Small Business Accounting for Partnerships
In a partnership, you and your partners are responsible for managing your business, and the liabilities that come along with that. Our fresh approach to small business accounting means that we’re able to fully support your business with accounting and financial advice. This allows you to focus on your business, whilst we focus on your finances.
Our friendly, expert advice is supported by our Silver Champion partner status with Xero. This allows us to offer you the world’s leading accountancy software, with implementation, support and management. You and your partner can manage your company from anywhere, from any device.
Partnership Accounting Services
As with sole traders, partnerships have to comply with self-assessments and keeping company accounts. Whilst we’ll support you with these tasks, what really sets us apart is the expert, tailored financial advice, strategy and reporting that we’ll provide you should you go with our accounting or CFO packages. We’ve had great success taking a number of small businesses from zero to millions, with our financial strategies helping support long-term growth.
Accounting for Partnerships from £29.50 p.m.
Why iFinance Department?
Looking to set up as a Partnership?
As a Partnership, you and your partner take responsibility for all income and liabilities. You’ll individually pay tax on the profits you gain from the partnership company. To begin, you’ll need to select a company name, your nominated partner and register your company with HMRC. Get in touch if you’d like support from iFinance Department to do this for you, we’ll include it free of charge when you take any accounting packages.