Partnership Accounts

RBS Accountants – Partnership Accounts

Many our clients at RBS Chartered Accountants choose to operate as a partnership. There are cost savings over running your business as a limited company, and many people find a partnership more supportive and less lonely than going it alone as a sole trader. At RBS, we have many years of experience of preparing partnership accounts for HMRC. Our services include:

• Advice on the best setup for your business.
• Is a partnership the ideal solution?
• Advice on insurance and investments to mitigate against the risks of operating as a partnership.
• Preparation of year-end partnership accounts.
• Advice on setting up in-house book-keeping and records to make the preparation of your partnership accounts as straightforward as possible.
• Comprehensive audit of the whole of your business. As a disinterested partner we can look at ways to refine, improve or diversify your business that you hadn’t thought of.
• We bring experience of working with many other partnerships, sole traders and limited companies among our clients. We can spot challenges and opportunities you may not have noticed.
• Advice on drawing up a written contract for your partnership business.