Partnerships 043-03120000
Expand allThis document outlines information on a partnership. A partnership is where a minimum of 2 people are conducting a business with a common view to profit from it. The members of the partnership each own and are entitled to a share or portion of the assets of the business. Each member of the partnership is jointly liable for all the debts of the business.
When a customer is involved in a partnership in which the only income produced is derived from investments, the customer is not considered to be involved in a business.
Contents
Documents required to assess a partnership
Completing the Business details Mod F
Related links
Primary production aggregation for partnerships
Business has ceased or has been sold