Our corporate team has the technical expertise to advise traditional and limited liability partnerships at all stages of their lifecycle on optimising their structure and governance, typically to mitigate tax risk whilst preserving the positive aspects of a partnership model, and the ethos and culture that underpins the success of their business.
Led by Adrian Seagers, we work closely with our in-house tax experts, or with your own tax advisors if preferred, to ensure that your business is structured in the best way to achieve your goals. Our focus is on finding the right model for you, based on the unique context of your business.
Restructuring a partnership or LLP can have wide-reaching cultural consequences across the business, so the team works seamlessly across departments to bring together skills from tax, banking and finance, and employment to ensure a smooth transition.
Although there was speculation ahead of the 2025 Budget about the possible introduction of an employer-style National Insurance charge to LLP and partnership profits, nothing has been announced so far. However, it is likely this will remain an area that will continue to attract scrutiny, and future changes should not be ruled out.
Key Contacts
