Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Horsham
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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 fit a single accounting mould. Professional fees, retail sales of spectacles and contact lenses, stock, equipment and premises costs all interact, so keeping records accurate and tax treatment correct takes more care than many people expect.
- Mixed income streams: professional examination fees, spectacle sales and contact lens income should be recorded separately so each is reported correctly.
- Stock and inventory: frames, lenses and contact lenses tie up money in stock, and weak tracking can distort margins and year-end figures.
- Equipment and professional expenses: diagnostic instruments, testing equipment and professional indemnity costs need recording so the right treatment applies.
- VAT on optical supplies: professional services and goods such as spectacles or contact lenses can be treated differently for VAT depending on the supply.
- Payroll and practice costs: staff wages, locum and associate payments, premises rent and business rates all affect cash flow and compliance.
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 day-to-day accounting and tax work that optical professionals and practices need. That can include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where applicable, along with practical guidance on recording professional income, optical goods, stock and expenses accurately.
Support is available to independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners and limited companies. The work involved differs depending on your role and structure, so the starting point is your own circumstances rather than a fixed package of services.
Yes. Self-employed professionals typically need Self Assessment, organised records of professional fees and expenses, and clear guidance on payments on account. If you also sell spectacles, contact lenses or other goods, those income streams should be recorded separately so your figures reflect what the business actually earns.
It depends on size and structure. Many practices need bookkeeping, payroll for staff, management accounts and year-end reporting, while incorporated practices also need annual accounts and Corporation Tax returns. Equipment, premises costs, stock and locum or associate payments all need to be recorded consistently.
Stock such as frames, lenses and contact lenses should be tracked so opening and closing figures are accurate, with purchases recorded as they arise. Expenses including testing equipment, professional indemnity cover, practice rent and staff costs should be kept with supporting records, as the correct treatment can depend on the item and your circumstances.
Possibly. VAT treatment depends on the nature of each supply and the circumstances of the business. Professional optical services and goods such as spectacles or contact lenses can be treated differently, and registration depends on turnover and what is being supplied, so advice should be based on your specific situation.
Yes. Switching is usually straightforward, and it helps to have recent accounts, tax returns and bookkeeping records available. We can review your current position, confirm what needs filing and when, and then take over the relevant accounting and tax work from an agreed point onwards.
Get in touch and tell us how you work, whether you are a sole trader, partnership or limited company, and what support you need. We can then outline the accounting and tax services that suit your practice or professional role and explain the next steps clearly.