Partnerships
Partnership return guide 2011 IR7G
(published February 2011)
About this guide
This guide has information about how to file the IR7 for 2011.
Adobe Acrobat PDF | 136kb | 22 pages
When to use this guide
When two or more people are in a business partnership, they must file an Income tax return: Partnerships (IR7), showing the total income after expenses and distribution to partners.
Each partner must file a personal tax return showing all income, including a share from the partnership. The partnership is not assessed for tax, but each partner is liable for tax on their share of income from the partnership.
What you will need