Limited Liability Partnerships (LLP)

At Booth Ainsworth, we can help you chose the most effective and tax efficient structure for your business circumstances, such as limited company, partnership or limited liability partnership (LLP), bearing in mind that each structure has its own rewards and disadvantages, and is subject to different regulations. In particular, because the tax implications are the main consideration, we explain clearly the tax efficiencies offered by each alternative, to help you with your decision.

Many of our clients have converted to LLP with our help. An LLP gives you the commercial benefit of an incorporated company, including limited liability for the members, but with all the organisational flexibility of a partnership. As an LLP, you can take advantage of profit extraction and tax transparent limited liability.