Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Banstead

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses, with clear, straightforward advice and transparent fees.

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 Businesses We Support

Optical work covers a wide range of roles and business models, so accounting needs rarely look the same twice. An optometrist conducting eye examinations and a dispensing optician fitting and supplying spectacles can have different income patterns, VAT positions and record-keeping requirements. Independent optical practices often combine professional services with retail sales of frames, lenses and contact lenses, which adds stock, equipment and payroll into the mix. Others work as self-employed locums, sole traders, partnerships or limited companies. Accountants for Opticians in Banstead can adapt support to how you actually earn, whether that is a single site, a mobile service or a growing practice.

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

Support can be shaped around how your optical business operates. That may include bookkeeping for professional fees and retail sales, annual accounts, Self Assessment for sole traders and partners, Corporation Tax for limited companies, payroll for practice staff, management accounts and tax planning. VAT support is available where it applies, since professional services and supplies such as spectacles, contact lenses and other optical goods can be treated differently. There is also help with business structure, stock and equipment records, and keeping financial records in order. Not every optical business needs every service — the right mix depends on your circumstances, so we focus on what is genuinely relevant to 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 often combine clinical professional services with retail sales, stock, equipment and staff costs. That mix can make bookkeeping, VAT and tax reporting more involved than for a business that only sells services.

  • Multiple Income Streams — Eye examinations, contact lens fittings, spectacles, repairs and locum work can all be recorded and taxed differently, so clean records matter.
  • Stock and Frame Inventory — Frames, lenses and contact lenses tie up cash and need consistent valuation, especially where stock is held across suppliers and ranges.
  • Equipment and Practice Costs — Diagnostic instruments, testing room equipment, premises costs and professional fees need to be recorded correctly to support allowable expenses.
  • Staff and Contractor Payments — Practice staff, locum optometrists and self-employed associates can each have different payroll, tax and reporting requirements.
  • VAT on Mixed Supplies — Professional services and optical goods may fall under different VAT treatments, so the position depends on the nature of each supply and your circumstances.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses are not purely service providers. As well as professional fees, many also sell spectacles, contact lenses and other optical goods, hold stock and invest in testing equipment and practice premises. That combination creates accounting questions around how income is recorded, how stock and equipment are treated, how staff and locum costs are handled, and how VAT applies to different supplies. Support that understands these areas can help keep bookkeeping accurate, tax administration on track and financial records clear, so you can see how the practice is performing rather than piecing it together at year end.

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 understand your optical work, work out which accounting and tax requirements apply to you, and then provide support as your needs evolve. It suits self-employed opticians, optometrists, dispensing opticians, partnerships, independent practices and limited companies alike. 1. Tell Us About Your Business — We start by learning about your services, structure, income streams, optical goods or stock, equipment and any existing accounting arrangements. 2. Review Your Accounting Needs — We identify which areas apply to you, such as bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where relevant. 3. Receive Ongoing Support — Support then continues at a level that matches your circumstances, with records kept in order and deadlines managed sensibly.

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 an optical practice needs to reflect how the business earns. That means handling professional income from eye examinations and fittings alongside retail income from spectacles, contact lenses and accessories. It also means keeping stock, equipment and premises costs recorded in a way that supports accurate accounts and makes tax reporting straightforward. Bookkeeping, payroll for practice staff, tax administration and financial record keeping can all be organised around the rhythms of an optical business. Where VAT applies, the treatment of professional services and optical goods can differ, so this is reviewed in light of your specific supplies rather than assumed.

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

Support is available for independent opticians, optometrists, dispensing opticians, self-employed locums, practice owners and other optical businesses. Because roles and business models differ, the accounting approach is tailored to how you earn and how your business is structured.

Yes. Self-employed optometrists, dispensing opticians and locums often need Self Assessment, clear records of professional fees and locum income, and guidance on allowable expenses. Sole traders, partners and limited company directors all have different reporting requirements, so advice depends on your circumstances.

It varies. A practice selling spectacles and contact lenses may need bookkeeping, stock records, payroll, VAT support and annual accounts, while a single self-employed professional may only need Self Assessment. The right services depend on your structure, income and turnover.

Yes. Limited companies need annual accounts and a Corporation Tax return, and the figures must reflect professional income, optical goods sales, stock, equipment and allowable expenses. Deadlines and filing requirements depend on your company's circumstances and accounting period.

They are usually treated as trading stock or goods sold, so purchases, stock levels and sales need consistent recording. Accounting treatment and any VAT position can differ from professional service income, so it is worth reviewing how each supply is classified in your business.

Sometimes. VAT registration depends on turnover and the nature of your supplies. Professional optical services, spectacles, contact lenses and other goods may have different VAT treatments, so the position should be reviewed against your specific circumstances rather than assumed.

Switching is usually straightforward. We can review your current position, identify what records are needed and coordinate the handover so your bookkeeping and filing obligations continue without unnecessary disruption. The process depends on your existing arrangements and how up to date your records are.

Get in touch and tell us about your optical business, how it is structured and what support you are looking for. We can then outline the relevant accounting services and clear fees, with no hidden extras.

Speak to an Expert

Need Accountants for Opticians in Banstead Who Understand Your Business?

Whether you are juggling stock records, locum income or VAT on mixed optical supplies, CruseBurke can help. From bookkeeping and Self Assessment to annual accounts, Corporation Tax and payroll, we keep your affairs organised and clearly explained. Clear fees, practical advice and support built around your practice.