Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Weobley
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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, and that is where the accounting can become more involved. Professional work, retail sales and stock all behave differently, and each brings its own record-keeping and tax questions.
- Separating income streams — Fees from eye examinations and sales of spectacles or contact lenses need clear separation so each income stream can be monitored properly.
- VAT on mixed supplies — Professional services and optical goods can carry different VAT treatments, so the nature of each supply matters rather than a single blanket rule.
- Stock and frame inventory — Spectacles, lenses and contact lenses tie up money in stock, and slow-moving frames can quietly affect cash flow and year-end figures.
- Equipment and practice costs — Specialist optical equipment, testing room fittings and practice premises can be treated differently for tax, depending on how they are bought or leased.
- Payroll, structure and tax returns — Staff costs, locum payments and the choice between sole trader, partnership and limited company all affect payroll, Self Assessment and Corporation Tax obligations.
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 businesses, covering areas such as bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where relevant. The work is shaped around optical income, including professional fees and the supply of spectacles, contact lenses and other optical goods.
Independent opticians, optometrists, dispensing opticians, self-employed practitioners, locum optometrists, practice owners, partnerships and limited companies. Because roles and business models differ, the accounting requirements of each are reviewed individually rather than assuming every optical professional needs the same level of support.
CruseBurke can support self-employed optometrists and locum opticians with Self Assessment, record keeping and understanding which expenses can be claimed against professional income. Where someone also supplies optical goods, that side of the business may need separate records and, depending on the circumstances, separate VAT consideration.
It depends on the practice. Common areas include bookkeeping, annual accounts, Corporation Tax, payroll for staff and VAT support where applicable. Practices holding stock, buying specialist equipment or operating from premises often benefit from management accounts and clear records that separate professional income from sales of optical goods.
For accounting purposes, spectacles, lenses and contact lenses are usually treated as trading stock, so purchases, sales and remaining inventory need to be recorded accurately. VAT treatment is a separate question and depends on the nature of the supply and the circumstances of the business, so it should be reviewed rather than assumed.
Possibly. Optical businesses can supply both professional services and goods such as spectacles and contact lenses, and these supplies may not be treated in the same way for VAT. Whether registration is required and how each supply is treated depends on the individual circumstances of the business.
Switching accountants is usually straightforward. Your existing records, accounts and tax information can be transferred, and the position reviewed so that the support moving forward suits how your optical business actually operates. Timings around year-end or filing deadlines are worth planning in advance.
Get in touch and tell us about your optical business, how it is structured and what support you currently have in place. From there, the relevant accounting and tax requirements can be identified and clear, transparent fees discussed before any work begins.