PM235000 | Other related guidance

The following sections look at the application of the excess profit allocation rules to specific issues.

Guidance on the position when an existing business carried on by someone else is transferred to an LLP can be found at PM236000.

Guidance on the position where a third party takes over the LLP, but the business continues in the LLP can be found at PM238000.

Guidance on the position when an external party or parties injects capital into the partnership, such as a Private Equity firm, can be found at PM239000.

Guidance on the position when the UK partnership is seeking to raise finance by issuing shares in a corporate partner to be traded on a stock exchange can be found at PM240000.

Guidance on the position where an LLP has a structure that approximates to a share scheme can be found at PM241000.

Guidance on the position when the UK partnership is a member of a wider International grouping can be found at PM242000.