Taxation Advice
Company Directors & Partnership Taxation
All partners in business partnerships have a personal responsibility to comply with the HMRC self-assessment rules, both within the partnership and also as individual self-employed tax payers.
Company Directors & Partnership Taxation Services:
Each partner, like any other self-employed individual, is personally liable for income tax and NIC on his/her share of the partnership profits.
We will provide you with guidance and advice on a range of issues, including:
- Setting up a partnership, or if you are joining or leaving an established partnership.
- Converting to LLP status
- Tax and NIC registration, preparation of partnership and personal tax returns.
- Setting-up and Administrating a payroll system.