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Teamwork Group Huddle

Partnerships

For traditional partnerships and LLPs seeking smooth financial collaboration and clear visibility between partners.

Management Accounts & Financial Reporting

We prepare regular management accounts to give partners a clear, up-to-date view of performance, profitability, and cash flow. Our reporting helps support planning, decision-making, and proactive financial management throughout the year.

Payroll & Partner Payments

Where applicable, we manage payroll for partnership employees, ensuring accurate pay calculations, tax deductions, and HMRC Real Time Information (RTI) submissions. Our service helps maintain compliance while simplifying payroll administration.

Making Tax Digital (MTD) for VAT

We manage Making Tax Digital (MTD) for VAT, ensuring digital record-keeping and accurate preparation and submission of VAT returns using HMRC-approved software. Our service helps partnerships stay compliant while reducing administrative burden.

Bespoke

Allows you to add services on top of the essentials, designed around your business needs, workload, and level of support required.

Essentials: from £145 per month

Includes all essential, mandatory services required to keep your records accurate, compliant, and ready for tax reporting.

Bookkeeping

We provide structured bookkeeping for partnerships, ensuring income and expenses are accurately recorded, bank accounts are reconciled, and financial records remain organised and up to date. Our service supports clear financial visibility, efficient tax reporting, and ongoing compliance with HMRC requirements.

Year-End Accounts

We prepare partnership year-end accounts to summarise financial performance and overall financial position. Our service ensures accurate reporting of profits and expenses, providing the figures required for partnership tax filings and supporting informed decision-making.

Partnership Tax Returns & Partner Self Assessment

We prepare and submit partnership tax returns, ensuring profits are correctly allocated between partners in line with partnership agreements. We also support partner Self Assessment requirements by providing accurate income figures and guidance on individual tax obligations.

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