Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Somerville

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses, with clear, transparent advice tailored to how you actually work.

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 work with a broad range of optical professionals and businesses — independent opticians running their own practices, optometrists providing clinical services, dispensing opticians advising on and supplying spectacles and contact lenses, and self-employed practitioners working across one or more settings. Accounting needs differ depending on how someone operates, earns income and is structured. A sole trader dispensing optician may need straightforward Self Assessment support, while a partnership or limited company optical practice typically requires annual accounts, payroll and Corporation Tax administration alongside bookkeeping for goods and stock. The right approach depends on the individual’s or business’s circumstances.

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

Accounting support for optical practices is shaped around the way each business earns its income. For a self-employed optometrist or locum, that might mean Self Assessment and straightforward bookkeeping; for a limited company practice, annual accounts, Corporation Tax and payroll often sit alongside management accounts and tax planning. Where you hold stock — frames, lenses, contact lenses and accessories — accurate record keeping helps you understand margins and cash flow, while equipment purchases, premises costs and staff wages all need to be recorded correctly. VAT support may also be relevant, because professional services and optical goods can be treated differently. The services that suit your practice depend on its structure and circumstances.

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 fit a simple accounting mould. Income may come from clinical services, retail sales or both, stock moves constantly, and equipment and premises costs add up — so keeping records accurate and tax treatment correct takes careful attention.

  • Mixed income streams: clinical fees and retail sales of spectacles and lenses need separate tracking for accurate reporting.
  • Stock and inventory: frames, lenses and contact lenses tie up cash, so consistent records help value stock and highlight slow-moving lines.
  • Equipment and professional costs: optical equipment and indemnity cover may be allowable, but treatment depends on individual circumstances and use.
  • VAT on different supplies: professional services and optical goods such as spectacles can be treated differently, so each supply needs review.
  • Payroll and practice costs: staff wages, locum payments and premises costs need accurate recording, with correct payroll and contractor treatment applied.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses combine clinical practice with retail, which means the numbers rarely behave like a purely professional service firm. Income may arrive as examination fees, contact lens plans or sales of frames and lenses, while stock, equipment, premises and staff all need tracking. A specialist understanding of that mix helps ensure records are accurate, expenses are claimed appropriately and tax deadlines are met without last-minute scrambling. It also makes it easier to see which parts of the practice are profitable and where cash flow could be tightened — practical insight for self-employed opticians, optometrists, dispensing opticians and practice owners alike.

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

Getting the right accounting support should feel straightforward. The process is designed to understand how your optical professional or practice operates, identify the accounting and tax requirements that apply, and then provide ongoing support that fits the way you work. Step 1 – Tell Us About Your Business: We start by understanding your services, structure, income streams, optical goods or stock, and the accounting requirements that matter most to you. Step 2 – Review Your Accounting Needs: We identify which requirements apply, whether that means bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll or VAT support where relevant. Step 3 – Receive Ongoing Support: Support then continues according to your needs, keeping records, filings and tax administration on track as your optical professional or practice evolves.

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 reflects the reality of the business. That means handling professional income from examinations and clinical work alongside sales of spectacles, contact lenses and other optical goods, and keeping stock, equipment and premises costs recorded properly. Bookkeeping, payroll administration and tax filings can be managed consistently, with financial records kept in a way that supports decisions rather than just compliance. VAT considerations are reviewed where they apply, recognising that different supplies may be treated differently. The aim is straightforward, practical support tailored to how your optical professional or practice actually operates.

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 day-to-day financial administration of an optical professional or practice — bookkeeping, annual accounts, Self Assessment, Corporation Tax and payroll — while making sure income from clinical services and optical goods is recorded accurately. The exact support depends on how your business is structured and what it needs.

Support is available for independent opticians, optometrists, dispensing opticians, self-employed practitioners, locum optometrists, practice owners and limited company optical businesses. Accounting requirements can differ considerably between sole traders, partnerships and companies, so the approach is tailored to your structure, income and circumstances.

Yes. Self-employed practitioners often need straightforward bookkeeping and Self Assessment support, particularly where income comes from several practices or includes both clinical fees and product sales. Records should reflect all income streams, and allowable expenses depend on individual circumstances, so it is worth reviewing your position carefully.

Many practices need bookkeeping, payroll, annual accounts and Corporation Tax support, plus management accounts and tax planning where they help. VAT support may be relevant depending on turnover and the supplies made. Not every optical business needs every service, so the right combination depends on your circumstances.

Frames, lenses, contact lenses and accessories should be tracked so stock values and margins are accurate, with purchases and sales recorded consistently. Equipment, premises costs and professional expenses need clear records too. Whether a particular cost is allowable depends on its purpose and how it is used in the business.

Possibly. Optical businesses may provide professional services as well as supplying spectacles, contact lenses and other optical goods, and these supplies can have different VAT treatments depending on their nature and the circumstances of the business. Registration depends on taxable turnover, so specialist advice is worth taking before assuming a position.

Yes. Changing accountants is usually straightforward — we can review your existing records and identify what needs to be brought up to date, including any outstanding filings. The aim is a smooth transition with clear communication, so your accounting and tax administration continue without unnecessary disruption.

Get in touch with a short summary of your optical business, how it is structured and what you need help with. We can then discuss which services are relevant and how support would work in practice, with clear fees and no hidden extras.

Speak to an Expert

Need Accountants for Opticians in Somerville Who Understand Your Business?

If stock levels, mixed income streams or approaching Self Assessment and Corporation Tax deadlines are taking up too much time, CruseBurke can help. From bookkeeping and payroll to annual accounts and VAT support where relevant, we keep your figures clear and your filings on track, so you can focus on patients and your practice.