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PM258000 | Condition C- Contributions to the LLP

From HM Revenue & Customs · Partnership Manual

Condition C looks at the level of investment made by an individual member in the LLP.

Condition C is not satisfied if the individual member has made a significant investment in the business so they have a real risk resting on the success or failure of the business.

For those that prefer, the guidance in this section is below.

Contents7 entries

  1. PM258100Overview
  2. PM258200What is the contribution?
  3. PM258300When to apply the test
  4. PM258400Becoming, or ceasing to be, a member part way through the year
  5. PM258500A change in the contribution part way through the year
  6. PM258600Deemed contributions
  7. PM258700Failure to make the payment