Accountants for Partnerships
Whether firmly established or just starting out, partnerships can be a powerful structure for businesses looking to grow. At the same time, it’s easy for a partnership to fall into a pattern where neither business owner actually has full oversight of the business’ finances – and that can lead to making bad decisions.
Any business needs to keep their finances in order and up to date. Without doing so, business decisions are taken without full knowledge of the facts. It’s also much harder to prepare records near the deadline when they haven’t been steadily updated throughout the period, and can come with a nasty shock if you do!
In a partnership, more than one person has the right and responsibility to make decisions for a business, often decisions that can financially affect the business. Sometimes those decisions have to be made quickly.
Specially designed for Partnerships
Working with ICS Accounting you’ll have the information to make better decisions, and a clearer understanding of the financial picture for your business will also help you justify these decisions to your fellow partners as needed.
To ensure you get the clear understanding you need, we’ll assign you a dedicated accountant. As well as keeping your documentation correct, compliant, and ready for deadlines, they can also help you improve your tax efficiency.
If your business is just starting up, we can even help you with the process of becoming a partnership and officially forming as a company.
Partnerships Accountancy: What Do I Get?
Complete PackageMost Popular
£ 145
+ VAT monthly- Limited company formation
- Registration in relevant company tax schemes
- Access to FreeAgent – Online accounting software
- Monthly bank reconciliation
- Quarterly VAT returns
- Monthly payroll
- Confirmation statement
- Year-end financial statements
- Corporation tax return
- Year-end payroll returns
- Director and shareholder self-assessment tax return
- Pension auto-enrolment service
- Access to financial products
- Unlimited IR35 contract reviews
- Direct dial & e-mail to a dedicated accountant
- Quarterly call with a dedicated accountant
Additional Charges
Change of Address with HMRC/Companies House
Additional self-assessment tax return
Access to ICS Umbrella solution
References for mortgages etc
Essential PackageMost Popular
£ 185
+ VAT monthly- Limited company formation
- Registration in relevant company tax schemes
- Access to FreeAgent – Online accounting software
- Monthly bank reconciliation
- Quarterly VAT returns
- Monthly payroll
- Confirmation statement
- Year-end financial statements
- Corporation tax return
- Year-end payroll returns
- Director and shareholder self-assessment tax return
- Pension auto-enrolment service
- Access to financial products
- Unlimited IR35 contract reviews
- Direct dial & e-mail to a dedicated accountant
- Quarterly Teams Meeting
- References for mortgages etc
- Quarterly Management Accounts
- Change of Address with HMRC/Companies House
- Shareholding Changes
- Benefits Portal – one-stop-shop to save money and stay healthy
Additional Charges
Access to ICS Umbrella solution
