Partnership accounts
Partnership accounts and returns prepared accurately and on time, with each partner’s share of the profit — and their tax position — made clear.
Is this for you?
You’ll benefit most if…
You run a business with partners
Two or more people sharing profits and responsibility.
The partnership return is due
You want it prepared and filed without the stress.
Partners want clarity
Everyone understands their share of the profit and the tax on it.
You’re thinking about a company
You want to know whether incorporating would make sense.
What’s included
One set of numbers, every partner covered
We prepare the partnership accounts and return, and can look after each partner’s personal tax too.
- Year‑end partnership accounts
- Partnership Tax Return (SA800)
- Profit allocation between partners
- Partners’ Self Assessment returns
- Tax planning before the year end
- Advice on moving to a limited company
How it works
Up and running in four steps
01
Free consultation
We talk through your business, what you need and what isn’t working today.
02
Clear proposal
A written proposal with the scope and monthly fee agreed before we start.
03
Set‑up and training
We set up your cloud software and show you how to use it.
04
Regular reviews
Monthly or quarterly reviews to talk through your numbers and next steps.
Does a partnership file its own tax return?
Yes. The partnership files a Partnership Tax Return (SA800) each year, and each partner reports their share of the profit on their own Self Assessment return.
When is the deadline?
Online partnership returns and partners’ Self Assessment returns are due by 31 January after the end of the tax year.
Can you look after each partner’s personal tax?
Yes. We can prepare every partner’s Self Assessment return alongside the partnership accounts, so the figures always match.
Related services
Let’s talk about where your business is going
Book a free initial consultation. We’ll listen, review where you are, and suggest the right next step.