Whether you are a registered partnership or have just started in business with a colleague, let us take you through everything you need to know to ensure you have everything in place
In a business partnership you and your business partner(s) personally share responsibility for your business. All the partners need to file an individual self assessment tax return to HMRC as well as filing a partnership tax return. We can prepare your partnership accounts and electronically file all the tax returns to HMRC. Not sure where to start? Let us know and we can help you register and fill in all the paperwork you need.
Are you VAT registered?
If your turnover is going to reach £85,000 in the year ending 20/21? Then you will need to be VAT registered. We can do all of this for you and take you through what needs completing and when.
Along with this, we can complete and file your VAT returns with HMRC and advise you of the necessary payment required and the deadlines.
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