Add Partnership to Self Employment Type
'Partnership' be added to the 'Self Employment Type Income' as an option.
As a company we deal with Accountants quite a lot and are already receiving enquiries with Partnership Income (Not LLP).
With the tax benefits of Limited Companies being diminished with the increase of corporation tax and tax on dividends, we feel there will be more business choosing to trade this way in the future.
It would be more beneficial to key the income as a Partnership rather than a Sole Trader as it is a true reflection of how they trade and the % of partnership.
David Grimshaw
shared this idea
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Gary Le-Gallienne
commented
Fact Find>Current Employment>Self Employment Type: There appears to be no option for a partnership (that is not an LLP). This is a common business type. Having to select 'Sole Trader' could cause confusion.
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Ilhami Agca
commented
Add 'Partnership' to Self-Employment Type on income section.