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Professional Tax Return Services for Partnerships

Professional Tax Return Services for Partnerships

Professional Tax Return Services for Partnerships

Running a partnership comes with shared responsibilities—and shared tax obligations. At Tax Savers, we take the stress out of partnership tax returns. We handle everything from dividing profits and losses to preparing and lodging the return with the ATO. Our team ensures your return is accurate, compliant, and reflects each partner’s share correctly.

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Our Business Tax Process

Our Business Tax Process

Why Choose Tax Savers for Your Business Tax?

In-Depth Consultation
In-Depth Consultation
  • Business Review
  • Goal Setting
  • Custom Tax Plan
Personalized Tax Plan
Personalized Tax Plan
  • Minimise Business Tax
  • Maximise Tax Savings
  • Ongoing Tax Planning
Industry-Specific Expertise
Industry-Specific Expertise
  • Industry Knowledge
  • Specific Tax Savings
  • Proven Experience
Maximise Tax Deductions
Maximise Tax Deductions
  • Claim All Deductions
  • Find Tax Credits
  • Lower Tax Bill
Periodic Tax Reviews
Periodic Tax Reviews

Review Tax Plan

Adjust to Changes

Ensure Tax Compliances

Clear Communication
Clear Communication
  • Easy to Understand
  • Know Your Options
  • Clear Tax Advice
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Partnership Tax Deductions

Partnership Tax Deductions

Reduce your partnership’s tax bill by claiming the right expenses. We’ll help you claim deductions such as:

  • Operating and admin costs
  • Staff wages and super
  • Marketing and advertising
  • Office rent and utilities
  • Training, tools, and technology

We make sure you don’t miss out on any tax claims you’re legally entitled to.

Partnership Tax Deductions
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Partnership Tax Checklist

Partnership Tax Checklist

Partnership Tax Checklist
  • Partnership financial statements
  • Partner distribution details
  • Business expense records
  • BAS and GST lodgements (if registered)
  • Super and payroll summaries (if applicable)
  • Loan and asset records

Need help getting everything together? We’ll guide you through it.

Strategic Tax Planning for Partnerships

Strategic Tax Planning for Partnerships

Tax planning helps your partnership run smarter. We help you manage obligations, split income correctly, plan for future tax return, and reduce risk—so you and your partner can build a stronger financial future together.

Strategic Tax Planning for Partnerships

ATO Audit Support for Partnerships

If the ATO reaches out, we’re here to support you. We handle all communication, provide required documents, and guide you through the process with expert advice—minimising stress and keeping your partnership on track.

Book your consultation today
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What our Client’s say

  5.0

I had an excellent experience with Abdul at Tax Savers. His expertise in tax planning and dedication to clients’ needs are truly impressive. Abdul is thorough, knowledgeable, and takes a personalized approach to ensure every detail is carefully managed.

Muhamid Siddiqui
Muhamid Siddiqui

02 Mar 2025

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  5.0

Abdur has been an excellent help with our tax returns. He is professional, knowledgeable, and incredibly supportive throughout the process. He made the entire filing experience stress-free and ensured we got the best outcome. I highly recommend him for anyone.

Kunal Aggarwal
Kunal Aggarwal

01 Feb 2025

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  5.0

I had a great experience with Tax Savers. The staff was friendly and knowledgeable, making the taxation process smooth and stress-free. They helped me maximise my deductions and guided me through the details of my tax return. I highly recommend.

Muhammad Umair
Muhammad Umair

01 Feb 2025

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Partner with Us for Business Tax Success

Partner with Us for Business Tax Success

Partner with Us for Business Tax Success

Ready to take control of your business tax and achieve your financial goals? Contact Tax Savers today. Our expert team is here to provide the guidance and support you need.

Book Your Appointment Contact Us
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Frequently Asked Questions

A partnership is when two or more people run a business together and share the income, expenses, and responsibilities. The business itself doesn’t pay tax—the partners do, based on their share.

Yes. Even though the partnership doesn’t pay tax directly, it still needs to lodge a return with the ATO each year, showing the income, expenses, and how profits are split between partners.

Yes. Each partner must include their share of the partnership’s income (and expenses) in their own individual tax return. This is separate from the partnership’s own return.

Partnerships can claim deductions for business-related expenses like rent, utilities, wages, travel, equipment, and insurance—anything that helps earn business income.

Yes, every partnership in Australia needs to have an Australian Business Number (ABN) to operate, issue invoices, and register for GST if required.

If your partnership earns $75,000 or more a year, you must register for GST. Below that threshold, it’s optional—but in some cases, it might still be beneficial.

It depends on your partnership agreement. If there isn’t one, income is usually split equally. We can help review your setup to make sure it’s fair and tax effective.

You’ll need records of income, expenses, bank statements, payroll (if any), super contributions, BAS statements, and any loan or asset documents.

If you lodge through a registered tax agent, the deadline is usually around May 15 for the previous financial year. If you lodge it yourself, it’s due by October 31.

Partnerships themselves don’t pay tax. Instead, each partner is taxed individually on their share of the partnership’s profit. The income is added to their personal tax return and taxed at their individual income tax rate.
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