I have two new clients (mother and daughter) both registered as self employed, paying class 2 NIC's but have been operating as an informal partnership since 6 April 2013 which they have not registered with HMRC. I can't see any time limits for notifying the registration of the partnership on HMRC website and would there be any penalties for late notification?
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Pretty sure it's 5 October 2014
I'm pretty sure it follows the same regs as registering self employed, ie 5 October after tax year end.