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Partnership wealth: unlocking the hidden assets

Simmons, M.

Partnership wealth: unlocking the hidden assets - 1998 - Professional Practice Management 16(6) June 1998, 83-85(3) .

Considers the financing of professional partnerships and suggests this can be quite haphazard when compared to financial business in the corporate sector. Discusses capital contributions by partners, withdrawal of profits, pension provisions, conversion to corporate status, tax reserves, National Insurance Contributions and share options.

Subjects--Topical Terms:
FINANCING
LIMITED LIABILITY
PARTNERS
PARTNERSHIPS
RETIREMENT RELIEF
RETIREMENT
SELF-ASSESSMENT
TAX RESERVES

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