Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in Shildon

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses in Shildon, 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 businesses rarely fit a single mould. An optometrist working as a sole trader on a part-time clinic schedule has very different accounting needs from an independent practice employing dispensing opticians, optical assistants and locums. A partnership running two consulting rooms faces its own profit-sharing and record-keeping questions, while a limited company supplying spectacles, contact lenses and professional eye examinations must handle Corporation Tax, payroll and VAT alongside director reporting. Accountants for Opticians in Shildon can support self-employed optical professionals, dispensing opticians, practice owners and companies, tailoring the approach to how each one earns income, holds stock and is structured.

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 practices juggle several income streams at once: professional fees for sight tests and contact lens fittings sit alongside retail sales of spectacles, lenses and accessories. That mix affects how accounts are prepared and how records are kept. Depending on your circumstances, support may include bookkeeping for daily takings and supplier invoices, Self Assessment for self-employed optometrists and dispensing opticians, annual accounts and Corporation Tax for limited companies, payroll for practice staff and locums, management accounts to track margins on frames and lenses, and VAT support where different supplies are treated differently. Tax planning around equipment purchases, premises costs and stock levels can also form part of the picture. The right combination depends on your structure, income and goals.

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 blend clinical work with retail sales, which can make the numbers less straightforward than they first appear. Mixing professional fees with product revenue, stock and equipment creates accounting questions that need careful handling.

  • Mixed income streams — Professional fees from eye examinations and lens fittings behave differently from retail sales of spectacles, so records should separate them.
  • Stock and inventory — Frames, lenses and contact lenses tie up cash and need accurate valuation, especially where certain lines sell slowly.
  • Equipment and professional expenses — Optical equipment, testing instruments and professional development costs need correct treatment, and capital allowances may apply to qualifying purchases.
  • VAT on different supplies — VAT treatment can differ between professional optical services and goods such as spectacles, so supplies should be reviewed rather than assumed.
  • Payroll and staffing — Payroll for optometrists, dispensing opticians, optical assistants and locums brings varying pay arrangements, pensions and contractor status questions that need consistent handling.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses are not purely service providers. Alongside sight tests, contact lens fittings and clinical advice, many sell spectacles, lenses and accessories, hold stock and invest in equipment. That combination creates accounting considerations that differ from a business that only invoices for professional time. Income arrives from several directions, expenses range from frames and coatings to testing instruments and practice premises, and records need to distinguish between them clearly. Support that understands these distinctions can help with bookkeeping, payroll, tax administration and planning, so the financial side keeps pace with the clinical and retail sides of the practice.

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 understand how your optical business or professional role actually works, identify the accounting and tax requirements that apply, and then provide ongoing support that fits. It works whether you are self-employed, in a partnership or running a limited company. Tell Us About Your Business: We begin by understanding your services, how your business is structured, your income streams, optical goods or stock, and the accounting arrangements you already have in place. Review Your Accounting Needs: We then identify the relevant accounting and tax requirements, which may include bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where applicable. Receive Ongoing Support: From there, accounting and tax support continues in line with your needs, whether that means periodic accounts, regular bookkeeping or help with specific tax questions as they arise.

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

Optical practices need accounts that reflect how they actually trade. That means recording professional income from examinations and fittings separately from sales of spectacles, contact lenses and accessories, keeping stock figures sensible, and tracking equipment and premises costs accurately. Bookkeeping can be organised around the way your practice operates, whether that is a single consulting room or a larger site with several staff members. Payroll, tax administration and financial records can be kept in order throughout the year rather than pulled together at the last minute. Where VAT applies, different supplies may be treated differently, so the position is reviewed in light of your own circumstances.

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 face, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where relevant. The focus is on income from professional services and optical goods, plus stock, equipment and premises costs.

Support can be tailored to self-employed optometrists, dispensing opticians, locum and part-time optical professionals, independent practice owners, partnerships and limited companies. Each has different income, stock, staffing and reporting arrangements, so the accounting approach is shaped around how that individual or business actually operates.

Yes. Self-employed optometrists and dispensing opticians often need help with Self Assessment, records of professional fees and expenses, and clarity on what can be claimed. Where someone also sells spectacles or contact lenses, income and costs may need separating so the figures are accurate.

Yes, for optical practices and companies trading as limited companies. This can include preparing annual accounts, calculating Corporation Tax, and keeping statutory records in order. The exact position depends on your structure, income streams and any equipment or stock owned by the company.

Stock such as frames, lenses and contact lenses should be tracked and valued consistently, with purchases and sales recorded as they occur. Business expenses, including equipment, testing instruments, premises costs and staff costs, should be supported by records. Keeping this organised through the year makes accounts and tax returns far more straightforward.

VAT can apply to optical businesses, but treatment is not uniform. Professional optical services and supplies of goods such as spectacles or contact lenses may be treated differently, and the position depends on the nature of each supply and your circumstances. Thresholds and what is standard-rated, reduced or exempt should be reviewed individually.

Yes. Switching accountants is usually straightforward, and the process starts with sharing details of your current arrangements, records and deadlines. Once the position is understood, the appropriate accounting and tax support can be put in place for your optical business.

Start by telling CruseBurke about your optical business or professional role, including how you are structured, how you earn income and what accounting support you need. From there, the relevant requirements can be reviewed and ongoing support arranged.

Speak to an Expert

Need Accountants for Opticians in Shildon Who Understand Your Business?

Mixing professional fees with retail sales, stock and payroll can make the numbers hard to keep straight, and deadlines rarely wait. CruseBurke can help with bookkeeping, Self Assessment, annual accounts, Corporation Tax and payroll, so your records stay reliable and your tax position stays clear throughout the year.