This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Partnership Manual

Limited partnerships and limited liability partnerships: introduction

As per the guidance at PM10700, Limited Partnerships (LPs) and Limited Liability Partnerships (LLPs) are generally treated in the same way as general partnerships for tax purposes. This chapter aims to summarise some of the main issues and special considerations needed in respect of LPs and LLPs.