Thank you feedback.
So I would like to push you on a few of the details please:
1. Will NI be payable on a partners income in the case of a LLP?
2. What capital gain charges are applicable in the case of the Ltd company?
3. What capital gain charges are applicable in the case of the LLP?
4. I expect that there is likely some kind of capital appreciation after which one form is more tax efficient than the other in terms of capital gain, due to the differing limits and rates between a LTD and a LLP.
We understand the tax payable on any rental income that exceeds the maintenance costs in the partnership and the LTD company. What we're not familiar with, is the CGT and how that differs.