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Mr Alpha and Mr Beta are in partnership with an account period end date of 31 December.
Mr Beta leaves the partnership on 31 January 2004.
Business Tax:
Generates two sets of partnership return pages:
One for the accounting period which ends during the tax year, 31 December 2003
One for the accounting period which ends during the next tax year, 31 December 2004
Both sets of pages will contain:
figures on the trading and professional income pages
A date of cessation in box 3.8
A date of cessation against the departing partner.
Partnership pages should not be generated in the following tax year
as they have already been returned in the preceding period.
Personal Tax:
Generates partnership pages for all partners for the 2004 tax year and the 2005 tax year.
For periods after that Personal Tax will generate self employment pages for Mr Alpha.