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Partnership Tax Returns – Maitland, NSW

Expert Partnership Tax Return Services

Operating a business as a partnership in Maitland?
Whether you’re running a trade business, family operation, or joint venture — you’ll need to lodge an annual Partnership Tax Return (Form P) and distribute income to each partner correctly.
At Bottrell Accountants, Tax Agents & Financial Planners, we prepare and lodge partnership tax returns with full ATO compliance, clear profit splits, and no last-minute stress.
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What Is a Partnership Tax Return?

A partnership tax return is:
  • Lodged annually with the ATO
  • Declares the partnership’s income, expenses, deductions & net profit
  • Reports how profits (or losses) are split between partners
  • Shows each partner’s share of income (included in their personal tax return)
Important: While the partnership itself doesn’t pay income tax, each individual partner is taxed on their share of the profit.

Why Choose Bottrell for Partnership Tax?

Local Maitland team – easy access, no call centres

Chartered Accountants & Registered Tax Agents

Specialists in trade, medical, family & investment partnerships

Transparent fixed pricing & ongoing support

Advice on super, GST, PAYG & bookkeeping

Support for partnership restructures or wind-downs

Who We Help

We assist:
  • Trade partnerships (plumbers, electricians, builders)
  • Family-run businesses with 2+ owners
  • Professional partnerships (e.g. medical, legal)
  • Spousal partnerships for rental or investment income
  • Farming & primary producer partnerships
  • Partnerships registered for GST or PAYG
  • Partnerships needing tax review or restructure

Our Partnership Tax Services Include

  • Preparation & lodgement of ATO Form P
  • Partner income & loss distribution statements
  • Depreciation & capital allowance claims
  • Business structure and tax minimisation advice
  • PAYG instalment advice & income variation
  • GST & BAS support
  • Bookkeeping or Xero setup (if required)
  • ATO correspondence management

Not Sure If You’re in a Partnership?

You may be in a partnership if:
  • You operate a business with one or more people
  • There is a formal or informal agreement to share profit/loss
  • You jointly own property or income-producing assets
  • You have an ABN registered under a partnership structure
We can confirm your setup and help register, update or cancel a partnership with the ATO.

Our Maitland Office
– Visit Us

Bottrell Accountants, Tax Agents & Financial Planners – Maitland:

  • Office: 93 Lawes St, East Maitland, NSW, 2323
  • Phone: 0249336888
  • Email: maitland@bottrellaccounting.com.a
  • Hours: Monday–Friday 7:30am–5:30pm | Saturday 9am–2pm
 
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Related Services in Maitland

Related Links

  • Online Tax Returns
  • Business Tax Returns
  • Bookkeeping Services
  • Business Establishment
  • SMSF Accounting
  • SMSF Audit
  • Tradies & Builder Services

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Book Your Partnership Tax Return Appointment

Let us handle the numbers while you focus on the business. Expert advice. Accurate returns. No surprises.