Partnership tax

Partnerships are used in many business arrangements, including straightforward situations where individuals carry on a trade together, and more complex structures involving companies and individuals, such as private equity groups and other investment vehicles.

Moore has extensive experience in advising on partnership taxation for clients in a large variety of sectors, ranging from international professional practices, such as lawyers, architects and surveyors, to private equity groups and property investment partnerships.

Moore has experience in providing compliance and advisory services to all legal forms of partnerships, including: general partnerships, limited partnerships and limited liability partnerships. We can also provide advice to the individual and corporate members of these entities.

Our services include the following:
  • preparation and submission of partnership tax returns and computations to HMRC;
  • preparation of partners’ personal and company tax returns;
  • tax and NIC registration for new partners;
  • corporate restructuring of partnerships and LLPs;
  • taxation advice in relation to partner appointments and retirements;
  • advice on profit extraction for partners;
  • capital gains tax guidance on the disposal of partnership assets;
  • advice on technical matters, such as the anti-avoidance legislation;
  • VAT and other relevant advice.
For further information, please contact a member of the Moore team.