Partnership Tax Return Online

Taxopia is the Home of Cheap Partnership Tax Return Online

Are you looking for cheap partnership tax returns? Taxopia is a professional but affordable solution to comply with annual business tax and accounting lodgements!

Taxopia is Australian owned and based in Melbourne. We use state of the art solutions to ensure your sensitive company or trust tax information are kept safe and confidential. We minimise other costs through streamlined work procedures allowing us to provide you with cheap company tax returns. Rest assured, at Taxopia cheap does not equate to low service or less qualified business tax accountants.

We can complete and lodge all of your annual business accounting and business tax return reporting, and even offer quarterly BAS solutions as well. Our extensive expertise allows us to provide more complex business tax advice for your company or trust if required.

Learn more about partnerships here.

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  • Basic Tax Reporting Partnership Tax Return

  • $400exc gst *
    • Includes Tax Return Prepared & Lodged
    • We act as your Tax Agent so you may be eligible for tax extensions
    • Business size & record keeping criteria apply
    • *See conditions here
  • Standard Tax Reporting Partnership Tax Return

  • $800exc gst
    • Includes Tax Return Prepared & Lodged
    • Preparation of full Financial Statements (bank use)
    • Max business turnover $1M/year
    • Record keeping criteria apply
    • Dedicated Accountant Tax Adviser support
    • *See conditions here
  • Premium Tax Reporting Partnership Tax Return

  • $1200+exc gst
    • Includes Tax Return Prepared & Lodged
    • Preparation of full Financial Statements (bankuse)
    • Turnover $1M or above per year
    • Record keeping criteria apply
    • Dedicated Accountant & Partner Support
    • *See conditions here

For our complete pricing list, please click here.

Partnerships

A partnership is a business structure involving two or more people who distribute income or losses between themselves.

Three main types of partnerships:

  • General partnership (GP) – The most common type, where all partners are equally share management responsibilities of the business, and each has unlimited liability for the debts and obligations it may incur.
  • Limited partnership (LP) – Similiar to that of a general partnership, but with limited partnerships, a partner’s liability is limited to the amount of money they have invested to the partnership. Limited partners are usually passive investors who don’t play any role in the day-to-day management of the business.
  • Incorporated Limited Partnership (ILP) – Partners in an ILP can have limited liability for the debts of the business. However under an ILP there must be at least one general partner with unlimited liability. If the business cannot meet its obligations, the general partner (or partners) become personally liable for the shortfall.

Tax requirements

A partnership doesn’t pay tax on its income. Instead, each partner pays tax on their share of the partnership’s net income. Partners may also be required to pay PAYG instalments, in the same way as a sole trader. Individual tax rates apply to a partner who is an individual (a person). They do not apply to a company or trust. Therefore, a formal partnership agreement is an important tax document if profits and losses are not distributed equally amongst the partners.

Individual states and territories govern partnership laws.
Click below for your governing state or territory (links will open in a new window).

oFor any inquiries, please call: 1300 829 674 or fill out our online form

A friendly reminder…

Please note that is a self lodgement service and does not include electronic lodgement by Taxopia. One of our qualified accountants will prepare your tax return, but it is your responsibility to print, sign & post to ATO to lodge.

If this option suits your needs, please click below to get started.

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You’ve chosen the Taxopia Lite Package…

Please note that is a self lodgement service and does not include electronic lodgement by Taxopia. One of our qualified accountants will prepare your tax return, but it is your responsibility to print, sign & post to ATO to lodge.

If this option suits your needs, please click below to get started.

Get started now!

* Sole Trader Package pricing conditions, please take note the pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Premium Package pricing conditions, please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Standard Package pricing conditions, please take note the standard pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* CONDITIONS to our Basic Tax Reporting Package for Partnership Tax Return ($400+ GST), excludes the following items:

If you do not qualify for this option, you will need to consider our Standard Tax Reporting Partnership Tax Return ($800+ GST) option.

Get started now!

Company or Trust Tax Return for Accountants & Bookkeepers

* BASIC PLAN ($400+ GST) CONDITIONS, excludes the following items:

* STANDARD PLAN ($800+ GST) CONDITIONS, excludes the following items; however, these services can be provided for an additional cost.

Get started now!

* Premium Package pricing conditions, please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Standard Package pricing conditions, please take note the standard pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* CONDITIONS to our Basic Tax Reporting Package for Company or Trust Tax Return ($400+ GST), excludes the following items:

If you do not qualify for this option, you will need to consider our Standard Tax Reporting Company or Trust Tax Return ($800+ GST) option.

Get started now!

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