Late partnership SA return?
Help! I think I might be having a senior moment.
New partnership commences 1 August 2009 and the first accounting year end is 31 August 2010.
We didn't complete a 2010 partnership return as, a) I thought that as the first year end fell in 2010/11, this was the first return that had to be submitted, (there were no figures that could be entered onto the return), and b) IRIS wouldn't produce one, reporting that there were no figures to disclose for the year. We did, however, put the respective taxable shares, (apportioned 5 April), on the individual SA returns.
HMRC say I'm wrong, and a 2010 return was due, and I'm starting to think they're right. Are they?
All/any help appreciated.
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