SolvedCrossheading Calculation of partners' shares
From legislation.gov.uk
Contents
- Section 1259 Calculation of firm's profits and losses
- Section 1260 Section 1259: supplementary
- Section 1261 Accounting periods of firms
- Section 1262 Allocation of firm's profits or losses between partners
- Section 1263 Profit-making period in which some partners have losses
- Section 1264 Loss-making period in which some partners have profits
- Section 1264A Excess profit allocation to non-individual partners etc
- Section 1265 Apportionment of profit share between partner's accounting periods