Taxes Consolidation Act 1997 section 959M

Delivery of return by precedent partner

Section 959M requires the precedent partner of a partnership to file a return on behalf of the partnership as if that partner were a chargeable person.

• The precedent partner is deemed to be a chargeable person for the purposes of the self-assessment return filing obligations.
• The return must be delivered to the Collector-General on or before the specified return date for the chargeable period in question.
• The return required is the same as would apply under section 880 had a notice been issued to that partner before the specified return date.
• In practice, the return is the partnership return filed on Form 1 (Firms).