Documents related to current tax year or to no specific tax year
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