Partnership tax return
The partnership return and each partner's share, matched to their own returns.
What's included
- The partnership tax return and financial statements
- Each partner's share of net income worked out under your agreement
- Partner salaries and drawings treated correctly
- Each partner's return prepared to match, if we act for them
How it works
- 1Book a call and agree the scope and fee
- 2We send a short checklist and set up secure access
- 3Your account manager prepares the work
- 4A partner reviews it, and we go through it with you
- 5You sign, and we lodge
Questions
Common questions
General information only, not advice for your situation. Rules change; we check what applies to you.
How is partnership profit taxed?›
The partnership does not pay tax itself. Each partner pays tax on their share of the net income in their own return.
Do we need a written partnership agreement?›
It is strongly recommended. It sets profit shares and what happens when a partner leaves.
Related
Individual tax return
Wages, investments, shares and super income, with every deduction you are entitled to and nothing you are not.
Tax return with ABN income
For sole traders and contractors: business income and expenses, assets, and the right PAYG instalments for next year.
Rental property schedule
Rental income and expenses, interest, depreciation and capital works, for each property you own.
Talk to us about this service
Confidential · No obligation · Registered tax agent 26173619