Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Hersham
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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 clinical work with retail supply, which can make bookkeeping, tax and VAT more involved than for a practice that only sells time and expertise. Keeping these income streams clear from the start helps.
- Mixed income streams: eye examination fees, aftercare plans and spectacle sales behave differently in your records, so separating them supports accurate reporting.
- Stock and inventory: frames, lenses and contact lenses tie up cash and change in value, so stock counts and write-offs need consistent treatment.
- Equipment, premises and professional expenses: testing instruments, practice fittings and professional development costs each need to be categorised correctly.
- Payroll and associate payments: practice staff, locum optometrists and self-employed associates can be engaged on different terms, changing tax obligations.
- VAT on mixed supplies: professional optical services and goods such as spectacles and contact lenses may be treated differently, so each supply needs consideration.
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.
Built Around the Needs of 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 it applies. The aim is to keep your financial records accurate, your filings on time and your tax position clear throughout the year.
They can support independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners and other optical businesses. Because roles and business models differ, the support is shaped around how you actually earn income and how your business is structured, whether as a sole trader, partnership or limited company.
Yes. Self-employed optometrists, locums and dispensing opticians often need help with record keeping, Self Assessment and understanding which costs can be claimed against professional income. Because allowable expenses and tax treatment depend on individual circumstances, your position is reviewed rather than a single approach applied to everyone.
It varies. Many practices need bookkeeping, payroll, annual accounts and tax returns, plus help tracking stock, equipment and premises costs. Support with management accounts or VAT may also be relevant where the practice supplies both professional services and optical goods, since different supplies can have different VAT treatments.
Frames, lenses, contact lenses and accessories should be tracked consistently so stock values and cost of sales are accurate, with purchases recorded against the right period. Expenses such as equipment, professional fees and premises costs need clear records and supporting documentation, as what can be claimed depends on the cost and your circumstances.
Possibly, depending on turnover and the nature of the supplies. Optical businesses often provide professional services alongside goods such as spectacles and contact lenses, and these can be treated differently for VAT. Because treatment depends on the specific supply and the circumstances of the business, it is worth reviewing your position rather than assuming.
Yes. Payroll support can cover practice staff, optical assistants and administrative employees, including payslips, PAYE and reporting obligations. Payments to locums, associates or other contractors are treated differently from employment, so it is important to establish the correct status for each working arrangement.
Get in touch and tell us about your practice or your self-employed work, including how you are structured, where your income comes from and what you currently need help with. From there your accounting requirements can be reviewed and ongoing support explained.