Business Tax- Partnership/LLP with Multiple Trades, How?

Article ID

business-tax-partnership-llp-with-multiple-trades-how

Article Name

Created Date

25th October 2022

Product

Problem

Business Tax- Partnership with Multiple Trades, How to do this?

Resolution

This is a HMRC restriction. Multiple trades are not considered for LLP/Partnership returns. As a workaround please do the following to resolve your issue: –

• In BT- Create a Partnership return for Trade 1 and save this tax return as a PDF on your pc
• In BT – Then create another 2nd partnership return for Trade 2
• When generating the electronic partnership return for Trade 2 – you will need to attach the first return as a PDF under optional attachments.

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