Continuing our series of basic informative articles in the second of two articles Graeme Blair Tax Director BDO Stoy Hayward LLP considers the commercial consequences of using a Limited Liability Partnership
In my previous article I highlighted the direct tax sequences of operation through a Limited Liability Partnership (LLP). In this article I will concentrate on the commercial consequences of use of an LLP. Statutory references will either be to the Limited Liability Partnerships Act 2000 (LLPA 2000) or the Limited Liability Partnerships Regulations 2001 (LLPR 2001).
To put my comments in context it should be understood that the LLPA 2000 was a framework Act. This means that it dealt with basic concepts and anticipated secondary legislation to provide much of the practical detail. LLPR...
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Continuing our series of basic informative articles in the second of two articles Graeme Blair Tax Director BDO Stoy Hayward LLP considers the commercial consequences of using a Limited Liability Partnership
In my previous article I highlighted the direct tax sequences of operation through a Limited Liability Partnership (LLP). In this article I will concentrate on the commercial consequences of use of an LLP. Statutory references will either be to the Limited Liability Partnerships Act 2000 (LLPA 2000) or the Limited Liability Partnerships Regulations 2001 (LLPR 2001).
To put my comments in context it should be understood that the LLPA 2000 was a framework Act. This means that it dealt with basic concepts and anticipated secondary legislation to provide much of the practical detail. LLPR...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
