Three partners intend to acquire an old house which is currently subdivided into four flats. They plan to renovate the entire property and then sell all four flats separately
Clients trade through a limited company which makes approximately £100,000 a year. The company also owns farmland with a potential gain of about £10m if planning permission is granted. The clients plan a move to Germany
A limited partnership carries on an investment business. The individual partners each have a very small capital interest in the partnership and have also contributed a large amount that they have raised by way of loans
A limited liability partnership will be paid a success fee by an overseas client in the form of share options. Advice is required on the accounting and tax treatment of these