Accountants for Partnerships
Whether firmly established or just starting out, partnerships can be a powerful structure for businesses looking to grow. At the same time, it’s easy for a partnership to fall into a pattern where neither business owner actually has full oversight of the business’ finances – and that can lead to making bad decisions.
Any business needs to keep their finances in order and up to date. Without doing so, business decisions are taken without full knowledge of the facts. It’s also much harder to prepare records near the deadline when they haven’t been steadily updated throughout the period, and can come with a nasty shock if you do!
In a partnership, more than one person has the right and responsibility to make decisions for a business, often decisions that can financially affect the business. Sometimes those decisions have to be made quickly.
Working with ICS Accounting you’ll have the information to make better decisions, and a clearer understanding of the financial picture for your business will also help you justify these decisions to your fellow partners as needed.
To ensure you get the clear understanding you need, we’ll assign you a dedicated accountant. As well as keeping your documentation correct, compliant, and ready for deadlines, they can also help you improve your tax efficiency.
If your business is just starting up, we can even help you with the process of becoming a partnership and officially forming as a company. And, of course, when you join ICS Accounting, we have a £400 cashback offer!
Architects And Surveyors Accountancy: What Do I Get?
Complete Package
- Limited company formation
- Registration in relevant company tax schemes
- Access to FreeAgent – Online accounting software
- Monthly bank reconciliation
- Quarterly VAT returns
- Monthly payroll
- Confirmation statement
- Year-end financial statements
- Corporation tax return
- Year-end payroll returns
- Director and shareholder self-assessment tax return
- Pension auto-enrolment service
- Access to financial products
- Unlimited IR35 contract reviews
- Direct dial and e-mail to a dedicated accountant
- Quarterly call with a dedicated accountant
Enhanced Package
- Limited company formation
- Registration in relevant company tax schemes
- Access to FreeAgent – Online accounting software
- Monthly bank reconciliation
- Quarterly VAT returns
- Monthly payroll
- Confirmation statement
- Year-end financial statements
- Corporation tax return
- Year-end payroll returns
- Director and shareholder self-assessment tax return
- Pension auto-enrolment service
- Access to financial products
- Unlimited IR35 contract reviews
- Change of Address with HMRC/Companies House
- Direct dial and e-mail to a dedicated accountant
- Quarterly Teams Meeting
- Benefits Portal – one-stop-shop to save money and stay healthy
Additional Charges
Shareholding Changes Change of Address with HMRC/Companies House Additional self-assessment tax return Access to ICS Umbrella solution References for mortgages etc
Additional Charges
Additional self-assessment tax return Access to ICS Umbrella solution
Accountants for Partnerships
Whatever industry sector you work in, you’ll know how valuable expert advice can be. Your accountant should understand the needs of a partnership and be able to provide advice in clear English, not jargon.
Your ICS accountant will keep you up to date on how changing legislation affects your business and tackle your ongoing reporting needs. When you need to speak to us, we’ll be there.
We already work with partnerships new and old in many industries and we’re confident that our experience, as well as our accounting knowledge, can enrich your business.
Call us today on 01524 580720 or follow the link below to request a call back.
