DMBM530160 - Debt and return pursuit: VAT: liability for payment: Limited Liability Partnerships (LLPs)

The majority of this manual will be archived on 30 Apr 2024. If there is content within this manual you use regularly, email hmrcmanualsteam@hmrc.gov.uk to let us know.

A limited liability partnership formed and incorporated under the Limited Liability Partnerships Act 2000 (c.12) is a body corporate separate from its members. It is registered with Companies House. The court may wind it up (but see DMBM530150).

Members of a limited liability partnership are generally liable only to contribute to the assets of the limited liability partnership in the event it is wound up.

For VAT purposes a limited liability partnership is registered in the name of the partnership.