Partnerships

Hayes Accountants > Partnerships

Partnerships

A partnership includes two or more people but works similarly to a sole trader. The written agreement should be in place between the partners and profits are usually shared between the partners according to it. All the partners in the agreement must be very clear about the fact that the profits might be shared unequally, but the liabilities which may arise are shared jointly. Even if you own only 1% of the business, you will still be 100%  legally responsible.

Every year while preparing your statutory accounts, we will provide you with a report about your business insights highlighting you the areas that can help you increase your earning and future tax planning.

We don’t just provide you with the service of year-end accounts we also work with you throughout the year to provide you help with accounting matters, employee costs and payroll issues, tax planning, purchasing, inventory levels, VAT and any other matter where you require a professional advice

Services we can provide you:

  • Free Initial Consultation
  • Register you as a sole trader
  • Register your business as a partnership
  • Prepare & file partnership tax return
  • Prepare & file Self-Assessment tax return for each partner
  • Guide you on how the tax system works in the UK, Tax, National Insurance(NI) rates, etc
  • Guide you on good record keeping
  • Guide you on whether your business needs to be VAT registered, and explain to you about available VAT schemes
  • Provide you with a list of possible allowable expenses
  • Advise you about the tax liability & due dates
  • Act as an agent on your behalf and deal with HMRC
  • Email and telephone support throughout the year
  • Bookkeeping software
  • Tax planning

For more details and quotes please contact us.

OUR EXPERTISE

We offer a range of quality services such as bookkeeping, accounting, handle your tax affairs and help you in business planning to make a better decision to help your business succeed.

1

Timely Preparation

We continually monitor and guarantee that everything is reported accurately and timely to prevent mistakes and prepare your financial statements to make you ready for tax time, so you can focus on your business and plan your future well.

2

Professional Team

Our professional and dedicated team provide you with high-level support and best advice to reduce your business cost, minimize risk and generate profit.

3

Cost-Effective

We assure you the competent, regulatory and trusted accounting services that meets your requirements at a cost-effective price with no hidden charges.

4

Value For Money

We are offering high standard and first-class accounting services to our clients with the approach that value for money as we believe in customer satisfaction.

5

Unlimited One-2-One Meetings

We offer face to face meetings, unlimited telephone calls, or you can contact us via email if you have any query or needs our expert advice. Our dedicated accountant will resolve your problems and provide you an unlimited support.

6

Smart Solutions

We provide our customers with the most reliable accounting solutions for their business to increase revenue and grow faster. We embrace or use up to date technology to eliminate the risk of errors and interpret data adequately.

WHAT OUR CLIENTS SAYS

Our clients are the entrepreneurs, and private individuals become more passionate to work with us as we lead them to success.
Let’s see what they say about us!

Muhammad Danish

Was in bit of a pickle concerning some discrepancies in my tax returns. Went straight to…

Marwaan

We received an excellent service from Hayes accountant, we cannot Express our feelings enough, so I would…

Hamayun Israr

Great service, polite communication, always contactable. Highly recommended.

Bobby Mangat

Very good service and friendly staff.

Mario Pol

Very good service and friendly staff.

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