TSA Accountants Bristol Ltd

124 Gloucester Road

Patchway

Bristol

BS34 5BP

Partnerships 

Partnerships and Limited Liability Partnerships (LLP’s) operate in similar way to the Self-Employed for tax purposes, (although the Partnership will need to prepare a Partnership Self Assessment return in addition to the Self Assessment Returns of the individual Partners). As a Partnership it is quite likely that there will be VAT matters to consider.

 

Another feature of Partnerships and LLP’s is the Partnership Agreement. This is not a legal requirement, but it sets out the roles and responsibilities of each Partner, and also deals with what happens in the event of a dispute.

 

Included in our fixed fee will be:

 

  • ︎ Preparation of Annual Partnership Accounts

  • ︎ Preparation and submission of Partnership Self-Assessment Return and individual Self- Assessment  Returns

  • ︎ Unlimited telephone and e-mail support in relation to these services

  • ︎ Annual consultation and business review, including a free business and Financial Health Check

  • ︎ Review or Drafting of the Partnership Agreement

  •  We also offer a range of additional services at fixed fees such as:

  • ︎ Management Accounts (prepared monthly, quarterly or twice yearly depending on your needs)

  • ︎ VAT Returns

  • ︎ Payroll

  • ︎ Credit Control/Debt Recovery Assistance

  • ︎ Book Keeping