Self Assessment / Partnership Tax Return Figures

babsa
babsa Well-KnownRegistered Posts: 118
I have a Self Assessment and a partnership tax return to file. I was wondering what figures to do I use. Do I file the total income and total expenses on both self assessments or do I file half the total income and half the expenses on each partners return?

Thank you for any help.

Comments

  • T.C.
    T.C. Experienced Mentor Registered, Tutor Posts: 1,448
    You fill out the Partnership Tax Return and then put the appropriate partners' shares on the partnership pages of the individual tax returns.
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