Partnership Tax Returns Gosford | Business Tax Support
Partnership Business Tax – Gosford NSW 2250 Tax Support for Two or More Business Owners
Running a business partnership means shared responsibility — and shared tax obligations. At Bottrell Accountants Gosford, we help business partners understand their tax position, manage their partnership return, and meet ATO compliance requirements.
Whether you’re new to partnerships or a long-time team, our experienced tax team provides clear advice and reliable support every step of the way.
Visit Our Gosford Office
Bottrell Accountants – Gosford
86 Mann Street, Gosford NSW 2250
(02) 4027 5782
office@bottrellaccounting.com.au
Opening Hours:
• Mon – Thurs: 7:30am – 7:30pm
• Friday: 7:30am – 5:30pm
• Saturday: 9:00am – 1:00pm
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Book Online or Contact Us
86 Mann Street, Gosford NSW 2250 (02) 4027 5782 office@bottrellaccounting.com.au Opening Hours:• Mon – Thurs: 7:30am – 7:30pm
• Friday: 7:30am – 5:30pm
• Saturday: 9:00am – 1:00pm
Visit Main Site Book Online or Contact Us
What We Do - Partnership Tax Services
✅ Annual Partnership Tax Return (Form P)
✅ Preparation of Profit & Loss Statements
✅ Division of Profit/Loss Between Partners
✅ Partner Tax Advice & Individual Returns
✅ BAS, PAYG, GST Reporting
✅ Small Business Tax Concessions
✅ Business Planning & Structure Reviews
✅ ATO Correspondence & Lodgement Support
What Makes a Partnership Different?
Unlike companies, partnerships don’t pay tax on profits directly. Instead:
• The partnership files a return to report income, deductions, profit/loss.
• Each partner includes their share of the income in their individual return.
We make sure everything balances and aligns — especially if partners have other income streams.
Common Partnership Deductions
• Vehicle & equipment use
• Rent, utilities, and office supplies
• Wages or contractor payments
• Subscriptions & software
• Professional fees & insurance
• Travel, marketing & depreciation
We ensure expenses are allocated and reported correctly between partners.
Starting or Exiting a Partnership?
We also support you with:
• Partnership registrations (ABN, TFN, GST)
• Adding or removing a partner
• Capital contributions & drawings guidance
• Closing or restructuring the business
We’ll help ensure a clean transition with proper records and reporting
Why Choose Bottrell in Gosford?
✔️ 25+ years supporting partnerships
✔️ Tax agent, advisor & business coach under one roof
✔️ Transparent advice tailored to your industry
✔️ Xero, MYOB, QuickBooks partnership setup & support
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- Gavin Bottrell
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- Rebecca Bottrell