A Guide to Dissolving a Partnership
- Price: £3.60
- Published: November 2014
- Type: Business Information Factsheet
- Format: PDF
Partnerships may be dissolved by an agreement between partners or by notice of dissolution given by one partner to the others. However, it is important to seek advice regarding certain legal, taxation and financial matters if you take this course of action.
This factsheet explains how to go about dissolving a partnership, and covers the implications of partnership agreements and the Partnership Act 1890.
The factsheet is not intended to be a comprehensive guide to this specific area of the law and does not apply to individual situations. You should consult a lawyer if you require specialist information and advice on this topic.