Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Callington
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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. Mixing professional services with the sale of spectacles, contact lenses and other goods means bookkeeping, tax and VAT questions can become more involved than in a purely service-based business.
- Mixed income streams: professional fees, dispensing income and product sales often need tracking separately so reporting stays accurate.
- Stock and optical goods: frames, lenses and contact lenses tie up cash, so stock records need to reflect what is genuinely held.
- Equipment and practice costs: test equipment, fitting tools, premises, insurance and utilities need correct treatment as revenue or capital.
- Payroll, locums and tax returns: staff wages, associate or locum arrangements and Self Assessment or Corporation Tax deadlines must be managed together.
- VAT on mixed supplies: professional services and optical goods can have different VAT treatments, so each supply should be reviewed on its own facts.
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 Around 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 day-to-day accounting and tax work that optical professionals and practices need, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where applicable. The exact services depend on how you are structured, how you earn income and what your practice supplies.
Independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. Because roles and business models differ, the accounting and tax requirements are worked out for each client individually rather than applied in the same way to everyone.
Yes. Self-employed optometrists, and locum or self-employed dispensing opticians, often need help with income records, expenses and Self Assessment returns. Where you also sell spectacles, contact lenses or other optical goods, your bookkeeping needs to capture those sales as well as your professional fees.
It varies. Many practices need bookkeeping, payroll and annual accounts or Corporation Tax returns, and some need VAT support and management accounts. Stock, equipment purchases, premises costs and staff wages all feed into the records, so the right mix is based on your own circumstances.
Frames, lenses and contact lenses should be tracked so your stock records reflect what you hold and use. Business expenses such as equipment, premises, insurance and staff costs should be recorded with supporting documentation, with capital items treated separately from day-to-day running costs.
Possibly. VAT treatment depends on the nature of each supply and the circumstances of the business, and professional optical services and optical goods can be treated differently. It is worth reviewing your income streams and turnover position rather than assuming one approach covers everything.
Yes. Switching accountants is usually straightforward, and we can work with your existing records and information. Telling us about your current setup, your practice structure and the deadlines you face helps the transition run smoothly.
Start by telling us about your optical work or practice, how your business is structured and what support you need. From there we can review the relevant accounting and tax requirements and explain how ongoing support would work for you.