Specialist Accountants for Opticians & Optometrists
Accountants for Opticians in Sittingbourne
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Opticians, Optometrists and Optical Businesses 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 rarely fit a single financial mould. When clinical work sits alongside the sale of optical goods, and when stock, equipment and premises costs all matter, bookkeeping and tax obligations can quickly become more detailed than expected.
- Separating professional income — Consultations, sight tests and dispensing work may be invoiced separately from product sales, so income streams need clear records.
- Stock and optical goods — Spectacles, contact lenses and frames tie up money in stock, so accurate inventory records matter for margins and year-end accounts.
- Equipment and practice costs — Diagnostic equipment, fitting tools, premises costs and maintenance are significant outgoings that need to be recorded and treated correctly.
- Payroll and staff — Practices often employ optometrists, dispensing opticians and support staff, which brings PAYE, pensions and payment timing into play.
- VAT on mixed supplies — Professional services and optical goods can attract different VAT treatment, depending on the nature of each supply and your circumstances.
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 day-to-day accounting and tax work that optical professionals and practices need, including bookkeeping, annual accounts, Self Assessment, Corporation Tax, payroll and VAT support where applicable. The aim is to keep professional income, product sales, stock and expenses properly recorded and reported.
Support suits independent opticians, self-employed optometrists, dispensing opticians, optical practice owners and other optical businesses, whether trading as sole traders, partnerships or limited companies. Requirements differ depending on structure, income streams and whether the business also sells optical goods.
Yes. Self-employed optometrists and locum opticians often need help with Self Assessment, expense records and keeping professional income separate from other work. If you also sell spectacles or contact lenses, the bookkeeping and VAT position can be more involved, so advice is based on your own circumstances.
It varies. A practice selling spectacles, contact lenses and other goods may need bookkeeping, stock records, payroll, annual accounts, Corporation Tax and VAT support, while a smaller operation might only need Self Assessment and basic record keeping. The right mix depends on your structure and activities.
They are usually recorded as sales of goods, with the related stock, supplier costs and margins tracked separately from professional fees. Because the VAT treatment can differ between professional services and goods, how each supply is recorded matters for accurate accounts and returns.
Many do, but the position is not straightforward. Professional optical services and the supply of optical goods can have different VAT treatments, and the outcome depends on the nature of each supply, the customer and the business's circumstances. We review VAT registration and treatment based on your position.
Yes. Where a practice employs optometrists, dispensing opticians, reception or support staff, payroll can cover PAYE, National Insurance, pension duties and payslips. If you use self-employed contractors instead, those arrangements still need to be recorded and reviewed correctly.
Yes, switching is usually straightforward. We can review your existing records and outstanding obligations, agree what is needed and take over the relevant accounting and tax work. It helps to have your latest accounts, tax returns and bookkeeping information available when you get in touch.