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LLPs to face NI contribution hike in move to clamp down on taxing self-employed staff
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Our specialist team advises on the legal issues affecting partnerships, limited liability partnerships (LLPs) and the individuals and teams within them.
We advise partnerships and LLPs in traditional professional services, such as law firms, accountants, surveyors and architects. With the growing use of LLPs as a mainstream business vehicle, we also advise businesses in sectors as diverse as healthcare, marketing and communications and financial services. Drawing together individuals with backgrounds in corporate, dispute resolution, discrimination and employment law and specialist knowledge of specific business sectors we have created a team with the genuine ability to advise on all the issues that arise for businesses and individuals trading as partnerships or LLPs.
We advise on LLP and partnership agreements, formations, conversions of companies and partnerships to LLPs, joint ventures, mergers and sales, expulsions, the duty of good faith, discrimination issues, remuneration structures, dissolutions and insolvency.
Partnership & LLP
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the Partnership & LLPs team
Government to consider tax changes for LLP MembersBy Clive Greenwood
The closing down and pursual of tax avoidance schemes by the Government could have a a significant impact on a huge number of limited liability partnerships, and the management of LLPs should keep close eye on any changes.
Joining a partnership
At a time when movement between partnerships is common and individuals are motivated to become partners, they often fail to appreciate what it means to be a partner and how they may be affected by the terms of a partnership agreement.
Area of law: Partnership & LLP22nd May 2013, 09:00am - 10:30am, 5 Chancery Lane, Clifford's Inn, London, EC4A 1BL
LLPs to face NI contribution hike in move to clamp down on taxing self-employed staffBy Clive Greenwood
Commenting in a Legal Week article, Clive Greenwood talks about the need for clarification surrounding the definition of Limited Liability Partnerships (LLPs) when discussing the National Insurance Contributions Bill.
The Bill, which was formally announced in the Queen's Speech on 8 May, would remove the presumption of self-employment for LLP members from April 2014.