Accounting Services for Optometrists

Accountants for Optometrists in London

Managing patient eye health is already a full-time job. Managing your optical practice finances on top of that? That definitely is a recipe for burnout. And that is exactly why you need expert accountants for optometrists in London who truly understand your specific profession.

At CruseBurke, our optometrist accountants help optometrists stay compliant and make better financial decisions!

4.9/5.0

Google Reviews

⭐ What Clients Say About Us

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

      EXCELLENT  
   Based on 305 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Victor Adade - GeoNet Telecom 
 
 
 
 Trustindex verifies that the original source of the review is Google. Good work!
  
 
      Posted on Google  
   
   MAHSA T 
 
 
 
 Trustindex verifies that the original source of the review is Google. I’m very happy with the support I’ve received from Umer & Raza. RAZA always replies to my emails promptly and is very helpful. I’ve also had a few meetings with UMER, who patiently explained everything and gave me helpful advice. I’m very pleased with the team and grateful for their support.
  
 
      Posted on Google  
   
   Michaela Jesson 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service from start to finish. Professional, knowledgeable, and always helpful. They made the whole process straightforward and stress-free, and I really appreciate their support. Highly recommended!
  
 
      Posted on Google  
   
   Ayotunde Rufai 
 
 
 
 Trustindex verifies that the original source of the review is Google. Best accountants we've ever had. Umer is ace, and makes everything easy and transparent.
  
 
      Posted on Google  
   
   Sofia 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had a really positive experience with Muhammad. He was incredibly quick to action everything and made the whole process straightforward and stress-free. He took care of everything promptly and kept me informed throughout, which was greatly appreciated.

Muhammad was professional, responsive and genuinely helpful from start to finish. It was clear that he cared about providing a great service and making sure everything was handled properly. I would definitely recommend him to anyone looking for someone reliable, efficient and professional.
  
 
      Posted on Google  
   
   Zest For Life 
 
 
 
 Trustindex verifies that the original source of the review is Google. I worked with Accotx on a HMRC reclaim and overall, they did ultimately deliver on their promise, which I appreciate. The process did take longer than any of us expected, partly due to external delays with the tax authorities, and partly because there were some hiccups in communication and follow-up. However, despite those challenges, they stayed professional and stuck to the original agreed terms. If you’re considering using them, be prepared to stay in regular contact to keep things moving along. They are absolutely capable, have the expertise and willing to work with you, and overall  improving their services over time. I would certainly return for any future needs.
  
 
      Posted on Google  
   
   Pete Wrist 
 
 
 
 Trustindex verifies that the original source of the review is Google. Sterling work. Many thanks to Muhammad and the team for all their help and expertise
  
 
      Posted on Google  
   
   Hansen Personal Training 
 
 
 
 Trustindex verifies that the original source of the review is Google. We have been a client for years - very quick responsive and personalised service
  
 
      Posted on Google  
   
   Jamie Fletcher 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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.
  
 
      Posted on Google  
   
   Mansur Liman 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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
  
 
  
  
 
     Verified by Trustindex  Trustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

Who We Work with

At CruseBurke, our expert accountants for optometrists in London work with a wide range of eye care professionals, including:

Independent Opticians

Our optometrist accountants handle your daily accounts and keep your finances organised and compliant.

Locum Optometrists

As locum optometrist accountants, we also work with self-employed professionals who are working across different practices.

Ophthalmic Contractors

We track every single payment for you. This keeps your business cash flow steady.

Multi-Practice Owners

If you are running several clinics across the city, managing multiple clinics requires clear financial reporting. We pull all your branch books together. This allows you to manage your business effectively.

What Accounting Services Do Our Accountants for Optometrists in Provide?

Our accountants for eye care professionals offer a complete range of services designed specifically for eye care businesses.

Self-Assessment Tax Returns

We prepare and submit returns for company directors, locum optometrists and sole traders.

VAT Returns and Planning

Optical practices often deal with mixed VAT supplies involving exempt eye examinations and taxable sales of spectacles, contact lenses, and accessories. We help you apply the correct VAT treatment and maximise legitimate input VAT recovery.

Bookkeeping

We keep your day-to-day finances organised so you always know where your business stands.

Year-End Accounts

We also prepare clear year-end reports that help you understand your practice’s performance.

Payroll and Workplace Pensions

We manage your entire team’s monthly salaries and bonuses. Our optometrist accountants also manage auto-enrolment pension contributions.

Key Accounting Challenges Faced by Optometrists

Optometrists face unique accounting challenges. This is because of the dual nature of their businesses. They must manage both medical services and physical retail goods like frames, lenses, and contact lenses. Also, a significant proportion of income may come from NHS contracts, private patients, and third-party providers. This, of course, creates a significant administrative accounting burden on optometrists.

But do not worry. Our specialist accountants for optometrists in London help you manage all these challenges effectively:

Managing locum and part-time staff payroll

Tracking profitability across multiple branches

Managing NHS GOS claims and payment reconciliation

Split VAT treatment between dispensing and services

Balancing salary and dividend payments for clinic directors

Preparing for Making Tax Digital compliance

Understanding IR35 where it applies to locum contracts operating through limited companies.

Why Choose CruseBurke as Accountants for Optometrists?

When you choose CruseBurke as your accountants for optometrists in London, you get a team that already understands your business in and out.

Optical Sector Experts

Deep understanding of your business model.

Tax-Efficient Planning

Our expert accountants for optometrists identify every allowable optical expense to keep your hard-earned money in your pocket.

End-to-End Care

rom bookkeeping and payroll, we handle your financial management from start to finish.

Trusted Reputation

We’ve earned a reputation as trusted accountants for optometrists in London.

Fair, Fixed Fees

Clear, upfront pricing. So, you get full expert service without any hidden costs.

Time-Saving Efficiency

We handle the heavy financial lifting so you can focus entirely on your clinical work and patients.

Our Simple 3-Step Process for Support Your Optometry Practice Accounts

As expert optometry accountants, we know that managing the financial side of your practice isn’t why you got into the optical profession. That’s why we’ve kept our process simple and flexible. The idea is to make things clear from the start and then stay by your side with ongoing support.
Our 3-step process is designed to free up your valuable time. Thus, allowing you to focus completely on what you do best: providing exceptional patient care and protecting your community’s vision.

1. Initial Consultation (It’s Free):

We begin by getting to know your clinic 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.

Why CruseBurke as Your Optometry Accountants?

Is managing your finances stressing you out? Let our expert accountants for optometrists help you build smart, long-term strategies. We’ll provide an annual financial review that keeps your finances in check and your optical practice on track.

Technology Driven

We use Xero, Quickbooks, Sage & many other online software.

Personalised Service

Our team offers dedicated accounting services tailored to your specific healthcare business. This ensures financial stability and growth for you.

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 have over 100 years of combined experienced.

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 for optometrists 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 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 clinic running smoothly.

FAQs about Accountants for Optometrists

Do I need specialist accountants for my optometry practice?

Yes. This is because general accountants can manage basic compliance, but specialist accountants for optometrists in London understand the day-to-day financial challenges of optical practices. Therefore, if you hire specialist optometrist accountants, this means you receive more practical advice and support that is relevant to your business.

How do you handle VAT for optical practices that sell both eye tests and glasses?

Routine eye examinations provided for the protection, maintenance, or restoration of health are generally VAT exempt, while spectacles, contact lenses, and many optical products are standard-rated. We help ensure the correct VAT treatment is applied to your supplies. As experienced accountants for optometrists in London, we use approved apportionment methods to split these costs accurately.

What expenses can I legally claim back as a self-employed optometrist?

You can claim a wide range of professional expenses against your income tax. This includes your annual General Optical Council fees, professional indemnity insurance premiums, specialist clothing, and continuing professional development courses. You can also claim back relevant business travel. As specialist accountants for eye care professionals, we help you legally claim all these expenses.

Can you handle the payroll and workplace pensions for my practice staff?

Absolutely. We manage the complete payroll cycle for your entire team. Our service includes calculating tax and National Insurance, managing workplace pension contributions, and processing student loan repayments. This keeps your business fully compliant with employment regulations. You also get to save hours of administrative work.

Do you work with practices that have more than one location?

Yes. Our accountants for optometrists in London work with both single and multi-location practices. We provide the same reliable support across your business. This helps you stay organised and compliant as your practice grows.

How do I get started with CruseBurke service?

To get started with CruseBurke, you can call us directly at 020 8686 8876 or send your inquiry to [email protected]. We will review your situation and handle the rest. It’s that easy!