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PARTNERSHIP TAX RETURN

Partnership Tax Return

Why people choose Business Partnerships?

One of the advantages of having a business partner, is that you have someone to share the workload and who brings their own skills and assets, in order to achieve your joint targets. Partnerships are easy to establish and operate.

The Tax benefits of forming a Partnership

Business Partnerships do not pay ‘partnership’ income tax. Each partner declares the profits, or losses in their own personal income tax return. This allows for flexibility in tax manoeuvres, especially for family partners.

How GST and Partnerships work together

Partnerships must be registered for GST if the annual GST turnover is $75,000 or higher. If the business receives a GST refund, the Partners may withdraw on the refund according to their share percentage.

PARTNERSHIP TAX RETURN

$195 ea*
  • Partnership Tax Return Inclusions:
  • Up to 1 hour consultation
  • Free tax tip
  • Extra: depreciation, salary & wages, investment income etc.
  • BOOK AN APPOINTMENT

*More complex circumstances than normal e.g. motor vehicle deductions, home office expenses, investment income, could result in the price increase. Price will be confirmed at the appointment.

Book Free Initial Tax Consultation

DO NOT WANT TO PAY UPFRONT?

NO WORRIES! WE CAN DEDUCT YOUR FEES FROM YOUR REFUND! 

1300 189 680