Partnership Taxation


Written by BDO LLP, Partnership Taxation is a practical, new and concise guide to setting up and running a partnership business.

Beginning with the history, legal background and uses of partnerships, Partnership Taxation covers the different types of partnership, dealing not only with their taxation aspects, but also the various accounting and auditing aspects. It also covers the practical issues of running a partnership, including managing profitability, the various insurance requirements, and making provision for retirement.

Detailed chapters explore the taxation treatment of individual partners, including corporate partners, and partnership profit computations. The title goes on to look at particular taxes such as capital gains tax, inheritance tax, VAT and stamp duty land tax, and also at more specialised areas including foreign aspects, investment partnerships, Lloyds underwriters and mergers.

Partnership Taxation is based on the law and practices as at 17 July 2012, and is an essential guide for all practitioners involved in the taxation of partnerships.

February 2013

Partners and staff of BDO LLP