Optical

LATEST NEWS

Increase treatments. Increase patients. Increase profits.
07.10.20

For over a decade Snowbird Finance have specialised in providing funding solutions to practices as well as offering Treatment Finance to help patients fund their treatments.

Treatment Finance is...

more

TESTIMONIAL

Treatment Finance has been a really valuable business tool for the practice. We have been able to help patients spread the cost of their spectacle purchase in monthly manageable amounts, resulting in a positive impact to our business

SIGN UP TO OUR
NEWSLETTER

Sign up to our newsletter to receive relevant updates, top tips and industry specific news

The majority of optical businesses operate with the 'de minimis' system which allows opticians to claim back VAT on the purchase of exempt equipment and the recoverable tax on residual non-attributable purchases of up to, but not exceeding £625 a month, £1,875 a quarter or £7,500 a year.

By spreading the VAT you can reduce the risk of exceeding (and thereby compromising) your VAT de minimis limit.

Please contact us to talk about your individual VAT circumstances.

Download our Practical Guide to VAT de minimis here

You have sole responsbility for the management of your tax and legal affairs. We recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances. Snowbird Finance does not provide tax or legal advice.