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Who we help · Partnerships

Accountants for partnerships — the partnership return, profit shares and partner tax, joined up

Partnerships have extra moving parts — a partnership return, profit splits, and a tax return for each partner. We handle the lot together, so it’s consistent, efficient and stress-free.

  • Fixed monthly fee
  • A named accountant
  • UK-wide, fully online

Everything you need

One team, one fixed fee

  • Self Assessment. The partnership return plus each partner’s personal return.
  • Accounts & Corporation Tax. Partnership accounts (and company accounts for LLPs) prepared.
  • Bookkeeping Services. The firm’s books kept current and ready for year-end.
  • Tax planning. Profit allocation and partner tax planned efficiently.
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Sound familiar?

The bits no one warns you about

Partnerships create complexity that’s easy to get wrong: profit shares to agree, a partnership return plus a return for each partner, and changes when partners join or leave.

When the firm’s and the partners’ tax aren’t handled together, mistakes and mismatches creep in — and so does unnecessary tax.

  • The SA800 partnership return to file
  • Allocating profit shares correctly between partners
  • A personal tax return for every partner
  • Partners joining, leaving or changing shares
  • Drawings and what each partner actually owes
  • Keeping the firm and partners consistent
How we help

Everything handled, under one roof

A partnership means more than one set of numbers: the firm’s accounts, a partnership tax return (SA800), an agreed profit allocation, and a personal Self Assessment for every partner — all of which have to line up.

We handle it as one joined-up job. We prepare the partnership accounts and return, allocate profits correctly, and file each partner’s personal tax — keeping everyone consistent, compliant and tax-efficient.

Is this you?

Who we work with

If any of these sound like you, you’re exactly who we set this up for. Not sure where you fit? A quick, free call will tell you.

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  • General partnerships
  • Limited Liability Partnerships (LLPs)
  • Professional partnerships and practices
  • Family-run partnership businesses
  • Property partnerships
  • New partnerships setting up their finances
Why it pays

More money kept, less stress carried

Everything joined up

The partnership return and every partner’s tax handled together, so it’s all consistent and nothing is missed.

Efficient profit shares

Profit allocation and drawings planned so partners are taxed fairly and efficiently.

Compliant and on time

The SA800 and all partner returns filed correctly and well before the deadline.

Smooth partner changes

When partners join, leave or change shares, we handle the accounting and tax cleanly.

Key dates

Deadlines we keep you ahead of

Partnership return (SA800)
Online return due by 31 January each year.
Partners’ Self Assessment
Each partner’s personal return also due 31 January.
Transparent pricing

Know the price before we start

A fixed fee covering the partnership return, the firm’s accounts and each partner’s personal return — agreed up front, with no hourly billing.

  • A fixed quote, agreed before any work
  • No hourly billing, no year-end surprises
  • Cancel any time — no long tie-ins

A fixed monthly fee,
tailored to you

Confirmed after a free, no-obligation quote.

Get my fixed quote
Why Provense

A team that does the work — and picks up the phone

Partnership specialists

The SA800, profit allocation and partner tax are core to what we do.

Joined-up tax

Firm and partners handled together for consistency and efficiency.

A named accountant

One point of contact for the whole partnership.

Still deciding?

The honest answers to what you’re thinking

How much does an accountant cost for a partnership?

We agree a fixed fee covering the partnership return, the firm’s accounts and each partner’s personal return, quoted up front. Handling it together is more efficient than piecemeal.

Do you handle both the partnership and the partners?

Yes — that’s the point. We do the SA800 partnership return, the firm’s accounts, and each partner’s personal Self Assessment, so everything lines up.

A partner is joining/leaving — can you help?

Yes. We handle the accounting and tax around partners joining, leaving or changing profit shares, so the transition is clean.

Should we be a partnership or an LLP?

It depends on liability and tax. We’ll explain the differences and help you choose, and we handle the accounts and returns for both.

How it works

Getting started is easy

  1. 01

    Tell us about the firm

    Your partners, profit shares and structure — a quick, free chat.

  2. 02

    We handle it together

    Accounts, the partnership return and every partner’s tax prepared and filed.

  3. 03

    Everyone stays aligned

    Consistent, compliant and efficient — for the firm and each partner.

FAQ

Partnerships: your questions answered

How is a partnership taxed?
The partnership itself files an SA800 return reporting its profit, which is then allocated to the partners. Each partner pays tax on their share via their own Self Assessment. We handle both so it all lines up.
Do you do both the partnership and partner returns?
Yes — we prepare the partnership accounts and SA800, and each partner’s personal Self Assessment, keeping everything consistent.
How much does a partnership accountant cost?
It depends on the number of partners and the work involved. We quote a fixed fee up front covering the firm and the partners.
Can you handle an LLP?
Yes — we work with both general partnerships and LLPs, including the additional filing requirements LLPs have.
Do you work with partnerships across the UK?
Yes — we’re fully online and work with partnerships throughout the UK.

Let’s take the tax off your plate

Book a free, no-obligation consultation and we’ll show you exactly how we can help — and what it would cost.