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Partnership wealth: unlocking the hidden assets

By: Language: English Series: Professional Practice Management ; 16(6) June 1998, 83-85(3)Publication details: 1998Subject(s): Summary: 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.

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.