In this article on Partnership Tax, we will take a look at some of the latest developments in practical tax matters relating to Partnerships.  Incorporation of a Business within an LLP The increased usage of …

The case of Orsman v HM Revenue and Customs (TC01921) highlights that care should be taken when attributing sale proceeds between land and ‘chattels’ such as fixtures and fittings. In this case the taxpayer sold a property for £258,000 …