HMRC Suspicious of Partnerships and LLPs

A report by the Office of Tax Simplification, OTC, highlights HMRC’s suspicions of partnerships and LLPs especially. This is unfair as a partnership is a simple and long-established business model and many professions are pushed into operating that way by their regulators. In addition the report pinpoints failings in the tax system in not helping a partnership business of the same size as a limited company or sole trader.

Eamon McNicholas
Tax Barrister, Accountant

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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