[12AB Partnership return to include partnership statement]
Taxes Management Act 1970 (1970 c 9) | Legislation

[12AB  Partnership return to include partnership statement]

[[(1)     Every [section 12AA] [partnership return] shall include a statement (a partnership statement) of the following amounts, namely—

(a)     in the case of [the period in respect of which the return is made and each period of account ending within that period]—

(i)     the amount of income or loss from each source which, on the basis of the information contained in the return and taking into account any relief or allowance a section 42(7) claim for which is included in the return, has accrued to or has been sustained by the partnership for [the period in question],

[(ia)     the amount of the consideration which, on that basis, has accrued to the partnership in respect of each disposal of partnership property during that period, [and]]

(

ii)     each amount of income tax which, on that basis, has been deducted or treated as deducted from any income of the partnership, or treated as paid on any such income, for that period, [. . .]

(iii)     . . .

(iv)     . . . and

(b)     in the case of each such period [as is mentioned in paragraph (a) above] and each of the partners, the amount which, on that basis and (where applicable)

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