August 2025 United Kingdom Partnership

We've released the following new template for ONESOURCE Corporate Tax Partnership:
Template
2024/2025
United Kingdom Partnership
1.174
This template versions will become the default template when you create a new calculation. For existing 2024/2025 calculations you will be given the opportunity to upgrade to the latest template when you next open the calculation.

Improvements to printing additional information box 3.116

We have improved the printing of additional information in box 3.116 to ensure the available space is used more effectively and to prevent the truncating of text.

Validation for the maximum length of a line in box 3.116

We have updated the validation to ensure a note line does not exceed the maximum length of 110 characters.

Partner name used for efiling

We have updated the online filing package to use the partner name that is restricted to 28 characters in order to comply with HMRC online filing requirements.

Column headings to adjust the accounting period to the tax year

We have updated the column headings which are used to adjust accounting period values to the tax year for investment income etc. This includes changing the pre tax year period to end on 5th April and ensuring columns on foreign income display in the same way.

Special rate pool calculations on a corporate tax basis

We have corrected an issue that meant additions to the special rate pool on a corporate tax basis were not being included in the AQE calculation.
Import improvements into the Statement summary sheet
We have made improvements to the import into the
Partnership statement
and sbnsidiary sheets.
Update to the date joined and date left if the calculation is produced in a foreign currency
We have updated page 7 of the SA800 to correctly report the date a partner joined or left the partnership if the the calculation currency is not GBP.
Efiling error if partnership net profit is zero
We have updated the efiling package to ensure if the partnership trading expenses equals the partnership trading income to ensure it includes a zero net profit. This prevents an efiling error.