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Self Employed Partnership

lorlor Feels At HomeRegistered Posts: 68
Hi there,

I have a client who was a partnership entity, so I used to file their 2 SA and 1 Partnership R.
They ceased the Partnership, to save money on filing and to go back to being SA.
They have contacted me to file SA for them both, they have a 50% share of the same business. Surely this is still a partnership, if there are more than one person in a self employed business then it becomes a partnership?

Comments

  • burgburg Experienced Mentor GloucesterModerator, FMAAT, AAT Licensed Accountant Posts: 1,441
    Yes, there only way to avoid a partnership[ return would be to each be self-employed and subcontract work between them. Would be a whole lot of hassle and with our fees probably wouldn't save them anything anyway.
    Regards,

    Burg
  • lorlor Feels At Home Registered Posts: 68
    thanks for your reply.
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