HMRC can ask about particular entries on a partnership return, or review the whole of the partnership accounts and records. A full enquiry usually means the books, the accounts file and a meeting with the partners about how the firm takes work and money.
Partners should not sit in that meeting without representation. Adjustments to partnership profit flow through to each partner’s Self Assessment. One enquiry can therefore move several personal bills at once.
Other taxes on the same visit
The letter may mention partnership Income Tax. Once HMRC is looking at the records they often glance at VAT and PAYE. We keep those questions in their own scope so the partnership profit enquiry does not quietly become a payroll review.
How Solaratax helps
We agree what the partnership records actually show, challenge requests that go beyond HMRC’s powers, and explain the effect of any adjustment on each partner before anything is signed.
Call 01615 314179 or email enquiries@solaratax.co.uk for a free, confidential discussion. We will not contact HMRC in your name until you instruct us to act.
Questions we are asked
Related investigations
Personal tax investigations
Most HMRC enquiries sit on individual tax returns — employed people, landlords, investors and the self-employed.
Company tax investigations
Corporation Tax enquiries, directors’ private records, and the way VAT or PAYE often gets pulled in.
HMRC compliance checks
A compliance check is often the first visit. Handled well, it stays a check. Handled badly, it becomes a full enquiry.
Talk to Solaratax
128 City Road, London, EC1V 2NX. 01615 314179. enquiries@solaratax.co.uk. Free, confidential, no obligation.
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