Partnership Returns Services

Partnership Returns Services

Running a business with a partner? Then you’ll need to file a partnership tax return. Our Partnership Returns Services make sure both the partnership and each partner’s tax position are reported properly — with no mix-ups or late fees.

Why Partnership Tax Returns Are Important

If two or more people run a business together, the business itself doesn’t pay tax — but it still has to file a return. That’s the **partnership tax return**. It shows how profits or losses are split, so each partner can report their share correctly.

If HMRC doesn’t get the return on time, or if the numbers are wrong, you could get hit with penalties. Filing your **tax return for a partnership** is one of those things that’s easy to forget — but really matters.

Me and my business partner had no idea how partnership taxes worked. VMA handled it all and even helped us plan better for next year.”

Rachel L., Coffee Shop Owner

Why Partnerships Work with VMA Bookkeeping?

• We make taxes simple — even when there’s more than one person involved.
• Everything explained in plain English, no tax jargon.
• We keep both the partnership and each partner’s return in sync.
• Trusted by family businesses, joint ventures, and small partnerships.
• Always on time, always accurate.

How Our Partnership Tax Process Works

• We learn about your partnership setup and profit split.
• You send us your income and expense records.
• We prepare the partnership return and check everything twice.
• We submit the return to HMRC.
• We help each partner file their own tax return too.

I’d been stressing about the partnership return for weeks. These guys sorted it in days and explained it clearly. Lifesavers.

Tony K., Online Reseller

Before You File a Partnership Return

You’ll need your UTR number and records of all business income and expenses. It’s also important to double-check how profits are being shared between partners. Whether it’s 50/50 or something different — it affects each person’s tax bill.

Before You File Your Tax Return

You’ll need details like your UTR number, income records, and any allowable expenses. If you’ve sold crypto, earned rental income, or have foreign income, let us know early — it can affect your tax. Don’t worry if things aren’t perfectly organised. We’ll help sort it out.