SolvedCrossheading Calculation of partners' shares
From legislation.gov.uk
Contents
- Section 849 Calculation of firm's profits or losses
- Section 850 Allocation of firm's profits or losses between partners
- Section 850A Profit-making period in which some partners have losses
- Section 850B Loss-making period in which some partners have profits
- Section 850C Excess profit allocation to non-individual partners
- Section 850D Excess profit allocation: cases involving individuals who are not partners
- Section 850E Payments by B out of the excess part of B's profit share
- Section 851 Calculations etc. where firm has other income or losses