Partnership Accounts Oldham
Your partnership accounts, clear and current.
Running a partnership means more than splitting profits — it means each partner needs to know their share, their tax position, and what HMRC expects of them. Edward Harris handles the accounts, the profit allocation, and the Self Assessment for each partner. Fixed monthly fee, ACCA-qualified, same-day replies.
- Accounts prepared showing each partner’s share of profit and tax
- Self Assessment filed for every partner, well before the deadline
- Your books kept current so there are no year-end surprises
- Proactive reminders so nothing is missed and no penalties arise
Initial conversations are free and without pressure. If it is not the right fit after three months, you leave with clean books and nothing owed.
Get a free quote
Fixed pricing. Same-day reply.
What our clients say
★★★★★
Books Organised, HMRC Documentation Handled
“He has organised our books, compiled documentation for HMRC and been proactive with advice. Best accountant I have used.”
★★★★★
Responds to Every Message and Call Quickly
“He always responds to messages and calls so quickly, has a wealth of knowledge and experience and is absolutely trustworthy.”
★★★★★
WhatsApp Access for Faster, Easier Communication
“It’s great we can WhatsApp for general queries, making communication more efficient.”
★★★★★
Patient With First-Time Business Owners
“he has been very patient with me being new to running a business, he had given me some great advice and I will continue to use Edward Harris & Hasan”
Sound familiar?
Not entirely sure what each partner owes this year?
Partnership accounting sits in an awkward middle ground. The business needs annual accounts. Each partner needs a Self Assessment. Profit has to be allocated correctly before either can happen. When the books are behind, none of that can be done accurately — and each partner ends up guessing their tax bill until someone gets around to sorting it.
- ✕ No one is sure how profit is being split or recorded correctly
- ✕ Self Assessment deadlines creeping up with no accounts in place yet
- ✕ Books falling behind, making year-end a last-minute scramble every time
What sorted looks like for a partnership
Partnership accounts prepared accurately, profit allocated correctly between partners, and Self Assessment filed for each one — all on a fixed monthly fee with proactive reminders built in.
- ✓ Profit sharing recorded clearly so each partner’s position is always visible
- ✓ Self Assessment filed for every partner well ahead of the January deadline
- ✓ Books kept up to date throughout the year — no year-end scramble
- ✓ Fixed monthly fee so the cost is known before any work starts
What Oldham business owners say
Clients across Greater Manchester and the UK consistently highlight organised books, proactive advice, and fast communication as the things that make the difference.
Hasan at Edward Harris has been superb for us. He has organised our books, compiled documentation for HMRC and been proactive with advice. Best accountant I have used.
Excellent service! Hasan took over and sorted out my accounts with a swift and hassle free service. I would highly recommend for your accounting needs.
Partnership accounting, start to finish
From the partnership accounts themselves through to each partner’s Self Assessment and year-round bookkeeping — everything needed to keep the business and its partners compliant and informed.
Annual Partnership Accounts
Your partnership accounts are prepared each year showing profit, losses, and each partner’s allocated share. Figures are signed off accurately so there is no ambiguity when it comes to tax. Submitted to HMRC on time, every time.
Included as standardSelf Assessment for Each Partner
Each partner’s Self Assessment is prepared from the partnership accounts — so the figures align and nothing is double-counted or missed. Tax bills are calculated in advance so partners know what to set aside. Filed well before the January deadline.
Included as standardBookkeeping and Year-Round Support
Bookkeeping kept current throughout the year means the accounts can be prepared quickly and accurately when the time comes. Proactive reminders flag anything that needs attention before it becomes a problem. Cloud software included so the numbers are always accessible.
Proactive year-roundConsistently rated five stars on Google
Owner-managed businesses, new companies, and growing partnerships across Greater Manchester and the UK — all rating Edward Harris five stars for the same reasons.
Switched Accountants and Found Reliable, Trustworthy Service
“I cannot rate this company highly enough. I started off with an incredible expensive company who I could never reach or get good advice from – then THANKFULLY found Hasan who has been our accountant ever since. He always responds to messages and calls so quickly, has a wealth of knowledge and experience and is absolutely trustworthy. He’s kind, response, easy to deal with, and really a great member to make up your team. 10/10 recommend.”
Complex Financial Concepts Made Easy to Understand
“I had the pleasure of working with Hasan for our business’s financial needs, and I couldn’t be more satisfied. They provided exceptional service, demonstrating a deep understanding of accounting principles and tax regulations. Hasan is always prompt in responding to my inquiries and made complex financial concepts easy to understand. Their attention to detail and commitment to accuracy gave me great confidence in my financial decisions. I highly recommend them for anyone looking for a reliable and knowledgeable accountant”
Helpful Knowledge for New Business Owners
“We have been working with Hasan for almost a year. He’s been very helpful providing us with knowledge as new business owners. It’s great we can WhatsApp for general queries, making communication more efficient.”
Why partnerships choose us over another accountant
There are plenty of accountants in Oldham. The ones worth switching to will already understand how a partnership works before you have to explain it.
Partnership accounts done correctly
Profit allocation between partners is not always straightforward — drawings, capital accounts, and differing profit shares all need to be reflected accurately. The accounts are prepared with that in mind from the start, not retrofitted at year-end. Each partner’s position is visible before Self Assessment season arrives.
No last-minute Self Assessment panic
When the partnership accounts are kept current, the Self Assessment for each partner can be prepared well in advance — not in the week before the January deadline. Tax bills are calculated early so partners can set money aside rather than scramble for it. Proactive reminders are part of the service, not an optional add-on.
Questions answered the day you ask
Partnerships throw up questions throughout the year — a new partner joining, a change in profit share, whether a purchase is deductible. Those questions get a same-day response. No waiting until your next scheduled call to find out something you need to know today.
Up and running in four straightforward steps
The process is designed to require as little from you as possible. Most clients are set up and have their first questions answered within a week.
Get in touch, no cost
Call 0161 706 1523, email info@edwardharris.co.uk, or use the contact form. We reply the same day. The initial conversation is free and without any pressure to proceed.
We discuss your partnership’s needs
We will ask about the partnership structure, how profits are currently shared, and the state of the books. If there is catch-up work needed, we will say so upfront — and give a fixed price for it.
We handle the transition
If you are switching from another accountant, we take care of contacting them for handover information. Cloud bookkeeping software is set up and you are shown how to share records with minimal effort on your part.
Your accounts handled year-round
From that point, the books are maintained, the accounts prepared, and each partner’s Self Assessment filed on schedule. Tax bills are visible months in advance. There is considerably less to think about than before.
“Hasan has been amazing and extremely helpful he has been very patient with me being new to running a business, he had given me some great advice and I will continue to use Edward Harris & Hasan”
Things partnerships usually ask us first
Do you understand how partnership profit sharing and capital accounts work?
Yes. Partnership accounts involve more than a standard set of year-end figures — profit splits, partner drawings, capital account movements, and differing entitlements all need to be reflected correctly. Each partner’s Self Assessment flows directly from the partnership accounts, so accuracy at that stage matters. We work with partnerships across Greater Manchester and handle this as a matter of course.
What does partnership accounting cost, and what is included?
Pricing is fixed monthly so there are no unexpected invoices at year-end. The fee covers the partnership’s annual accounts, profit allocation, and Self Assessment for each partner. If VAT returns or bookkeeping are needed, those are included or priced separately depending on the scope. We confirm everything in writing before any work begins.
The books are behind — is that a problem for switching?
It is not unusual. Many partnerships come to us with records in various states of disarray. Catch-up bookkeeping is priced separately and quoted upfront so there are no surprises. Once the books are current, the ongoing monthly service takes over. We handle the transition from any previous accountant and request handover information on your behalf.
Is there a long-term contract or minimum commitment?
There is no long-term contract. The arrangement is monthly and you can leave with reasonable notice. If the service is not working after the first few months, you leave with clean, current books and nothing outstanding. We would rather earn your continued business than lock it in.
A new partner is joining the business — what do we need to do?
Bringing a new partner in requires updating the profit-sharing arrangement and ensuring the new partner is registered for Self Assessment with HMRC if they are not already. We can advise on how to record the change in the accounts and what notifications HMRC needs. It is worth getting this right from the outset rather than correcting it later.
Can we reduce the tax each partner pays through planning?
There is often scope to review how profits are timed, how capital allowances are claimed, and whether the partnership structure remains the most tax-efficient arrangement as the business grows. Tax planning is part of the advisory service — not a separate conversation held once things have already been filed. The earlier in the year we look at it, the more options there tend to be.
Leave the guesswork behind. Get clarity instead.
Partnership accounts, profit allocation, and Self Assessment for every partner — handled on a fixed monthly fee by an ACCA-qualified accountant based in Oldham. Initial conversation is free and without pressure.