Partnership Accounts

Partnerships are a popular form of business vehicle for people who wish to carry on a business together but do not wish to incorporate their business into a limited company.

In order to ensure compliance with all legislative requirements and to facilitate continuous harmonious business relations, it is essential that a partnership keeps proper books and records and produces comprehensive statements of account that reflect the true position of the business from year to year.

DMN are very well positioned to provide a full or partial service that enables partnership businesses to meet the requirements in relation to the whole area of partnership accounts and indeed to discuss the issues that are relevant in making the decision to use a partnership as a business vehicle.