Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Sherborne

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses in Sherborne, with clear, transparent and straightforward advice.

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

Optical professionals do not all work the same way, and their accounting needs reflect that. An independent optician running a practice with retail space has different considerations from a self-employed locum optometrist, and a dispensing optician providing clinical and dispensing services may have different needs again. We support sole traders, partnerships and limited companies, along with practice owners who combine professional work with selling spectacles, contact lenses and other optical goods. The right approach depends on how you earn income, what you supply, how the business is structured and what records you keep.

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

Support for optical businesses is built around how you actually trade. That may include bookkeeping that keeps professional fees, spectacle sales and contact lens income separate, Self Assessment for self-employed opticians and optometrists, annual accounts and Corporation Tax for limited companies, and payroll for optometrists, dispensing opticians and support staff. We can also help with management accounts, tax planning, VAT support where it applies, and reviewing whether your current business structure still suits you. Stock, equipment, premises costs and different income streams all feed into those figures. Not every practice needs every service, so what applies depends on 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 a single, simple income stream. Professional fees, optical goods, staffing, equipment and premises costs all interact, which means bookkeeping, tax and VAT decisions need more thought than they do for many other small businesses.

  • Different Income Streams: Professional fees, spectacle sales and contact lens income may need separating so each is recorded and reviewed accurately.
  • Stock and Inventory: Frames, lenses and contact lenses tie up money, so accurate stock records matter for margins, purchasing and year-end figures.
  • Equipment and Professional Costs: Optical equipment, testing instruments and professional expenses need correct treatment, including whether costs are capital or day-to-day.
  • Payroll and Staff Costs: Optometrists, dispensing opticians, front-of-house staff and locum payments all carry payroll or contractor implications that need handling correctly.
  • VAT on Mixed Supplies: Professional services and optical goods can be treated differently for VAT, so mixed supplies need reviewing rather than assumed.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses sit in an unusual position because they combine professional clinical services with the sale of goods. That mix affects how income is recorded, how stock and equipment are treated, and how VAT applies to different supplies. Specialist accounting support helps you keep clear records, understand your margins across professional work and optical goods, and stay on top of bookkeeping, payroll and tax administration. Guidance that recognises the practical realities of running a practice — frames, lenses, locums, equipment and premises — is usually more useful than advice built for businesses with a single, straightforward income source.

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 deliberately straightforward and designed around you. We start by understanding how you work, then identify the accounting and tax requirements that genuinely apply to your situation, and continue supporting you as the needs of your optical professional or business change over time. 1. Tell Us About Your Business: Share your services, business structure, income streams, optical goods or stock and the accounting support you are looking for. 2. Review Your Accounting Needs: We identify the relevant requirements, which may include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where applicable. 3. Receive Ongoing Support: Support continues according to your needs, whether you are a sole trader, in a partnership or running a limited company.

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

Accounting support for optical practices works best when it is shaped around the practice itself. That means keeping professional income and optical goods separate in the records, tracking stock such as frames, lenses and contact lenses, and treating equipment, testing instruments and premises costs correctly. Bookkeeping, payroll for optometrists, dispensing opticians and practice staff, annual accounts, Corporation Tax, Self Assessment and financial record keeping can all be handled as part of a joined-up approach. Where an optical business supplies both services and goods, VAT considerations may need extra attention. The aim is straightforward, accurate records and tax administration that reflects how your practice operates.

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 of optical professionals and practices. That can include bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support, alongside advice on expenses, stock, equipment and how different income streams should be recorded and reported.

We work with independent opticians, optometrists, dispensing opticians, self-employed optical professionals, practice owners, partnerships and limited companies. The right support depends on how you trade, how you are structured and how your income is earned, so the approach is tailored rather than fixed.

Yes. Self-employed opticians and optometrists often need help with Self Assessment, record keeping and understanding which costs can be claimed against professional income. If you also sell spectacles, contact lenses or other optical goods, those income streams may need to be recorded and treated differently for tax purposes.

It varies. Some practices mainly need bookkeeping, payroll and annual accounts, while others benefit from management accounts, tax planning, VAT support or a review of their business structure. Services should reflect your income streams, staffing, premises, equipment and stock rather than a fixed package.

Yes. We can keep your records in order throughout the year and prepare your Self Assessment return where you are a sole trader, partner or company director with income that needs to be reported. Accurate bookkeeping makes the process smoother and helps avoid surprises later.

Spectacles, contact lenses and other optical goods are sales of goods, so they are usually recorded as trading income, and stock levels should be tracked properly. VAT treatment can differ from professional optical services, depending on the nature of each supply and your business circumstances.

Possibly. Registration depends on your turnover and the VAT treatment of what you supply. Professional optical services and goods such as spectacles or contact lenses can be treated differently, and mixed supplies add complexity, so VAT should be reviewed against your own circumstances rather than assumed.

Yes. Switching accountants is usually simpler than people expect. Once you tell us about your optical business, we can discuss what is needed to transfer records and take over the relevant accounting and tax work, reviewing any outstanding filings or deadlines as part of that.

Speak to an Expert

Need Accountants for Opticians in Sherborne Who Understand Your Business?

Running an optical practice means juggling professional fees, spectacle and contact lens sales, stock, staff and premises costs — and the bookkeeping can slip. CruseBurke can help with the essentials, from bookkeeping and Self Assessment to annual accounts, payroll and VAT support, so your figures stay clear and your tax deadlines stay manageable.