Partnership Accountant
Expert accounting for the perfect partnership
Balancing flexibility and structure isn’t always simple. We aim to make life easier for partners, with a variety of services on offer, we tailor to your joint needs by our partnership accountants, from as little as £79.99 p/m.
PARTNERSHIP ACCOUNTANTS FOR PARTNERSHIPS
Features Included
Bookkeeping
We keep track of all your expenses and income so that everything is ready for your tax return deadlines. We keep you stay on top of your bookkeeping.
Filing & Returns
We specialize in handling all your VAT registration and tax submissions. Self-assessments are prepared and filed to ensure accurate and timely submissions.
Free Software
To save you time and money, we’ll set you up with a free Xero account. Link your bank account and upload invoices on the go. It’s as simple as that.
Unlimited Support
At Sterlinx we pride ourselves on being here for our clients. Unlimited support included in all packages over tel/email/zoom call.
Clever accounting for limited and ‘ordinary’ partnerships
If you thrive, so do we!
We understand that the accounting process can feel daunting and frustrating at times. This is why we promise a smooth service.
What’s included?
PARTNERSHIP ACCOUNTING SERVICE
Dedicated account manager
Perpetual tracking
Payable and receivable
Sales & purchases
Equity & retained earnings
Personal tax submissions
Fully managed staff payroll
Bank reconciliation
LIFO & FIFO
VAT calculations & filing
Digital documentation
Free Xero software & training
Trusted by partners
Expert accountants for you
You can trust us to handle your accounts. We are AAT and ACCA qualified accountants taking care of everything. Not to mention, we are proud Xero-certified partners.
Every Project is Different
Every Client is Special
Deadline reminders
Never miss an HMRC deadline. We keep you updated on your accounting deadlines so you can avoid any nasty surprises.
Accounts monitoring
Regular bookkeeping means you can relax knowing we are keeping an eye on your account activity.
Professional team
At Sterlinx we pride ourselves on being here for our clients. No question is too big or small, book your consultation now.
Add-ons
We grow with you. We can include payroll, VAT returns, company incorporation, and more as and when you need it.
If you have reached us outside our opening hours, you can either schedule a consultation or leave a message using our contact form. To do so please click contact us.
We work with..
We have a solution for your business or self-employment, no matter what industry you serve. Welcome to the number one Partnerships accounting specialist.
Ecommerce
Our online selling knowledge and expert accountancy are designed for you.
Commercial
Working with restaurants, cafes, delis and more. Keeping things neat for your tax filing.
Amazon Sellers
We do complete reconciliation for Amazon FBA sellers from storage to fulfilment and more.
Economy Workers
Gig to gig, we are here for you whether you are in Uber, Taxi, Deliveroo or Amazon Delivery.
Retail Stores
We make accounting for shop owners oh so simple! The full process is handled by us.
Tradespeople
Trust us to balance your books. A whole range of bookkeeping services.
Freelancers
We help you find freedom from the finances. Upwork or Fiverr, no limit to who we deal with.
International
UK-based accountancy with a global reach. We will bookkeep for your foreign entities.
STERLINX GLOBAL PARTNERSHIPS ACCOUNTING PACKAGES
Set yourself up to succeed with an affordable plan to suit you. We accommodate accounts from micro-businesses to corporate clients. Please contact us for a discounted rate for price plans outside the following packages.
Standard
£79.99/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Dedicated account manager
Unlimited transactions
Full bookkeeping
Payroll up to 2 employees
Self-assessments for one owner
Digital document management
Free Xero software & training
Perfect for a sole trader
For turnover up to £40,000 a year
Standard Plus
£99.99/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Everything from Standard
E-commerce marketplaces
Amazon FBA & websites
Shopify and websites
Perfect for a sole trader or partnerships
For turnover up to £85,000 a year
Premium
£139/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Everything from Standard Plus
Complimentary virtual address
VAT preparations & filing
Yearly accounts & corporation tax
Confirmation statement filing
Xero multicurrency account
International growth advice
Perfect for a Limited company
For turnover up to £250,000 a year
Frequently Asked Questions About Partnerships Accounting Packages
We have the following Q&A for you about our Partnerships accounts to make things on hand.
What is a General Partnership?
A general partnership is similar to a joint venture whereby two partners go into business together and are equally responsible for the day to running of the business. The partners share in the profits, managerial responsibilities, and liability for debts equally and personally. If this is not the case, then a legal partnership agreement must be drafted to state the agreed terms and arrangements. Speak to one of our partnership accountants today.
What is a Limited Liability Partnership?
A limited liability partnership is a business structure whereby the business partners have limited liability in the company. For example, the amount of Partner 1’s investment is £100k. Therefore, her liabilities are limited to this amount only. This is an attractive way to do business as you will not be liable for funds above the amount of your investment into the company. All of the partners in an LLP have the rights to partake in the day to running of the business, and if the partners change, the business can carry on as usual.
How much will our partnership be taxed?
Strictly speaking, your partnership is not taxed at all. It is the partners who are taxed individually and the partners who decide how to split company profits. The usual income tax brackets apply as they do for employees and self-employed people. For example, if you make a £50,000 profit in one year, and divide into 2 partners your annual income for that year is £25,000. You would be taxed 20% on your income. Don’t forget it’s a legal requirement that the partners submit a self-assessment.
What is a SA104s and a SA10F form?
These forms are submitted to HMRC with your self-assessment tax return. The SA104s is a short version of your company’s income if it is below £85,000 and the SA104F is the longer version if your company’s income is above £85,000 or if your company’s finances are less straightforward.
WHAT OUR CLIENTS HAVE TO SAY
Our Reviews
I am an E-commerce seller and I wanted to expand to the UK market. To register on platforms like Amazon, you need to show a UK-based address proof and some other documents, Read more..
Nathalie Brand
United Kingdom
I highly recommended Sterlinx Global accountants. We are new on the Amazon FBA business and from the beginning, they explained to us step by step all the processes to have, Read more..
Eladio Salomon
United Kingdom
Sterlinx completed our VAT Registration and Submission so that were able to successfully able to sell our products with ease in Germany, France and Spain. The process was very, Read more..
Courtney Long
United Kingdom
WHAT OUR CLIENTS HAVE TO SAY
Our Reviews
I am an E-commerce seller and I wanted to expand to the UK market. To register on platforms like Amazon, you need to show a UK-based address proof and some other documents, Read more..
Nathalie Brand
United Kingdom
I highly recommended Sterlinx Global accountants. We are new on the Amazon FBA business and from the beginning, they explained to us step by step all the processes to have, Read more..
Eladio Salomon
United Kingdom
Sterlinx completed our VAT Registration and Submission so that were able to successfully able to sell our products with ease in Germany, France and Spain. The process was very, Read more..
Courtney Long
United Kingdom