Partnerships - Tax Planning and Tips

Course outline:

This course will consider the tax position of partnerships, including LLPs, and reviewing common transactions for such businesses.  

The course will cover the following topics:  

• A brief overview of the tax treatment of partnership business profits including use of losses 
• The tax issues for LLPs  
• The capital gains tax arising on partnership transactions and pitfalls when planning certain transactions  
• Attacks by HMRC on the use of partnerships in tax avoidance 
• Stamp Taxes for partnerships:  practical examples of common issues  
• Foreign aspects for partnerships  

 The content for online courses predating 2024 may vary.

CPD Hours: 3