Partners tax payments
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Apologies in advance - I am more comfortable with limited companies than partnerships!
The Partners of a company that I do book keeping for have paid their July SA payments through the partnership's bank account. Am I correct in posting this payment to their individual current accounts ?
I am seeing it as a drawing.
Many thanks
The Partners of a company that I do book keeping for have paid their July SA payments through the partnership's bank account. Am I correct in posting this payment to their individual current accounts ?
I am seeing it as a drawing.
Many thanks
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Re:Partners tax payments
Many thanks Dean - I guess it was obvious but I needed a bit of a confidence boost !
Thank you0