Sole Trader to Partnership During the Accounting Period and Tax Year

Mr Alpha is a trader until 1 June 2003, when Mr Beta joins as a partner.  The account period end runs to 31 March.

Business Tax:

• Generates a 2004 partnership return for the 31 March 2004 period end with a date of commencement of 1 June 2003 automatically entered in 3.7.

Personal Tax:

• Generates partnership pages from the 2004 tax year onward.