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LLP

What is an LLP? Advantages & Disadvantages

A limited liability partnership (LLP) is similar to an ordinary partnership in that a number of people or limited companies join together and share the costs, risks, and responsibilities of the business. They also take a share of the profits and pay income tax and NICs on their share of the partnership profits.

Vat Guide for Beginners

Vat Guide for Beginners

Most purchases carry a VAT charge. Levy Value Added Tax (VAT) on most business transactions

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