A partnership is a legal entity in it’s own right and requires a partnership return as well as the preparation of accounts.
Unlike companies, partnerships are not required to file their accounts on the public register and are able to split their profit based on the agreement of the partners, which is much more flexible and may suit owners where one individual may carry out more work than another, but where this will vary each year.
All of our partnership returns are prepared whilst considering the individuals’ specific circumstances to help maximise their take home pay.
As the individuals will be taxed on the total profits of the business we provide an annual review of the businesses expenses to ensure all reliefs and exemptions are being taken advantage of.
Convenience and care are our core strengths. By focusing our services around these principles we have developed long lasting relationships with our clients. See below for how.
We want our clients to have choice and so we use all the major accounting packages to help them work with the best solution for their business.
We want our clients to be stress free, so we meet at their premises, respond promptly to queries and accept calls out of normal working hours.
We want our clients to receive a technical service, so all our work is signed off by either a qualified accountant, chartered tax adviser or tax specialist.
Most importantly, we take interest in our clients as we love what we do. We encourage regular and open discussions to avoid focusing on standard compliance and spend more time discussing development of their businesses.
QuickBooks Ask The Expert – Rachel!
We were over the moon that Rachel was asked the host Ask The Expert, a daily series run by Intuit QuickBooks to help small business own ...