Partnerships

Partnerships are a great way for several people to work together without the need to set up the more formal structure of a limited company. Whether you are in a partnership, or are looking to set one up, we can provide all the accountancy support you need to make sure you minimise your tax liabilities, and benefit from the regular, well-organised and clear financial information you need for better management.

Here’s what we can offer you:

  • Advice on how best to keep your records so they meet HMRC guidelines and accurately reflect your revenue and expenditure for the year

 

  • Full preparation of your accounts and self assessment tax return drafted by a mutually agreed date - we recommend bringing in your accounting records one or two months after the year end to beat the rush as the submission deadline looms

 

  • Ongoing tax advice to minimise your liabilities each year

 

  • Assess the benefits of VAT registration if you’re not already registered, or help with filing your returns if you are

 

  • If you employ staff, we offer guidance, advice and training on PAYE or we can calculate and manage your payroll, including filing your P35 Year End Return, for a fixed annual price

 

So call us on 01584 811686 and make an appointment to discover how we can help your partnership with its tax and financial matters.

Tax Point

If you are finding running your own payroll laborious and time consuming, why not source it our in-house payroll bureau and then you can focus on what you do best. Or, if you’d prefer even more support, why not use our bookkeeping service, or even help you find your own bookkeeper.

The chore of payroll record-keeping is made much easier using appropriate software, such as Sage, which we as specialist suppliers can offer to our clients at discounted rates.