GENERAL

Question 1

Overseas at all?

Answer 1

“Might have overseas tax
Consult an overseas tax adviser aha”

Question 2

Setting up partnership planning points

Answer 2

“Easy structure to create
Though obtain LEGAL ADVICE in drawing up partnership agreement to determine profit share ratios etc.
As a partnership is not a taxable person then partners need to RESIGER AS SELF EMPLOYED
Taxed on their share of the profits through IT and Class 2&4 NICs
The partnership itself could REGISTER FOR VAT”