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The tax position when partners do not receive the profit share they are allocated

The tax position when partners do not receive the profit share they are allocated

The tax position when partners do not receive the profit share they are allocated Jess Brooks
Published on: 25/08/2025

Partnerships don’t pay tax directly, each partner is taxed on their profit share. But what happens when profit allocations are disputed? Learn the tax rules and HMRC’s approach.

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