Partnerships
- Prometheus Accounting
- Industries
- 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:
Free initial consultation
Individual partner registration with HMRC
Partnership registration
Preparation and filing of the partnership tax return
Preparation and filing of self-assessment tax returns for individual partners
Guidance on the UK tax system, including N.I. rates
Advice on maintaining proper record-keeping practices
Assessment of VAT registration requirements and available VAT schemes
Suggestions on possible allowable expenses
Tax liability assessment and important dates
Acting as your agent and liaising with HMRC on your behalf
Unlimited email and telephone support throughout the year
Provision of bookkeeping software solutions
Tax planning services
For a prompt quotation, please complete the following form.
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