Self Assessment / Partnership Tax Return Figures

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babsa
babsa Registered Posts: 118 Dedicated contributor 🦉
in General accounting discussion
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.

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  • T.C.
    T.C. Registered, Tutor Posts: 1,448 Beyond epic contributor 🧙‍♂️
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    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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