Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Awbridge
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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. Professional eye care, ongoing contact lens arrangements and retail sales of spectacles and lenses can sit side by side, and each one affects how your accounts, tax and records need to be handled.
- Mixed income streams: Professional examination fees, contact lens plans and retail spectacle sales each carry different accounting and tax implications.
- Stock and inventory: Frames, lenses and contact lenses tie up cash and need consistent recording to keep margins and year-end stock figures reliable.
- Equipment and practice costs: Test equipment, diagnostic instruments, premises costs, insurance and professional development all need the correct treatment in your accounts.
- Payroll and staff: Employed optometrists, dispensing opticians and support staff bring payroll, pension and contractor considerations that vary with each contract.
- VAT on different supplies: Professional optical services and the supply of optical goods can be treated differently for VAT, so records should distinguish each type of supply.
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 for 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 handle the accounting and tax work that comes with optical income, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where applicable. Because optical businesses often mix professional services with the sale of spectacles, contact lenses and other goods, records need to separate those income streams properly.
Support is available for independent opticians, optometrists, dispensing opticians, self-employed optical professionals, optical practice owners, partnerships and limited companies. The relevant services depend on how you trade, how you earn income and how the business is structured, so the starting point is always your own circumstances rather than a fixed package.
Yes. Self-employed locums, optometrists and dispensing opticians often need help with Self Assessment, allowable expenses, record keeping and, where relevant, VAT registration. What you can claim depends on your individual circumstances and how you work, so we look at the detail rather than applying a blanket approach.
Yes. Bookkeeping sits at the centre of most optical businesses, particularly where professional fees, contact lens plans and spectacle sales are all being tracked. Accurate records then feed into Self Assessment or company accounts, making the year-end process smoother and giving you a clearer view of how the practice is performing.
Yes. Limited company optical practices typically need annual accounts and a Corporation Tax return, alongside payroll and, where relevant, VAT returns. We can prepare these from your records and explain the figures in plain English, so you understand your position rather than simply receiving a set of documents.
Many do, but the treatment is not uniform. Professional optical services and the supply of optical goods such as spectacles and contact lenses can be treated differently for VAT, and the position depends on the nature of each supply and your business circumstances. Keeping supplies clearly recorded helps ensure the right treatment is applied.
Frames, lenses, contact lenses and other stock should be recorded consistently, with purchases, sales and closing stock figures reconciled at the year end. Equipment, premises costs and professional expenses also need correct treatment. Good habits here support more accurate accounts and fewer queries further down the line.
Yes, switching is usually straightforward. We would review your current position, identify the accounting and tax requirements that apply to your optical business, and agree how the ongoing support should work. Clear fees and transparent packages mean you know what is included before anything begins.