Partnership accounting
Your partnership files a Form 1 (Firms) return, and every partner files their own Form 11. We prepare all of it together, so the figures match and nobody misses the October deadline.
From €695 per year, 2 partners
The precedent partner is responsible for filing the Form 1 (Firms).
TCSP licensed
Regulated by the Department of Justice
Fixed fees
Prices quoted ex VAT, agreed upfront
Deadline tracking
We file before Revenue and CRO dates
Wexford office
Or fully online, anywhere in Ireland
Plans
Priced for two partners. Each extra partner's Form 11 is €195 a year on the annual plan.
For partnerships that aren't VAT registered.
€695.00per year
Ex VAT · Includes 2 partners. €195 per extra partner.
For VAT-registered partnerships.
€179.00per month
Ex VAT
For partnerships with staff.
€229.00per month
Ex VAT
Extra partners are added to your quote on the call.
How partnership tax works
The partnership itself doesn't pay income tax. It files a Form 1 (Firms) each year showing its profit and how it is split between partners.
Each partner pays income tax, USC and PRSI on their share through their own Form 11.
The precedent partner (usually the first-named partner resident in Ireland) files the Form 1 (Firms). If no partner is resident here, the firm's Irish agent or manager files it.
Individual services
Register the partnership (Form TR1 FT) and each partner with Revenue.
From €149 one-time
Register the partnership's trading name with the CRO (Form RBN1A).
From €99 + CRO fee
Partnership return on its own where accounts are already prepared.
From €345 per year
A partner joining or leaving, with Revenue records and profit shares updated.
From €149 per change
Move the business into a company. We handle formation and tax registrations.
From €279 formation package
FAQ
It is the annual partnership tax return filed with Revenue. It shows the partnership's profit and how that profit is split between the partners. The partnership doesn't pay income tax itself; each partner is taxed on their share.
Yes. Every partner files their own Form 11 and pays income tax, USC and PRSI on their share of the profit, along with preliminary tax. We prepare the Form 1 (Firms) and each Form 11 together so the figures match.
The partnership registers with Revenue using Form TR1 (FT) and each partner registers for income tax. If the firm trades under a business name, that name is registered with the CRO on Form RBN1A. Our Partnership Registration service covers this from €149.
It depends on your profits, risk and plans. A company pays corporation tax on trading profits and adds annual accounts, CT1 and B1 filings. We can compare both structures on a free call and form the company if that's the right move.
Book a free call and we'll quote your Form 1 (Firms) and every partner's Form 11 together.