, and care providers say about working with us.

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Jamie Fletcher profile picture
Jamie Fletcher
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It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about. I'd highly recommend them.
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Mansur Liman profile picture
Mansur Liman
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Accotax have been our accountants for many years now. We maintained them, because of their professionalism. In the last coiple of years, i have working with Imran, who has been very professional and helpful in guiding us through the whole process explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow. I really enjoy working with him. Thank you
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Muna Mohamoud profile picture
Muna Mohamoud
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I highly recommend Imran to anyone looking for a reliable and knowledgeable accountant. He helped me sort out a very complicated backlog of accounts and prepared my overdue tax returns with professionalism and attention to detail. Throughout the process, he was incredibly patient, took the time to answer all of my questions, and explained everything clearly. He guided me through each step and helped rectify issues that had built up over time, making what felt like an overwhelming situation much more manageable. I'm very pleased with the service I've received and truly appreciate his support. If you need help with your accounts or taxes, I would highly recommend Imran.
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Sergey M profile picture
Sergey M
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I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.
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Ebba Qureshi profile picture
Ebba Qureshi
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Fabulous team at ACCOTAX - very efficient and good response time . Honest and professional with their work. I would highly recommend them even if you’re a young start up - or a large business they have it covered .
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Mael Leboucher profile picture
Mael Leboucher
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We worked with a few different accountants before finally settling with Accotax, and we’re really glad we did. Their team is great. Abdul is responsive and easy to reach whenever I have a question, which makes a big difference. They take the time to understand how our business works and what our needs are. They are very knowledgeable, and when they don’t have the answer straight away, they take the time to look into it and get back to us quickly. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing. She is professional, efficient, and follows the processes we have put in place together. She's also very quickin getting back to us whenever needed. We’re very happy to work with her and hope to continue doing so for as long as possible. Overall, Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.
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3rd Hub profile picture
3rd Hub
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Imran provides a very dependable and straightforward accounting service. He is always responsive and professional when managing our accounts. Excellent support.
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Martin Tyrrell profile picture
Martin Tyrrell
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I have really impressed to date with all dealings with Accotax highly enough. From day one, they've made what can often be a complicated and stressful part of running a business feel straightforward and hassle-free. A special mention has to go to Anum, who has been friendly, incredibly responsive, and genuinely cares about providing the best possible service. No question is ever too much trouble, and she consistently goes above and beyond to make sure everything is dealt with efficiently. I wouldn't hesitate to recommend you to anyone looking for an accountant they can genuinely trust.
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Matthew Lyon profile picture
Matthew Lyon
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Great speedy service and very personable. Anum dealt with my income certificate and did everything quickly and helped me out massively. Very happy with the service provided.
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Optical Professionals and Practices We Support

Accountants for Opticians can support independent opticians, optometrists, dispensing opticians and self-employed optical professionals, as well as practice owners and other optical businesses. The accounting requirements differ depending on how each professional works and how the business is structured. A self-employed optometrist providing locum sessions has different needs from a dispensing optician running a limited company with staff, stock and premises. Sole traders, partnerships and limited companies all face different reporting and tax obligations, and the way income is earned — through professional services, optical goods or a mix of both — shapes what needs to be recorded and reported.

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 practices need accounting support that reflects how they actually earn money. That can include Self Assessment for sole traders and partners, annual accounts and Corporation Tax for limited companies, bookkeeping, payroll for practice staff and management accounts for owners tracking performance. Because many practices combine professional eye care with the supply of spectacles, contact lenses and other optical goods, keeping income streams, stock and equipment costs properly recorded is important. Tax planning and VAT support may also be relevant, depending on the nature of each supply and your circumstances. Not every optical business needs every service, so the focus is on what is appropriate for you.

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 services with retail, which can make the numbers more involved than they first appear. Stock, equipment, multiple income streams and differing tax rules all need to be tracked carefully throughout the year.

  • Mixed income streams: Professional eye care fees, spectacles, contact lenses and other optical goods each need recording separately so profitability can be reviewed accurately.
  • Stock and inventory: Frames, lenses and contact lenses tie up capital, so reliable stock records and valuations matter for margins and year-end accounts.
  • VAT on mixed supplies: Professional optical services and the supply of optical goods can be treated differently, so VAT depends on the nature of each supply.
  • Equipment and practice costs: Testing equipment, fitting tools, premises costs and staff wages need tracking and correct treatment for tax and record keeping.
  • Structure and tax obligations: Whether you trade as a sole trader, partnership or limited company affects Self Assessment, Corporation Tax and payroll responsibilities.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses rarely fit a single mould. A practice may earn professional fees for eye examinations while also selling spectacles, contact lenses and other optical goods, each with its own bookkeeping, stock and tax considerations. Equipment, premises costs, staff wages and contractor payments add layers that a business providing only professional services would not usually face. Accounting support that understands these areas can help keep records accurate, manage cash flow and deal with Self Assessment, Corporation Tax, payroll and VAT where it applies, so owners spend less time on administration and more time on patients.

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

Our process is designed to keep things straightforward for optical professionals and practices. It starts with understanding how you work, what you supply and how your business is structured, then moves on to the accounting and tax support that fits your circumstances. 1. Tell Us About Your Business — We look at your services, structure, income streams, optical goods, stock and equipment, along with any accounting concerns. 2. Review Your Accounting Needs — We identify the relevant requirements, which may include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll or VAT support where applicable. 3. Receive Ongoing Support — Support continues in line with your needs, whether you are a sole trader, partner, company director or practice owner.

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

Accounting support for optical practices works best when it is built around the way the practice operates. That means understanding professional income from eye care services alongside revenue from spectacles, contact lenses and other goods, and keeping stock, equipment and premises costs properly recorded. Bookkeeping, payroll for practice staff, tax administration and financial records all need to reflect the realities of an optical business, including any VAT considerations that arise from different types of supply. Whether you are a sole trader, a partnership or a limited company, the aim is accurate records, clear reporting and support that adapts as your practice changes.

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 day-to-day financial side of an optical business, from bookkeeping and payroll to annual accounts, Self Assessment, Corporation Tax and VAT support where it applies. They also help with stock records, expenses and business structure, so the figures reflect how your practice actually trades.

Support is available for independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners and limited companies. Because each works differently, accounting and tax requirements are reviewed individually rather than applying one fixed approach to everyone.

Yes. Self-employed optometrists, locums and dispensing opticians often need help with Self Assessment, record keeping and expense claims, particularly where income comes from several sources. What can be claimed depends on your circumstances and how you work, so it is worth reviewing your position before filing.

It varies. Many practices need bookkeeping, payroll, annual accounts and tax returns, while others also require management accounts, tax planning or VAT support. The right mix depends on your structure, your income streams and whether you supply optical goods alongside professional services.

Yes. Bookkeeping keeps your income, stock, equipment and practice costs organised through the year, which makes Self Assessment far less stressful. Whether you file as a sole trader, a partner or a company director, the records need to match how your optical business earns its income.

Possibly. VAT treatment depends on the nature of each supply, and optical businesses often have a mix of professional services and goods such as spectacles, contact lenses and accessories. Different supplies can be treated differently, so it is important to review your specific circumstances rather than assume a blanket rule.

Yes. Payroll support covers employees such as dispensing opticians, optical assistants and reception staff, including PAYE, National Insurance and pension duties. Payments to locums and other contractors can raise different questions, so it helps to have those arrangements reviewed alongside your payroll.

Switching accountants is usually straightforward, and we can work with your existing records to make the transition as smooth as possible. It helps to time the move around your year end where practical, and we will confirm exactly what information is needed.

Speak to an Expert

Need Accountants for Opticians in Sidmouth Who Understand Your Business?

Running an optical practice means juggling patient appointments, stock and staff while tax deadlines keep moving. CruseBurke provides bookkeeping, Self Assessment, annual accounts and Corporation Tax support shaped around how opticians and optical businesses actually operate. Clear fees, no hidden extras, and a team that speaks your language from the very first conversation.