Partnership Accounts Accountant
Your partnership accounts, handled properly.
Running a business with partners means the accounting touches everyone — shared profits, individual tax bills, joint compliance obligations. DG Accountancy handles the partnership accounts and SA800 return, then works through each partner’s position clearly. Fixed monthly fee, ACCA-qualified, same-day replies.
- SA800 partnership return filed accurately and on time each year
- Each partner’s profit share calculated and clearly explained
- Individual self assessment returns filed for all partners
- VAT, payroll and bookkeeping available as part of one fixed fee
No long-term contract. If it is not working after three months, you leave with clean books and nothing owed.
Get a free quote
Fixed pricing. Same-day reply.
What our clients say
★★★★★
Fast Turnaround When Deadlines Mattered
“Fees were transparent, turnaround was fast, and the work was done thoroughly and accurately.”
★★★★★
Every Detail Explained Meticulously
“Absolutely recommend Daniel for all and any accounts related matter. Would use his expertise again.”
★★★★★
Accounts Done, No Need to Worry
“Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well.”
★★★★★
Spoke Through Everything Clearly
“Daniel was very helpful and patient with me when I had no clue what to do and spoke through everything with me and made it clear”
Sound familiar?
Partnership tax: more moving parts than most expect.
A partnership has one set of accounts but multiple tax positions — and they all need to be right at the same time. The SA800 has to be filed, then each partner files their own self assessment, then the numbers have to agree. When books are incomplete or profit-share arrangements are informal, that process tends to go badly in January.
- ✕ Profit split arrangements undocumented and unclear at year-end
- ✕ Partners unaware of their individual tax bills until it is too late to plan
- ✕ SA800 and individual returns not cross-checked, leaving HMRC exposure
What sorted looks like
The partnership accounts are prepared, the SA800 is filed, and each partner’s allocation is calculated and communicated clearly. Individual self assessment returns follow. Nothing falls through the gaps between the shared accounts and the personal ones.
- ✓ Profit split documented, agreed and reflected accurately in the accounts
- ✓ Each partner’s tax liability calculated months before the January deadline
- ✓ SA800 and individual returns cross-checked and filed as a coordinated whole
- ✓ Fixed monthly fee covering all partners, agreed upfront with no hidden extras
What clients with shared accounts say
From sole traders to multi-partner businesses, the same thing tends to matter: someone who explains what is actually going on and gets the filing done without drama.
Huge thanks to Daniel for helping ourselves with our taxes! Being self employed means we all have to do this ourselves which is just not possible on top of our work load. Thanks again! We will be using you again!
Daniel was very helpful with my books and tax return. He offered great advise and insight in how to manage my books better and more efficiently. His knowledge in tax law and what can be used for expenses really helped with saving money where I could.
Everything a partnership needs, covered.
The partnership accounts, the SA800, the individual self assessment returns for each partner — prepared as a coordinated package so nothing is missed and nothing conflicts.
Partnership Accounts and SA800
Annual partnership accounts are prepared to HMRC requirements and the SA800 partnership return is filed on time. Profit and loss is allocated across partners in line with your partnership agreement, documented clearly so there are no disputes about who owes what.
Included as standardPartner Self Assessment Returns
Each partner’s individual self assessment return is filed accurately, picking up their share of partnership income alongside any other income sources. Your tax bill is known well before January — not calculated at midnight on the 31st.
Per partner, fixed feeVAT, Payroll and Bookkeeping
Partnerships that are VAT-registered or run payroll can bring all of that into one package. Monthly or quarterly bookkeeping in Xero keeps the records clean and the SA800 preparation straightforward — less to gather at year-end.
Available as add-onConsistently five stars across different clients.
Sole traders, companies and partnerships — different structures, the same pattern: clear communication, work done accurately, no chasing required.
Quick, Efficient, Highly Recommended Service
“Excellent service providing financial accounts for probate. Quick, efficient and friendly. Would highly recommend.”
Professional, Explaining Every Detail Meticulously
“He is the most amazing person, very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.”
Rates Extremely Good, More For Your Money
“His rates are extremely good compared to some other accountants out there and I get more for my money.”
What makes this different from a general practice
Most accountants file returns. Fewer of them join the dots between the partnership accounts, the SA800 and each partner’s personal position — and explain it all in plain English.
The whole picture, not just one return
Partnership accounting goes wrong when the SA800 and the individual self assessment returns are treated as separate jobs. Daniel prepares them as a coordinated whole, cross-checking profit allocations before anything is filed. That means HMRC sees consistent numbers across the partnership and every partner.
Tax bills known well in advance
Each partner’s liability is calculated as soon as the accounts are finalised — not left until the January deadline is bearing down. That gives partners time to plan their cashflow and avoid the scramble that catches a lot of partnerships out in the first quarter of the year.
Plain English for every partner
Not everyone in a partnership has the same appetite for accounting detail. Daniel explains each partner’s position individually and clearly — what their share of the profits is, what they owe, and when. No jargon, no cryptic summaries, no passing the query to a junior.
Up and running in four straightforward steps.
From first conversation to fully onboarded partnership, most clients are set up within a week. Here is what the process looks like.
Book a free discovery call
We talk through your partnership structure, how many partners there are, what income streams are involved, and what your current accountant (or lack of one) has been doing. No sales pitch — just a conversation about whether it makes sense to work together.
Receive a fixed-fee quote
You get a written quote covering the partnership accounts, SA800, and each partner’s self assessment return. Everything is itemised and agreed upfront — no surprise invoices when a partner has a more complex return than expected.
Cloud setup and onboarding
If the partnership uses Xero, we tidy it up or connect it properly. If it does not, we set it up. Bank feeds are connected, and we gather whatever historical records exist. Most partnerships are fully onboarded within a week.
Compliance runs, partners relax
The accounts are prepared, the SA800 is filed, each partner’s return goes in on time, and everyone knows their tax position well before January. Questions get answered the day they are asked. Which is, frankly, the way it should be.
“Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well. I am a very happy customer.”
Common questions about partnership accounts
What does a partnership actually need to file with HMRC each year?
A partnership is required to file an SA800 Partnership Tax Return, which reports the partnership’s income, expenses and profit for the year. That profit is then allocated between partners according to the partnership agreement, and each partner includes their share on their own personal self assessment return. The partnership itself does not pay tax — the partners do, individually. Getting the SA800 right and ensuring it is consistent with each partner’s self assessment is where most of the work sits.
What does it cost to have a partnership’s accounts and returns handled?
Pricing depends on the number of partners, the complexity of the partnership’s income, and whether you need bookkeeping, VAT or payroll included. The SA800 and partnership accounts are quoted as a fixed annual or monthly fee, and each partner’s self assessment return is priced separately. Everything is agreed in writing before any work starts — no hourly rates, no unexpected invoices at year-end. Get in touch for a tailored quote.
The partnership books are in a bit of a state. Can you still take it on?
Yes, and it is more common than most people admit. A catch-up bookkeeping exercise is quoted separately from ongoing work so you know exactly what it will cost to get everything current. Once the records are clean, ongoing accounting is straightforward. The state of the books at the start does not affect the quality of the work — it just affects the initial catch-up fee.
Is there a long-term contract or a minimum commitment?
No long-term contract. The service runs on a rolling monthly basis and you can give notice at any time. If you leave, you take your records with you — everything is in Xero and accessible. The aim is that you stay because the service is worth it, not because leaving is complicated.
We are thinking of incorporating the partnership into a limited company. Can you advise on that?
Yes. Incorporation is a reasonably common step for partnerships that have grown to a size where the limited company structure offers tax or liability advantages. Daniel can walk through the key considerations — including the tax implications of transferring assets and goodwill, the change in how profits are extracted, and the ongoing compliance obligations of a limited company — so you can make the decision with a clear picture of the numbers.
How far in advance will each partner know their tax bill?
Once the partnership accounts are finalised, each partner’s allocation is calculated and shared promptly. For most clients that means knowing the personal tax liability two to four months before the January 31 payment deadline — enough time to plan cashflow, particularly for partners who also make payments on account. The exact timing depends on when the partnership’s year-end books are complete, which is something we manage proactively.
Related services for partnerships and owners
Get your partnership accounts properly handled.
Fixed monthly fee covering the partnership accounts, SA800 and each partner’s self assessment. Agreed upfront, no surprises, no long-term contract.