Forming a new business with an associate — or as part of a group — can be an exciting venture, but it is one that requires proper planning and professional insight from an experienced accountant. At Orchard Accountants, we can help you plan your approach to a business partnership, as well as register limited liability partnerships with Companies House — including all administration involved.
When forming a partnership, each partner takes on their own legal and financial responsibilities for the business. This can become complicated if you are not prepared, so liaising with an accountant from an early stage will mitigate stress and make your financial obligations, including tax returns and business assets, much clearer.
If you’re thinking of creating a company with a partnership format — rather than as a limited company — or you are taking on the role of partner in an established business, we can provide all the advice and accounting support you need.
To discuss how we can help you in the formation of a limited partnership in Kent or the Medway Towns — including Gillingham and Rochester — don’t hesitate to contact us today.
Get in touch for a FREE no obligation consultation on our accountancy services by calling our friendly team on 01634 570 390 or contact us online
HMRC updates tax guidance for waiving income and bonuses and charitable giving
2nd June 2020
HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the…View the full article View all articles
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