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Contents

Official guidance
Partnership Manual

PM162000 · Computation and assessment

  • PM163010 · Profits and losses computed at partnership level
  • PM163015 · Template when a partnership receives 5 or more separate income sources from other partnerships
  • PM163020 · Changes of partners
  • PM163025 · Trade losses - restriction of relief
  • PM163030 · Individual, company and non-resident members
  • PM163040 · Allocation of profits and losses
  • PM163050 · An allocation must not create or increase a loss
  • PM163060 · Allocation examples of profits and losses
  • PM163070 · Steps to calculate the partnership trading profits
  • PM163080 · Partner's notional trade
  • PM163090 · Commencement and cessation
  • PM163100 · Basis period rules
  • PM163110 · Change of partnership accounting date
  • PM163120 · Effect of changes in membership on partner’s basis periods
  • PM163130 · Investment business: partner's basis period
  • PM163140 · Examples of partnership computations
  • PM163150 · Examples of partnership computations with indirect partners
  • PM163155 · Notional trade and basis periods
  • PM163160 · Notional trade and basis periods - sole trader and partnership changes
  • PM163170 · Partnership mergers and demergers
  • PM163180 · Accounting date changes
  • PM163190 · Trading profits: overlap
  • PM163195 · Averaging
  • PM163260 · Partnership expenses
  • PM163460 · Other income
  1. Computation and assessment: contents
  2. Partnership mergers and demergers

PM163170 | Partnership mergers and demergers

From HM Revenue & Customs · Partnership Manual

There are some special considerations relating to the tax treatment for partnership mergers and demergers. Further guidance is available in PM135000.

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