Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Shenstone

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses in Shenstone, with clear, transparent guidance at every stage.

4.9/5.0

Google Reviews

⭐ What Clients Say About Us

See what doctors, dentists, and care providers say about working with us.

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Jamie Fletcher profile picture
Jamie Fletcher
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It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about. I'd highly recommend them.
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Mansur Liman profile picture
Mansur Liman
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Accotax have been our accountants for many years now. We maintained them, because of their professionalism. In the last coiple of years, i have working with Imran, who has been very professional and helpful in guiding us through the whole process explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow. I really enjoy working with him. Thank you
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Muna Mohamoud profile picture
Muna Mohamoud
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I highly recommend Imran to anyone looking for a reliable and knowledgeable accountant. He helped me sort out a very complicated backlog of accounts and prepared my overdue tax returns with professionalism and attention to detail. Throughout the process, he was incredibly patient, took the time to answer all of my questions, and explained everything clearly. He guided me through each step and helped rectify issues that had built up over time, making what felt like an overwhelming situation much more manageable. I'm very pleased with the service I've received and truly appreciate his support. If you need help with your accounts or taxes, I would highly recommend Imran.
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Sergey M profile picture
Sergey M
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I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.
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Ebba Qureshi profile picture
Ebba Qureshi
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Fabulous team at ACCOTAX - very efficient and good response time . Honest and professional with their work. I would highly recommend them even if you’re a young start up - or a large business they have it covered .
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Mael Leboucher profile picture
Mael Leboucher
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We worked with a few different accountants before finally settling with Accotax, and we’re really glad we did. Their team is great. Abdul is responsive and easy to reach whenever I have a question, which makes a big difference. They take the time to understand how our business works and what our needs are. They are very knowledgeable, and when they don’t have the answer straight away, they take the time to look into it and get back to us quickly. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing. She is professional, efficient, and follows the processes we have put in place together. She's also very quickin getting back to us whenever needed. We’re very happy to work with her and hope to continue doing so for as long as possible. Overall, Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.
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3rd Hub profile picture
3rd Hub
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Imran provides a very dependable and straightforward accounting service. He is always responsive and professional when managing our accounts. Excellent support.
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Martin Tyrrell profile picture
Martin Tyrrell
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I have really impressed to date with all dealings with Accotax highly enough. From day one, they've made what can often be a complicated and stressful part of running a business feel straightforward and hassle-free. A special mention has to go to Anum, who has been friendly, incredibly responsive, and genuinely cares about providing the best possible service. No question is ever too much trouble, and she consistently goes above and beyond to make sure everything is dealt with efficiently. I wouldn't hesitate to recommend you to anyone looking for an accountant they can genuinely trust.
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Matthew Lyon profile picture
Matthew Lyon
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Great speedy service and very personable. Anum dealt with my income certificate and did everything quickly and helped me out massively. Very happy with the service provided.
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Optical Professionals and Practices We Support

Accountants for Opticians can support a wide range of optical professionals, from self-employed locum optometrists to dispensing opticians working within a practice. Independent opticians and practice owners often have different needs again, particularly where they employ staff, hold stock or sell optical goods. Accounting requirements vary according to how income is earned and how the business is structured, whether that is as a sole trader, a partnership or a limited company. A locum optometrist invoicing for professional time is not in the same position as a practice selling spectacles and contact lenses, so support should always reflect individual circumstances.

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

Our accounting services for optical practices are built around the way optical businesses actually earn money. For self-employed optometrists and dispensing opticians, that may mean Self Assessment, straightforward bookkeeping and help keeping professional income and expenses in order. For limited companies and partnerships, annual accounts, Corporation Tax and payroll usually come into play, alongside management accounts that show how the practice is performing. We can also assist with VAT support where it applies, tax planning, stock and equipment records, and reviewing your business structure. Not every optical business needs every service, and the right combination depends on your income streams, your setup and your circumstances.

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 have one simple income stream. Professional fees, retail sales, vouchers and equipment costs can sit side by side in the same accounts, which is why accurate record keeping matters so much for opticians and practice owners.

  • Mixed income streams: locum fees, examination income and retail sales often need separating so each is recorded and taxed correctly.
  • Stock and inventory: spectacles, contact lenses and frames tie up money in stock, so accurate records help with margins and year-end figures.
  • Equipment and professional expenses: diagnostic instruments, testing equipment and continuing education costs need correct treatment, with capital and revenue spending considered separately.
  • VAT on mixed supplies: professional services and optical goods can be treated differently for VAT, so each supply must be assessed on its own facts.
  • Payroll and practice staff: optometrists, dispensing opticians, optical assistants and locum contractors may all need different payroll or payment treatment.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses are not quite like other professional service firms. Alongside clinical and professional work, many practices also buy and sell goods such as frames, lenses, contact lenses and accessories, which brings stock, supplier payments and margin management into the picture. That mix means bookkeeping, tax administration and payroll can look different from a business that only sells time. Support that understands professional optical income, equipment costs, premises, staff and how optical goods are accounted for can keep records accurate, make tax deadlines easier to manage and give a clearer view of whether the practice is performing as expected.

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

Our process is designed to keep things straightforward. We begin by understanding how your optical business or professional work operates, identify the accounting and tax requirements that genuinely apply to you, and continue supporting you as your circumstances change over time. Tell Us About Your Business: We look at your services, whether you are a sole trader, partnership or limited company, how you earn income, and any stock, optical goods or equipment involved. Review Your Accounting Needs: From there we identify the relevant requirements, which might include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll or VAT support where it applies. Receive Ongoing Support: Support then continues in line with your needs, so records stay in order, deadlines are met and your accounts reflect what is really happening in the business.

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 Around Optical Practices

Support for optical practices works best when it reflects the shape of the business. That means keeping professional income, optical goods sales and other revenue streams properly separated, recording stock and equipment sensibly, and managing payroll for optometrists, dispensing opticians and support staff. Bookkeeping and financial records should be kept in a way that makes year-end accounts and tax returns straightforward, while VAT considerations are reviewed where they are relevant to the supplies being made. Whether you run a single practice or a growing group, the aim is practical accounting support that fits how you work, rather than a generic template that ignores the realities of optical retail and clinical services.

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

Accountants for Opticians handle the financial administration behind an optical business or professional career. That can include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where it applies. The aim is to keep records accurate and tax deadlines under control while giving a clearer picture of how the practice is performing.

We support self-employed optometrists and dispensing opticians, independent opticians, practice owners, partnerships and limited companies. Accounting needs differ depending on how income is earned and how the business is structured, so the support is tailored rather than fixed. Some clients need help with a single tax return; others need full accounts and payroll.

Yes. Locum and self-employed optical professionals often need Self Assessment, expense records and a clear separation of professional income from any practice-related earnings. If you also hold a role in a partnership or limited company, that income is handled differently, so it is worth reviewing the whole picture.

Yes. Bookkeeping keeps your income and expenses organised through the year, which makes Self Assessment or annual accounts far easier to prepare. For sole traders and partners this usually means a Self Assessment tax return, while limited companies also need annual accounts and a Corporation Tax return.

Spectacles, contact lenses and other optical goods are normally treated as trading stock or sales, so purchases, stock levels and cost of sales should be recorded accurately. The accounting treatment can affect reported profit, while the VAT position depends on the type of supply and the circumstances of the business.

Often they do, but not in a uniform way. Optical businesses can make a mix of supplies, covering professional services and optical goods, and these may not be treated the same for VAT. Whether registration is required, and how each supply is treated, depends on turnover, the nature of the supply and the specific circumstances of the business.

Yes, switching is usually straightforward. We review your existing records, confirm what is needed for your structure and income streams, and take over the relevant filings and deadlines. It helps to have recent accounts, tax returns and bookkeeping information available so the transition runs smoothly.

Speak to an Expert

Need Accountants for Opticians in Shenstone Who Understand Your Business?

If stock, mixed income streams or VAT on optical goods are making your records harder to manage, CruseBurke can help. From bookkeeping and Self Assessment to annual accounts, Corporation Tax and payroll, our support is designed around optical practices and self-employed professionals. Clear guidance, practical answers and no hidden fees.