MTT51310 | Administration: Filing member: Dissolved partnership - administration obligations

In some cases, deemed continuity rules apply to partnerships to deem there to be continuity for the partnership (see MTT42010).

Where deemed continuity rules do not apply and a partnership is dissolved for MTT purposes, the partnership is treated as a continuing entity for the purpose of dealing with its rights and obligations under MTT, for all accounting periods up to dissolution.

For administration purposes, each person who was a partner of the partnership in the accounting period ending with the dissolution is treated as being a partner of that continuing entity.

This is set out in section 232A of Finance (No.2) Act 2023.