When you share your business with others, a partnership is required. 

Where applicable we help you register the partnership an ABN, GST, PAYG and other registrations as required. 

We prepare profit & loss reports, depreciation schedules and balance sheet. 

As part of the partnership structure, a partnership return is required to be lodged every year. 

The partnership return is required to report income and expenses associated to the partnership business. 

The partnership does not pay income tax on its income.