Partnerships

A partnership involves two or more individuals working together, similar to a sole trader but with shared profits and joint liability for any liabilities that may arise. It is important to have a written agreement in place to clarify the partnership terms.

Our services for partnerships include:

1. Free initial consultation
2. Individual partner registration with HMRC
3. Partnership registration
4. Preparation and filing of the partnership tax return
5. Preparation and filing of self-assessment tax returns for individual partners
6. Guidance on the UK tax system, including N.I. rates
7. Advice on maintaining proper record-keeping practices
8. Assessment of VAT registration requirements and available VAT schemes
9. Suggestions on possible allowable expenses
10. Tax liability assessment and important dates
11. Acting as your agent and liaising with HMRC on your behalf
12. Unlimited email and telephone support throughout the year
13. Provision of bookkeeping software solutions
14. Tax planning services

For a prompt quotation, please complete the following form.