Limited Liability Partnership (LLP)

Governed by Companies House, Partners own and control.
Profits taxed at Income Tax Rates and Class 2 & 4 National Insurance.

This type of company has been around for a while now but still so many people know little
or nothing about them. They have similar features to a partnership but have the added bonus
of "limited liability".

As with Limited Companies, LLP's are also governed by Companies House and therefore
require the additional paperwork.

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