Starting a new business? Get 40% off our accountancy services for 3 months! 😀


Use the SA400 form to register a business partnership for Self Assessment, or register for it online. Registering the partnership with HMRC is important, so that the nominated partner (chosen by the partnership) can submit Self Assessment tax returns. This is so that the business partnership can pay any tax that it owes, so it’s an essential step in setting one up.

Are partners registered separately to a partnership?

The partnership is registered for Self Assessment in its own right. Each partner in the partnership will also need to register to pay tax. If the partner is an individual person, they should register as a sole trader for Self Assessment to pay income tax and Class 2 National Insurance Contributions. Partners can also be another partnership, or even a limited company.

What’s important to remember that the business partnership is registered so that it can pay any appropriate taxes. Each partner also needs to be registered, in order to pay tax on income they earn from the partnership.

Will my partnership get its own UTR number?

Yes, the partnership will have its own UTR number once it is registered. Each partner will also be given their own UTR number when they register, so make sure not to mix them up! Learn more about where to find your UTR number in our article.

Talk to one of our advisors about our online accounting services for partnerships by calling 020 3355 4047, or get an instant quote.

accounting services for partnerships

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

More posts by this author
Inline Feedbacks
View all comments

Read more posts...

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.