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Why Choose an LLP? A Brief Idea of the Benefits and DrawbacksWhat is an LLP? A Limited Liability Partnership (LLP) is a business structure combining features of both partnerships and corporations. The design of this business is in a way, as it provides ...
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LLP: An LLP is taxed as a partnership organization. The income of an LLP is taxed for 30% on profits, plus applicable surcharge and cess. There are no dividend distribution taxes (DDT) in LLPs, which ...
The Court of Appeal has remitted the case of BlueCrest Capital Management (UK) LLP (BlueCrest) v HMRC back to the First-tier ...
HMRC wins appeal against BlueCrest LLP, risking £200 million tax liability. Court rules certain members as employees for tax ...
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