Taxation of taxed income of a partnership

Produced by Tolley
Taxation of taxed income of a partnership

The following Owner-Managed Businesses guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Taxation of taxed income of a partnership
  • Introduction
  • How taxed income is treated

Introduction

This note explains the rules which apply when a partner receives taxed income from his partnership. The Taxed income of a partnership guidance note details what income is included as ‘taxed income’.

For the taxation of untaxed income, see the Taxation of untaxed income of a partnership guidance note. For the taxation of trading profits, see the Taxation of partnership trading prof

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