By admin | July 24, 2014 | 0 Comment
Starting a new business can be an intimidating prospect, at ADK we have many years’ experience in business start-ups and can help you get to grips with the intricate details of running your own business.
One of our specialist areas is tax efficient trading structures and in particular Limited Liability Partnerships (LLPs).
LLP’s were a type of trading entity introduced around 12 years ago to enable partners within a general partnership to obtain limited liability for exposure of errors made by other partners. An LLP provides partners with Limited Liability but the profits are distributed the same as general partnerships via the self-assessment arena.