Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Perth
4.9/5.0
Google Reviews
⭐ What Clients Say About Us
See what doctors, dentists, and care providers say about working with us.
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 combine professional clinical work with retail-style sales, which makes record keeping and tax administration more involved than many people expect. These are the areas that most often need attention.
- Multiple income streams: Professional fees from eye examinations sit alongside spectacle and contact lens sales, so each type of income needs to be recorded accurately.
- Stock and inventory: Frames, lenses and contact lenses tie up money, and stock levels need proper recording for accounts and tax purposes.
- Equipment and professional costs: Diagnostic instruments, testing equipment and professional expenses can be significant, and how they are treated affects your figures.
- VAT on mixed supplies: Professional optical services and the goods you sell may have different VAT treatments, so it is worth reviewing your position rather than assuming.
- Payroll and practice costs: Staff, locum optometrists, contractors, rent and premises running costs all feed into your bookkeeping and your cash flow.
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 side of an optical business or professional career. That can include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where it applies, along with advice on business structures. The right mix depends on how you trade and what you need.
Support is available for independent opticians and optical practices, self-employed optometrists and dispensing opticians, practice owners, partnerships and limited companies. Because these roles and structures differ, the accounting approach is tailored rather than applied in exactly the same way to everyone.
Yes. Sole traders and self-employed professionals typically need help with bookkeeping, expense records and Self Assessment, including declaring professional income correctly. If you also sell spectacles or contact lenses, those sales and any related stock need recording as well.
It varies. Many practices need bookkeeping, payroll, management accounts and annual accounts, plus Corporation Tax if they trade through a limited company. VAT support may be relevant depending on turnover and the nature of the supplies, and not every practice requires every service.
Payroll support can cover salaried staff, part-time team members and, where relevant, payments to locum optometrists or other contractors. The correct treatment depends on whether someone is genuinely employed or self-employed, so each arrangement should be looked at individually.
Sales of spectacles, contact lenses and other optical goods form part of your business income and need to be recorded, along with the related stock and costs. How these supplies are treated for VAT depends on their nature and your circumstances.
Possibly. Professional optical services and the goods you supply can fall under different VAT treatments, so registration and reporting depend on your turnover, what you supply and how the business is structured. It is worth reviewing your position rather than assuming.
Yes, switching is usually straightforward. It helps to have your latest accounts, tax returns and bookkeeping records available so your position can be reviewed and the handover handled properly. The timing around your year end is worth discussing.