Ltd Company and partnership

[divot]

Hi, I probably can guess the answer to this but just for confirmation and make sure I haven’t overlooked anything: -
1. Ltd. Company VAT registered, but this year made losses.
2. Partnership NOT VAT registered but made profit this year.
I am director/owner of both.
Can I transfer profits from Partnership to Ltd. Without incurring VAT?

Thank you for your time in Advance

[pawncob]

You can "gift" the profits to the LTD if you wish, but they'll still be assessed on you.(and they'll end up as a loan in the LTD). (So No.)

[Jerome_Lane]

If the Limited company was a member of the partnership and received a profit share, then this would be entirely possible. You have not made the exact structure clear. You can contact me on 01276 61203 or 07943005902 if you want to discuss.