Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Bridport
4.9/5.0
Google Reviews
⭐ What Clients Say About Us
See what doctors, dentists, and care providers say about working with us.
Opticians and Optometrists 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 fit a simple accounting template. Professional services, optical goods, stock, equipment and varied staffing arrangements all interact, so keeping records accurate and tax treatment correct can quickly become complex.
- Mixed income streams — Professional eye care fees, spectacle sales and contact lens income must be recorded separately and reconciled accurately.
- Stock and inventory — Frames, lenses and contact lenses need consistent stock records so purchases, stock levels and cost of sales are reflected correctly.
- Equipment and professional expenses — Diagnostic instruments, testing equipment and professional costs must be recorded and claimed appropriately, depending on individual circumstances.
- Payroll and staff costs — Optometrists, dispensing opticians, optical assistants and locums can be engaged in different ways, affecting payroll, contractor payments and tax.
- VAT on mixed supplies — Professional services and optical goods can be treated differently for VAT, so the nature of each supply and the business circumstances matter.
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 affairs of optical professionals and businesses, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where relevant. The focus is on income from eye care services, spectacle and contact lens sales, stock, equipment and practice costs, so records reflect how an optical business actually trades.
Support can cover independent opticians, optometrists, dispensing opticians, self-employed optical professionals, locums, practice owners, partnerships and limited companies. Accounting needs differ depending on role, structure and income mix, so the approach is tailored to each individual or practice rather than applied in the same way to everyone.
Yes. Self-employed optometrists and locums often have several income sources, travel between practices and carry professional costs, so accurate record keeping matters. Self Assessment, allowable expenses and filing deadlines all need attention, and the right treatment depends on individual circumstances and how the work is arranged.
It depends on the practice. Bookkeeping, annual accounts, Corporation Tax, payroll and management accounts are common, particularly where staff, stock and equipment are involved. VAT support may also be relevant. Not every practice requires every service, so the appropriate combination is based on structure, turnover and how the business operates.
Spectacles, contact lenses and other optical goods are trading income, and the related purchases, stock and cost of sales need recording accurately alongside professional fees. Keeping product sales separate from eye care service income gives a clearer picture of margins and helps ensure the figures used for tax reporting are correct.
They may. Optical businesses often make a mix of supplies, covering professional services and optical goods, and different supplies can have different VAT treatments. Whether registration is required, and how each supply is treated, depends on the nature of the supply, the circumstances of the business and current VAT rules, so advice should be specific to the practice.
Yes. Switching is usually straightforward, and we can work with you to understand your current position, records and any outstanding filings. It helps to have details of your existing accounting arrangements and recent accounts to hand. Where matters are more complex, timing the changeover with your year end can make things smoother.