Is a partnership the right business type for you?
When you start a business, you have to do everything alone. So, many choose to set up a business with someone else, in the form of a Partnership.
A quick guide about keeping records for your tax return
If you need to fill in a tax return every year you will also need to keep the records related to the tax year in question. This is the case whether you are an employee, self-employed or run a Limited Company. The rules for keeping records are, however, a bit different for each category.