Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Presteigne
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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 Opticians and 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 simple accounting template. Professional fees, goods sales, stock, equipment and premises all behave differently, and the way each is recorded affects your records, your tax position and how confident you feel at year end.
- Separating Professional Income from Goods Sales – Fees for eye examinations and sales of spectacles or contact lenses are different income streams and are best recorded separately.
- Stock and Inventory Control – Spectacle frames, lenses and contact lenses tie up money in stock, so accurate purchase records and valuations matter at the year end.
- Equipment, Premises and Practice Costs – Testing equipment, fittings, rent, utilities and day-to-day running costs need to be recorded correctly so the right tax treatment is applied.
- VAT on Mixed Supplies – Optical businesses may make different types of supply, and VAT treatment depends on the nature of each supply and the circumstances of the business.
- Payroll, Bookkeeping and Filing Deadlines – Staff wages, locum or associate payments, bookkeeping and Self Assessment or Corporation Tax deadlines all need to be kept on top of.
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 work that optical professionals and practices need, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where relevant. Because optical businesses often mix professional fees with sales of spectacles, contact lenses and other goods, records need to reflect both sides of the business.
Independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. The right level of support depends on how you are structured and how you earn income, so a sole trader and a practice with staff will not need exactly the same services.
Yes. Self-employed optometrists and dispensing opticians usually need Self Assessment support, clear bookkeeping and accurate records of professional income and any business expenses. If you also sell optical goods, stock and purchases should be recorded too. Individual circumstances vary, so the approach is agreed with you.
It depends on the practice. Common requirements include annual accounts, Corporation Tax or partnership returns, payroll for practice staff, bookkeeping, management accounts and tax planning. Practices that sell spectacles and contact lenses may also need stock records and VAT support. Not every practice needs every service.
Generally as goods sold, so purchases, stock levels, sales and any returns should be recorded accurately, with professional services such as eye examinations recorded separately as income. VAT treatment can differ between professional services and optical goods, so it is worth checking how each type of supply is treated.
Possibly. VAT treatment depends on the nature of each supply and the circumstances of the business. Professional optical services and the supply of spectacles, contact lenses or other optical goods can be treated differently, and the position is not always straightforward. Registration and mixed supplies should be reviewed based on your own situation.
Yes. Switching is usually straightforward, and it helps to have your latest accounts, tax returns and bookkeeping records to hand. CruseBurke can review what you have and agree how the accounting and tax work will be handled going forward, with clear fees and no hidden extras.
Get in touch and tell us about your practice or professional work, including how you are structured and what you sell. From there, the relevant accounting requirements can be identified and ongoing support arranged around your needs, whether you are a sole trader, partnership or limited company.