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