LLP vs LTD

[Nixon Williams]

No advantage at all as has been said.

With a LLP, this is more suited to a business with more than one person, as it is a partnership it is hard to set one up if there is just one of you!

[Ignis Fatuus]

Is there any advantage to trading through an LLP vs LTD co i.e. does the fact that the LLP by definition has limited liability and is therefore more risky to the members in anyway mitigate IR35 regulation?

The Ltd Co also has limited liability (that's what the "ltd" stands for). In what way would limited liability be MORE risky?

[northernladuk]

There are some newbie guides to the right if you would like to read them.

[rob78]

Thanks - clears that one up

[cojak]

Is there any advantage to trading through an LLP vs LTD co i.e. does the fact that the LLP by definition has limited liability and is therefore more risky to the members in anyway mitigate IR35 regulation?

In what way can it mitigate?? They are totally different pieces of legislation.

One has no bearing on the other, IR35 is all about contracts and working practices.

[malvolio]

Is there any advantage to trading through an LLP vs LTD co i.e. does the fact that the LLP by definition has limited liability and is therefore more risky to the members in anyway mitigate IR35 regulation?

No.

HTH

[rob78]

Is there any advantage to trading through an LLP vs LTD co i.e. does the fact that the LLP by definition has limited liability and is therefore more risky to the members in anyway mitigate IR35 regulation?