Ray: Partnership Taxation

Partnerships and partners;
Limited Liability Partnerships (LLPs);
The calculation of tax-adjusted profit or loss;
The basis of assessment of partnership profits;
Partnership changes;
Changes of accounting date and the choice of accounting date;
Capital allowances;
The division of profits between partners;
Other partnership income, partnership charges and national insurance contributions;
Losses;
The UK partnership return, partners’ self-assessment and tax administration;
Reserving for tax liabilities;
The basis of accounting within partnerships, the valuation of unbilled work, revenue recognition, and post-cessation receipts;
The taxation of capital gains;
Partnership mergers and demergers;
Partnerships trading overseas and overseas earnings;
Relief for overseas taxes;
Companies in partnership;
Mixed partnerships and corporate partners owned by individual partners;
Other special types of partner;
Property investment partnerships;
Venture capital or private equity partnerships;
Financing a Partnership;
Provision for retirement;
'Subsidiary' companies, service companies and service partnerships;
Incorporation and disincorporation;
Inheritance tax;
Value added tax and stamp duty;
The partnership agreement;
The LLPs members agreement;
Appendices