Goodin Reid & Co

Chartered Accountants

Partnerships

We can provide the following services for partnerships:

Accounts Preparation

The preparation of finalised accounts for partnerships from the basic accounting records.

Partnerships' Accounts

Preparation of accounts for partnerships running their own businesses.

Management Accounting

The preparation of monthly and periodic management accounts.

Partnership Taxation

Calculation and agreement of the tax liability of partnerships arising from their business activities.

Tax Planning

Advice on how to arrange transactions in the most tax beneficial manner.

Taxation

All aspects of tax work for businesses, including preparing computations, dealing with HM Revenue & Customs and advising on taxation.

Partnership Tax Returns 

The preparation and submission of partnership tax returns.

Employment

Advice to employers relating to tax on income paid to their employees.

PAYE Advice

Assistance with the Pay As You Earn system of tax collection.

National Insurance Advice

Advice on the effect of national insurance contributions on salary and benefits for both members of the partnership and their employees.

Value-Added Tax

Advice on complying with, and the incidence of, VAT on business transactions, including cross-border VAT within the European Union.

Bookkeeping

The provision of a bookkeeping service for partnerships running their own business.

Payroll Service And Advice

The provision of a computerised payroll service and advice on payroll matters.

Small Business Start-Up

Advice on all aspects of starting a business, including finance, VAT and other matters.

Property Taxation

The impact of taxation on transactions relating to buildings and land.