Partnership Taxation

Partners and partnerships; the bases of assessment of profit - an overview; the calculation of tax adjusted profits; partnership changes; changes of accounting data and the choice of accounting data; capital allowances; the division of profits between the partners; other partnership income, charges and national insurance; administration; reserving for tax liabilities; losses; work in progress and conventional bases; capital gains tax; overseas partnerships and earnings; companies in partnership; special type of partner; mergers and demergers; the provision of capital and interest payments; provision for retirement; service and other companies; the incorporation of partnerships; inheritance tax; VAT and stamp duty; partnership agreement.