{"id":844,"date":"2020-06-09T15:00:59","date_gmt":"2020-06-09T15:00:59","guid":{"rendered":"https:\/\/www.oneaccounting.co.uk\/?page_id=844"},"modified":"2023-11-21T12:20:51","modified_gmt":"2023-11-21T12:20:51","slug":"partnership","status":"publish","type":"page","link":"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/partnership\/","title":{"rendered":"Partnership"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"844\" class=\"elementor elementor-844\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e7166c elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e7166c\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b99d9ed\" data-id=\"6b99d9ed\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d6b0ada grandchild-title elementor-widget elementor-widget-heading\" data-id=\"3d6b0ada\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Partnership<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3045713b elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3045713b\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ae0f0fa\" data-id=\"6ae0f0fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3f6b402f elementor-align-center elementor-widget elementor-widget-breadcrumbs\" data-id=\"3f6b402f\" data-element_type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span id=\"breadcrumbs\"><\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60378260 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60378260\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-48a53d9c\" data-id=\"48a53d9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5821ed55 bullet-red elementor-widget elementor-widget-text-editor\" data-id=\"5821ed55\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A partnership consists of two or more sole traders who join forces to run a business. A partnership is not a separate legal entity and all liabilities of the business are split between the partners. One advantage of a partnership is that your annual profits can be split in different percentages each year. This can be useful if you\u2019re looking for a structure where each partner can be rewarded according to the profit they generate for the business.<\/p>\n<p>As well as submitting individual tax returns for each partner, you also need to prepare separate accounts for the partnership and submit them to HMRC. However, this still gives partners anonymity as no accounts have to be filed at Companies House (unlike an LLP or Limited Company).<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-728221df\" data-id=\"728221df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a7fdf28 bullet-red elementor-widget elementor-widget-text-editor\" data-id=\"6a7fdf28\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>It\u2019s important to have a formal written agreement (partnership agreement) drawn up to state the role of each partner and to outline the way that the profits will be apportioned. Even if you\u2019re going into partnership with your best friend &#8211; a partnership agreement will prevent any potential dispute if you have a disagreement further down the line.<\/p>\n<p>Would you like to know more about a partnership agreement or how to set one up? <a href=\"https:\/\/www.oneaccounting.co.ukhttps:\/\/www.oneaccounting.co.uk\/about-us\/contact-us\/-us\/-us\/\"><strong>Get in touch<\/strong><\/a> &#8211; or give us a call on 0131 220 015 &#8211; we\u2019d love to hear from you.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c8624c0 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c8624c0\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f99487\" data-id=\"2f99487\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6d5bb34f elementor-section-stretched elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"6d5bb34f\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2089c514\" data-id=\"2089c514\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b793399 elementor-cta--skin-cover elementor-cta--valign-middle elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"2b793399\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a class=\"elementor-cta\" href=\"https:\/\/wordpress-238490-1237254.cloudwaysapps.com\/packages-page\/\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url();\" role=\"img\" aria-label=\"\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tInterested?\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tCompare our packages\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t<span class=\"elementor-cta__button elementor-button elementor-size-\">\n\t\t\t\t\t\tPackages\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b25c324 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b25c324\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74a4d965\" data-id=\"74a4d965\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4394f649 elementor-widget elementor-widget-html\" data-id=\"4394f649\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 style=\"text-align:center\">Other <span style=\"color:#E32423\"> small business support<\/span> services<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50ac99d7 child-carousel elementor-widget elementor-widget-wb-post-slider\" data-id=\"50ac99d7\" data-element_type=\"widget\" data-widget_type=\"wb-post-slider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>#wbel_post_slider_wb_post_slider50ac99d7 .wb_ps_text p{text-align: center}<\/style><style>#wbel_post_slider_wb_post_slider50ac99d7 .wb_ps_readmore{text-align: center}<\/style><div\r\n\t        \t\tclass=\"wbel_post_slider_wrapper wbel_post_slider_default\"\r\n\t        \t\tid=\"wbel_post_slider_wb_post_slider50ac99d7\"\r\n\t        \t\tdata-responsive_slider_control = \"[{&quot;slide_to_show&quot;:2,&quot;slides_to_scroll&quot;:2,&quot;breakpoint_size&quot;:768,&quot;_id&quot;:&quot;8d3b103&quot;,&quot;rows_to_show&quot;:1,&quot;rows_per_group&quot;:1},{&quot;slide_to_show&quot;:1,&quot;slides_to_scroll&quot;:1,&quot;rows_to_show&quot;:1,&quot;rows_per_group&quot;:1,&quot;breakpoint_size&quot;:&quot;480&quot;,&quot;_id&quot;:&quot;7709c66&quot;}]\"\r\n\t        \t\tdata-display-dots=\"no\"\r\n\t        \t\tdata-slide-to-show=\"3\"\r\n\t        \t\tdata-slides-to-scroll=\"3\"\r\n\t        \t\tdata-autoplay=\"yes\"\r\n\t        \t\tdata-autoplay-speed=\"3000\"\r\n\t        \t\tdata-slide-speed=\"1000\"\r\n\t        \t\tdata-pause-on-focus=\"true\"\r\n\t        \t\tdata-pause-on-hover=\"yes\"\r\n\t        \t\tdata-pause-on-dots-hover=\"no\"\r\n\t        \t\tdata-rows-to-show=\"1\"\r\n\t        \t\tdata-rows-per-group=\"1\"\r\n\t        \t\tdata-slick=\"{&quot;responsive&quot;: [{\r\n\t\t\t\t\t\t&quot;breakpoint&quot;: 768,\r\n\t\t\t\t        &quot;settings&quot;: {\r\n\t\t\t\t        \t&quot;slidesToShow&quot;: 2,\r\n\t\t\t\t        \t&quot;slidesToScroll&quot;: 2,\r\n\t\t\t\t        \t&quot;rows&quot;: 1,\r\n\t\t\t\t\t\t\t&quot;slidesPerRow&quot;: 1\r\n\t\t\t\t        }},{\r\n\t\t\t\t\t\t&quot;breakpoint&quot;: 480,\r\n\t\t\t\t        &quot;settings&quot;: {\r\n\t\t\t\t        \t&quot;slidesToShow&quot;: 1,\r\n\t\t\t\t        \t&quot;slidesToScroll&quot;: 1,\r\n\t\t\t\t        \t&quot;rows&quot;: 1,\r\n\t\t\t\t\t\t\t&quot;slidesPerRow&quot;: 1\r\n\t\t\t\t        }}]}\"\r\n\t        \t><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/registered-office-service-for-clients\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/registered-office-service-for-clients\/\">Registered Office Service for Clients<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/registered-office-service-for-clients\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/annual-returns-confirmation-statement-for-companies-house\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/annual-returns-confirmation-statement-for-companies-house\/\">Annual Returns (Confirmation Statement) for Companies House<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/annual-returns-confirmation-statement-for-companies-house\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/changing-accountants\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/changing-accountants\/\">Changing Accountants<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/changing-accountants\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/xero-and-freeagent-support\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/xero-and-freeagent-support\/\">Xero and Freeagent Support<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/xero-and-freeagent-support\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/email-and-telephone-support\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/email-and-telephone-support\/\">Email and Telephone Support<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/email-and-telephone-support\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-liability-partnership-llp\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-liability-partnership-llp\/\">Limited Liability Partnership (LLP)<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-liability-partnership-llp\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/partnership\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/partnership\/\">Partnership<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/partnership\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-company\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-company\/\">Limited Company<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/limited-company\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/sole-trader\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/sole-trader\/\">Sole Trader<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/sole-trader\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/choosing-the-right-business-structure\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/choosing-the-right-business-structure\/\">Choosing the Right Business Structure<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/choosing-the-right-business-structure\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><div class=\"wb_ps_item\">\r\n\t<div class=\"wb_ps_single_item\">\r\n\t\t\t<div class=\"wb_ps_thumbnail\">\r\n\t\t\t<a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/book-keeping\/\">\r\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/icn-126px-partnership-tax-2.png\" title=\"icn-126px-partnership-tax.png\" alt=\"icn-126px-partnership-tax.png\" \/>\t\t\t<\/a>\r\n\t\t<\/div>\r\n\t\t\t<div class=\"wb_ps_content\">\r\n\t\t\t\r\n\t\t\r\n\t\t\t\t\t<div class=\"wb_ps_title\">\r\n\t\t\t\t<h2 style=\"text-align: center\" ><a href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/book-keeping\/\">Book-Keeping<\/a><\/h2>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<div class=\"wb_ps_description\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"wb_ps_readmore\">\r\n\t\t\t\t\t\t<a class=\"wb_ps_readmore_link\" href=\"https:\/\/www.oneaccounting.co.uk\/services\/small-business-support\/book-keeping\/\">Learn more<\/a>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><\/div>\t\t\t\t<div class=\"wbel-arrow wb-arrow-prev\">\r\n\t\t\t\t\t<i aria-hidden=\"true\" class=\"fa fa-angle-left\"><\/i>\t\t\t\t<\/div>\r\n\t\t\t\t<div class=\"wbel-arrow wb-arrow-next\">\r\n\t\t\t\t\t<i aria-hidden=\"true\" class=\"fa fa-angle-right\"><\/i>\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A partnership consists of two or more sole traders who join forces to run a business. A partnership is not a separate legal entity and all liabilities of the business are split between the partners.<\/p>\n","protected":false},"author":1,"featured_media":466,"parent":664,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[194],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small Business Support: Partnership - Services | One Accounting<\/title>\n<meta name=\"description\" content=\"Would you like to know more about a partnership agreement or how to set one up? One Accounting can help you out with that. 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