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I set up a partnership in Scotland initially as a normal
I set up a partnership in Scotland initially as a normal partnership but then it was changed to an LLP last August by using a Formations company on line. Subsequently my business partner has been decl… read more
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Hi I used to be a Residential Care Home proprietor for about 20 years, but also worked full time for the NHS, while my wife was employed as the Manager. The Business had two partners, myself and am el… read more
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I am setting up a new business and have heard of the option
I am setting up a new business and have heard of the option of setting up an LLP and LTD to work in tandem to maximise tax efficiencies. Is this correct and how would it work with payroll etc? To clar… read more
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i am about to purchase a commercial catering business which
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Hello My partner an I have purchased a holiday let property
Hello My partner an I have purchased a holiday let property (joint-tenants) and would like to understand the implication of directing the rental income through the account of the one of us with the lo… read more
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My partner and I are both currently in full time employment
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I am changing the status of my Compnay form Partnership to
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HI, In 2007 I had some work done to my home to create a studio
HI, In 2007 I had some work done to my home to create a studio for my visiting business partner to stay instead of running up hotel bills. I put the expenses on to the company books although the money… read more
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My friends are planning to start a Accounting Practice firm.
My friends are planning to start a Accounting Practice firm. This will be a two partner firm with a scope of expanding to three partners in the future. What is the best course of action for registerin… read more
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Hi Tony, Another partnership question. The two partners who
Hi Tony, Another partnership question. The two partners who left were partners in an LLP- which consisted of 3 individuals and a Dormant Limited Company. The Ltd company did not participate in the pro… read more
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I have a business that is a partnership (3 partners for tax
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i am running a bussines, now i want to take a partner, can
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I might be facing a VERY large CGT bill from AIM FI oil exploration
I might be facing a VERY large CGT bill from AIM FI oil exploration shares . Is there a legal way to defer CGT by for example creating a limited company and then purchasing a business with reference t… read more
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Question regarding an LLP I am a doctor and have an NHS salary,
Question regarding an LLP I am a doctor and have an NHS salary, but also an newly LTD company that operates as a private clinic and making only losses so far.. I am thinking of setting up an LLP, tran… read more
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i am in a partnership carrying out legal services 2 partner
i am in a partnership carrying out legal services 2 partner firm with 50% share each we have made a gross profit of £80000 each in our first year with projected earnings for next year almost double th… read more
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We are a partnership and are incorporating into a limited company.
We are a partnership and are incorporating into a limited company. What happens to the value of the partneship and how will that be accounted for in the LTD company's books. Further will i and my part… read more
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