Readers’ forum: Dispute over the allocation of profits among partners

I act for a highly profitable partnership of three otherwise unconnected individuals. I also act for one of the three individuals in respect of her personal tax. The other two partners are represented by two different firms.

There has been a big disagreement between the partners over the allocation of profits which has not been resolved. I waited as long as I could before submitting the partnership return for 2023-24 but I did eventually submit it with the profit allocation advised to me by the reporting partner (who is not my client).

I advised the three partners of the figures to include on their tax returns. I don’t know whether the two partners who I don’t represent personally will have used them. The partner for whom I act believes that she was entitled to a greater profit share than the one allocated to her and wants to take things...