Specialist Accountants for Opticians & Optometrists

Accountants for Opticians in South Croydon

CruseBurke provides practical accounting and tax support for opticians, optometrists, dispensing opticians and optical businesses in South Croydon, with clear advice, transparent fees and no hidden surprises.

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
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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 in the same way, and their accounting needs usually follow the shape of their working lives. A self-employed optometrist covering locum sessions has very different records from an independent practice owner employing staff, holding frame and lens stock and running a dispensary. Dispensing opticians may combine employed work with their own clients, while partnerships and limited companies bring their own reporting and tax obligations. Understanding how income is earned, how the business is structured and which costs belong where is what makes the numbers reliable.

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 are shaped around how optical work actually generates income. That often means Self Assessment for self-employed optometrists and locum professionals, annual accounts and Corporation Tax for limited companies, and bookkeeping that separates professional fees from sales of spectacles, contact lenses and other optical goods. Payroll matters where you employ practice staff, while management accounts, tax planning and VAT support help where stock, equipment, premises costs and mixed supplies make the picture more complex. Not every practice needs every service, so the appropriate mix depends on your structure, income streams and 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. Between professional services, retail sales of optical goods, stock, equipment and staff costs, the accounting picture can become layered quickly, and that is before tax and VAT questions are considered.

  • Layered income streams — Professional sight tests, private consultations, locum sessions and retail sales of spectacles or contact lenses can each need separate tracking and clear records.
  • Stock and inventory control — Frames, lenses and contact lenses tie up money, so accurate stock records help reveal margins, wastage, supplier costs and what is genuinely selling.
  • Optical equipment and practice costs — Testing equipment, fitting tools, software and premises costs must be recorded correctly, with the treatment depending on the nature of each expense.
  • Staff and contractor payments — Payroll for practice staff plus payments to locums or self-employed optometrists raise questions around PAYE, pensions and each worker's employment status.
  • VAT on mixed supplies — Professional optical services and supplies of optical goods such as spectacles and contact lenses can be treated differently, so treatment depends on the specific supply.

Why Specialist Accounting Support Matters for Optical Businesses

Optical businesses are not purely service businesses. Alongside professional work such as sight tests and contact lens fitting, most practices also sell optical goods, hold stock and invest in testing and dispensing equipment. That combination creates accounting questions around margins, stock valuation, equipment costs, premises and staff that a generalist adviser may not see day to day. Support that understands these areas helps keep records accurate, tax administration manageable and decisions better informed, whether you work alone as a self-employed professional or run a practice as a partnership or limited company.

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

Getting started is straightforward, whether you are newly self-employed or running an established practice. The process is designed to understand your optical work, identify the accounting and tax requirements that apply to your circumstances, and then provide ongoing support that fits how you operate. 1. Tell Us About Your Business — We start by understanding the services you provide, how you are structured, where your income comes from, and how you handle optical goods or stock. 2. Review Your Accounting Needs — We then identify which requirements apply to you, whether that is bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll or VAT support where relevant. 3. Receive Ongoing Support — From there, accounting and tax support continues in line with your needs, so your records and filings stay in order as your practice or professional work develops.

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.

Built Around the Needs of Optical Practices

Accounting support for optical practices works best when it reflects the way the business actually operates. That means keeping professional income and optical goods sales properly separated, tracking stock so margins are visible, and recording equipment, premises and staff costs in a way that stands up to scrutiny. Bookkeeping, payroll, tax administration and financial record keeping can all be handled around your existing routine, with VAT considerations reviewed where they apply. The aim is straightforward: accurate records, clear information and filings prepared on time, whatever the size or structure of your optical practice.

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 look after the accounting and tax affairs of optical professionals and businesses, covering areas such as bookkeeping, Self Assessment, annual accounts, Corporation Tax, payroll and VAT support where relevant. Because optical work usually combines professional services with the sale of goods, the focus is on how both sides of the business are recorded and reported.

Support can cover self-employed optometrists, dispensing opticians, independent optical practices, practice owners, partnerships and limited companies. The right approach depends on how you are structured and how you earn income, since a sole trader working locum sessions and a practice with staff and stock have quite different accounting needs.

Yes. Self-employed professionals typically need help with record keeping, expense claims and Self Assessment, including how professional fees, equipment and travel are treated. Where you also sell spectacles or contact lenses, those sales need to be recorded separately from your professional income, and treatment depends on your individual circumstances.

It varies. Many practices need bookkeeping, annual accounts and Corporation Tax, plus payroll for staff and management accounts to track performance. Others need VAT support, stock and margin reporting, or help with business structure. Not every practice requires every service, so the right mix depends on your circumstances.

Yes. Bookkeeping keeps your professional income, optical goods sales and expenses organised through the year, which makes Self Assessment far easier at filing time. If you run a limited company, director reporting and Corporation Tax requirements also come into play, depending on how you take money out of the business.

Stock such as frames, lenses and contact lenses should be recorded accurately so you can see what is selling, what is sitting unused and how margins are holding up. Expenses including equipment, premises, software, professional fees and staff costs should be supported by records, and the treatment depends on what each cost relates to.

They can. VAT is not one single rule for everything optical. Professional optical services and supplies of optical goods such as spectacles and contact lenses can be treated differently, and registration depends on your turnover and circumstances, so it is worth checking how your particular mix of supplies is treated.

Yes. Switching is usually straightforward and can often be arranged around your existing filing deadlines, so there is no need to wait for a particular date to make the change. Once your records are in, the focus moves to making sure everything is up to date and properly organised going forward.

Speak to an Expert

Need Accountants for Opticians in South Croydon Who Understand Your Business?

Running an optical practice means juggling professional income, stock, staff costs and VAT questions all at once, and it is easy for bookkeeping or a Self Assessment deadline to slip. CruseBurke provides clear, practical support tailored to optical professionals and practices, with transparent fees and no hidden surprises, so your numbers stay in order.