In this month's exclusive Accountancy Daily CPD module, find out how to establish the differences between a partnership and a limited liability partnership (LLP), how LLP profits are taxed and why there is a need for an anti-avoidance rule

This module will enable you to:

•  understand the principles of how limited liability partnership (LLP) profits are taxed;
   
• understand the background to the legislation and why there was a need for an anti-avoidance rule; and
   
• identify the three conditions that need to be met for the rule to apply and when they should be determined.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course is prepared by Laura Burrows.

Play the CPD module here

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