Partnership Tax Return
Fixed-fee partnership tax returns, prepared and lodged with the ATO. No hourly billing. No surprises.
- Partnership income schedule included
- Profit split across partners
- Typically lodged in 5 business days
- 100% online, Australia-wide
Your accounting software does the work. Your fee should reflect that.
A partnership with reconciled books is a structured return and a profit split. Traditional firms still charge for it like a full advisory engagement.
Hourly billing. Office visits. Separate bills for the partnership and each partner. You're paying for their overhead, not your complexity.
Fixed fee. Transparent pricing. Typically five business days. 100% online. You pay for the work, not the office.
Not sure your business is actually a partnership? Find the right service for your structure →
A better way to get your partnership return done
Transparent pricing
See the price on the page. No quoting process for standard returns, no hourly rates, no bill shock at the end.
Partners covered too
Each partner's share flows to their personal return. We can prepare those at the same time so everything lines up.
Entirely online
No office visits, no paper forms. We work with partnerships across every state and territory in Australia.
Pick the package that matches your partnership
Partnership return
Two or more partners, tidy records
- Partnership tax return
- Partnership income schedule
- Profit split across partners
- Lodgement with the ATO
- Direct access to your accountant
Complex
Employees on payroll, unusual deeds, several entities
- Everything in the standard return
- Payroll obligations
- Combined quotes across entities
- Overdue years at the standard price less 20%
How it works
Choose a package
Standard partnership return, or a combined quote with partner returns. Unsure? Contact us and we'll point you in the right direction.
Onboard online
Complete a short form and grant access to your accounting software. About 10 minutes of your time.
We prepare your return
Your accountant prepares the partnership return and the profit split for each partner.
Review and lodge
Review your completed return, approve it, and we lodge with the ATO. Done.
Common questions about partnership tax returns
How much does a partnership tax return cost?
$660 inc GST for a partnership with tidy records. Partnerships with employees or overdue years get a custom fixed-fee quote in writing before any work begins. For what firms typically charge, see our business tax return cost guide.
Do the partners still need personal returns?
Yes. The partnership return reports the business income and how it is split, then each partner declares their share on their personal return. We can prepare partner returns from $150 each so everything lines up. See our personal tax return service.
Does a partnership pay tax itself?
No. A partnership lodges a return but does not pay tax as an entity. Each partner pays tax on their share of the profit at their own rate.
How long does it take?
We aim to prepare most returns within five business days of onboarding, provided your accounts are reconciled. Turnaround varies with complexity.
What's the difference between a partnership and a company?
A partnership is two or more people sharing business income under an agreement, with profits taxed in their hands. A company is a separate legal entity with its own return and tax rate. Not sure what you have? Check your structure here.
Can you handle our BAS as well?
Yes. Quarterly BAS is $150 per lodgement. See our BAS lodgement service.
Ready to get your partnership return sorted?
Most clients are onboarded and lodged within two weeks.