By Sackers* Limited Liability Partnerships (“LLPs”) should heed the recent Supreme Court decision in the Clyde & Co v Bates van Winklehof case says Ferdinand Lovett, associate at Sackers, the UK’s leading law firm for pension scheme trustees and sponsors. The Supreme Court ruling confirms that members of an LLP can be “workers” for the purposes […] Read more »
Do You Need to Make Changes to Your UK LLP Agreement?
By Steven Whittaker and Nicholas Fagge, Schulte Roth & Zabel LLP Background In May 2013, HM Revenue and Customs (“HMRC”) consulted on proposals in two areas to tackle perceived tax avoidance via partnerships. The first area was disguised employment in Limited Liability Partnerships (“LLPs”) and the second was the tax-motivated allocation of business profits […] Read more »