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Ending Partnership
Bsp
Posts: 1 Newbie
in Cutting tax
I have a partnership which hasnt traded since dec 2014.
I filed my 2014-2015 return and now wondering how I do my 2015-2016 one, do I have to fill out SA800 if we neither traded or made profit? Im dubious about doing the return as I have to pay to use software to file a partnership return but then dont want to get stung with a fine if I am meant to?
Can I phone them and tell them it finished or do I have to complete SA800, and file nil?
Hope someone can offer some insight as cant seem to find anything helpful online via HMRC
:-)
I filed my 2014-2015 return and now wondering how I do my 2015-2016 one, do I have to fill out SA800 if we neither traded or made profit? Im dubious about doing the return as I have to pay to use software to file a partnership return but then dont want to get stung with a fine if I am meant to?
Can I phone them and tell them it finished or do I have to complete SA800, and file nil?
Hope someone can offer some insight as cant seem to find anything helpful online via HMRC
:-)
0
Comments
-
Just phone up and tell them the p/ship was disbanded in 14/15 and that it didn't exist in 15/16. Ask them to withdraw the demand to submit a p/s tax return. You may still have to do a personal one.0
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