Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Chippenham
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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 often combine professional fees, retail sales of spectacles and contact lenses, and significant equipment costs, which can make bookkeeping, tax reporting and VAT treatment more involved than for businesses providing services alone.
- Multiple income streams – sight testing and professional fees, spectacle and contact lens sales and other services may need tracking separately for accurate reporting.
- Stock and inventory – frames, lenses and contact lenses tie up cash, so reliable stock records matter for margins and year-end accounts.
- Equipment and professional costs – optical testing instruments, practice equipment and continuing professional development costs need correct treatment to avoid distorted profits.
- VAT on mixed supplies – professional services and optical goods can be treated differently, so mixed supplies often need careful review before reporting.
- Payroll and practice staff – optometrists, dispensing opticians, optical assistants and locum cover create varied payroll, contractor and record-keeping obligations.
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 look after the accounting and tax affairs of optical professionals and businesses. That typically includes bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where applicable, along with practical guidance on stock, equipment, premises costs and the different income streams an optical practice generates.
Support can be tailored to independent opticians, optometrists, dispensing opticians, locums and self-employed optical professionals, as well as practice owners, partnerships and limited companies. The right approach depends on how you are structured, how you earn income, and whether you also sell optical goods such as spectacles and contact lenses.
Yes. Self-employed optometrists and locums often have several income sources and varied expenses, which need careful record keeping for Self Assessment. Costs such as travel, professional fees and equipment may be relevant, but what can be claimed depends on individual circumstances and how the work is carried out.
It varies. Some practices need bookkeeping, payroll and VAT support because they employ staff and sell spectacles and contact lenses, while others mainly need annual accounts and Self Assessment. Many use a combination of services, including management accounts and tax planning, depending on size, structure and income streams.
Frames, lenses, contact lenses and accessories should be tracked so stock levels and costs are accurate at your year end. Equipment, premises and professional expenses need recording with the right treatment, and the correct approach depends on whether items are capital purchases or day-to-day running costs.
Possibly. VAT treatment depends on the nature of each supply and the circumstances of the business. Professional optical services and the supply of optical goods such as spectacles and contact lenses can be treated differently, and mixed supplies may need careful review. Registration also depends on turnover and the types of supply made.
Yes, switching accountants is usually straightforward. Once you get in touch, the practical next steps can be discussed, including what information is needed and how records will be transferred, so the changeover does not disrupt your bookkeeping, payroll or filing deadlines.
Get in touch with CruseBurke and tell us about your optical business or professional work. We can then talk through your structure, income streams, stock and the accounting support that suits you, and explain the practical next steps without jargon or hidden fees.