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Partnership Question?

airwalk
Posts: 109 Forumite
I am in the process of setting up a ebay business with my parents. Spliting all cost and profits 50/50. Currently everthing is set up in my dads name.
Does anybody Know how we need to go about setting up a partnership if we need to and what costs would be incurred?
Thanks Dan
Does anybody Know how we need to go about setting up a partnership if we need to and what costs would be incurred?
Thanks Dan
How much can you save Olympic Challenge
April – 8.5%, May – 17.2%, June – 29.5%
I GOT BRONZE
0
Comments
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Anyone can set up a partnership at nil cost just by registering with hmrc as such - that's all me and my hubby have done.
I would imagine making everything legal, with % splits etc. would cost a couple of hundred ££s."There is a light that never goes out"0
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