Specialist Accountants for Opticians & Optometrists
4.9/5.0
Google Reviews
See what doctors, dentists, and care providers say about working with us.
GOS income reconciliation, VAT apportionment between exempt sight tests and taxable dispensing, stock control and owner profit extraction.
Self-assessment, IR35 status on agency work, GOC and professional fees, mileage between practices and equipment claims.
Management accounts per branch, partial exemption calculations, payroll for optical assistants and funding for new sites.
Ophthalmology and refractive surgery providers: company accounts, VAT on cosmetic versus medical treatment and capital allowances on equipment.
Incorporation reviews, capital allowances on OCT scanners and consulting room fit-out, and profit extraction planning for practice owners.
Payroll for optometrists, dispensing opticians and optical assistants, plus auto-enrolment, statutory pay and locum payments.
Cloud bookkeeping that reconciles GOS payments, private fees and retail till takings so your figures are accurate all year.
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.
Reports showing tests per day, dispensing conversion, margin per branch and profit trends, so decisions are based on real numbers.
Optical businesses often combine professional care with retail sales, so accounting can become more complex than in many service-only businesses. The following areas commonly need careful attention, especially when different income streams, stock and VAT rules are involved.
GOS income, voucher values, partial exemption and dispensing margin — no explaining required.
Independents, multiples and locum optometrists each get a different service, not a template.
We use a defensible apportionment method and keep the workings ready in case HMRC asks.
One agreed monthly fee with no hourly billing and no surprises at year end.
Management accounts that show where the profit actually comes from, test by test and branch by branch.
You deal with the same qualified person every time, by phone or email, not a call centre.
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.
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.
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.
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
A dedicated accountant for opticians who understands GOS income, stock and dispensing margin.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team has over 100 years of combined accountancy experience.
Never Miss any deadline with our automated email reminders.
We’re an ICAEW, ACCA & AAT accredited Firm.
Take a back seat and let our expert accountants handle everything. Here’s how easy it is to get started with us:
Reach out to us, and we’ll discuss your needs and how we can help your healthcare practice thrive.
We’ll send over a simple letter to formalise our partnership and get everything in motion.
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
Accountants for Opticians provide accounting and tax support for optical professionals and businesses. This can include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll, management accounts and VAT support where applicable. They help record professional income, optical goods, stock, equipment, premises costs and staff payments, depending on individual circumstances and business structure.
Accountants for Opticians can support independent opticians, optometrists, dispensing opticians, self-employed optical professionals, optical practice owners and other optical businesses. The right support depends on how the individual or business operates, earns income and is structured, whether as a sole trader, partnership or limited company, and on the specific accounting needs involved.
Yes. Self-employed opticians and optometrists often need help with Self Assessment, income and expense records, professional fees and tax administration. Some may also need VAT advice depending on their supplies. The exact requirements depend on individual circumstances, including how they work, what they supply and whether their turnover requires VAT registration.
Optical practices may need bookkeeping, annual accounts, Corporation Tax, payroll, management accounts and VAT support where applicable. Because practices often combine professional services with sales of spectacles, contact lenses and other goods, records should clearly reflect different income streams, stock, equipment and premises costs. The appropriate services depend on the practice structure and circumstances.
Optical stock, including spectacles, contact lenses and accessories, should be recorded accurately to support margins, purchasing and year-end figures. Business expenses such as equipment, testing room costs, premises overheads and staff payments should be categorised correctly. Good records help with tax reporting and management decisions, but the exact treatment depends on the nature of each cost and the business.
Some optical businesses need to consider VAT, but the treatment is not identical for every supply. Professional optical services and optical goods such as spectacles or contact lenses can have different VAT considerations depending on the nature of the supply and the circumstances. Registration and reporting obligations depend on turnover and the specific supplies made, so advice should be tailored.
Payroll support can help optical practices manage wages, tax, National Insurance and pension duties for staff, including optical assistants, dispensing opticians and other team members. Where associates or contractors are paid, records should be clear and accurately categorised. The right approach depends on the practice structure and the people it engages.
Switching accountants can usually be managed smoothly, with support to gather information and keep records organised during the transition. The exact steps depend on your current setup and accounting needs. If you are an optician, optometrist, dispensing optician or optical practice in Beaconsfield, CruseBurke can discuss the appropriate support for your circumstances.
