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!
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Previously on "LLP vs LTD"
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Originally posted by rob78 View PostIs 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?
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There are some newbie guides to the right if you would like to read them.
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Originally posted by rob78 View PostIs 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?
One has no bearing on the other, IR35 is all about contracts and working practices.
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LLP vs LTD
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?Tags: None
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