How Does Tax Work in a Partnership?

how does tax work in a partnership

Once you’ve decided to set up a partnership, then next question that often plays on peoples mind is ‘how does tax work’? If this question is at the top of your worry list, then this guide is for you. Here’s you’ll discover more about tax for partnerships, how you report earnings, how much you’ll pay and where you can find more reading on legally reducing your tax bill.

How to Set Up a Partnership with HMRC

how to register a partnership

A step-by-step guide to registering a Partnership with HMRC, the role of a nominated partner and the registrations requirements for individual partners.