Opticians

We understand the real challenges that Opticians face in dealing with issues such as complex Value Added Tax [VAT] returns or the best timing of taking Capital Allowances. Our experienced team can provide proactive help and guidance on these, as well as providing accounting and business planning and advice.

As chartered accountants and tax consultants we specialise in both company and personal tax, so whether you are buying a car, paying your salary or selling your practice, you can be comfortable in the knowledge that you will pay the minimum amount of tax. We also advise on the best method and time to extract profits from your business in order to minimise overall tax liabilities.

We will also ensure that your financial planning and cash flow is efficient and run like any other business. We can help with budgets planning and management accounts so you can predict incomes and expenditures accurately, allowing you make the right financial decisions at the right time.

How we can help

We can provide advice, planning and a full range of specialist services to Retail Opticians and Optometrists. In particular, we can provide:

• Preparation of VAT returns (Full Cost Apportionment)
• Management accounts
• Business plans and financial forecasts
• Advice on asset purchase
• Bookkeeping service
• Payroll bureau service
• Business and personal tax planning
• Inheritance tax planning
• Pension and financial planning
• Advice on incorporating your practice
• Sage training and IT advice/support.

Benefits of using us:

We have the necessary expertise and in-depth sector knowledge to take away the burden of financial reporting and tax planning, leaving you with more time to concentrate on building a successful career and practice:

• We understand the needs and challenges of your sector
• We will always have a partner or an account manager available to answer your queries
• We understand the issues around VAT, partial exemption and fixed cost appointment
• We will work with you to reduce your business and individual tax liabilities
• We will help with your financial planning to increase your profits and performance
• We offer a competitive with a fixed fee structure agreed in advance
• We will prepare your accounts to an agreed deadline
• We can undertake a confidential benchmarking exercise of your business to see how it compares to your competitors

Our sister company, Thompson Jenner Financial Services can help you with residential and business mortgages, income protection, investments and savings, planning for retirement, pensions and estate planning.

Our experienced and friendly team are always happy to review your business sector requirements. Why not give us a call to find out how best you can benefit from our services.