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Government confirms crackdown on LLP taxation

December 2013
James Hutchinson

The Chancellor confirmed in yesterday’s Autumn Statement the Government’s plan to remove the presumption of self-employment from limited liability partnerships and to counter the artificial allocation of profits to partners. 

The proposed changes are of particular interest to the investment management industry, lawyers, accountants and construction professionals practising as LLPs.

For further information please read our article here.

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