Here at Yorkshire Accountancy, we provide a range of services that are invaluable to your partnership, including the preparation of first year LLP accounts, revenue and profit recognition and preparation of your annual report and financial statements.
Looking for reliable, affordable LLP accountants? At Yorkshire Accountancy, we specialise in fixed-fee accounting services for Limited Liability Partnerships (LLPs) across the UK. Whether you’re setting up a new LLP or managing an established partnership, our experienced team is here to help you stay compliant, tax-efficient, and financially organised.
We understand the unique structure and responsibilities of LLPs, and we offer tailored support to ensure your partnership meets all HMRC and Companies House requirements, without the stress.
Although we’re based in Yorkshire, we work with LLPs all over the UK. Using secure cloud systems, email, and video calls, we provide seamless remote support backed by a personal, friendly approach.
You’ll get a dedicated accountant who knows your LLP business and is easy to reach, no call centres, no jargon, and no being passed around.
Whether you’re an LLP in professional services, construction, consultancy, or the creative sector, we’ll give you the same attention to detail and proactive advice.
However, partnerships are becoming more and more popular. Its mainly due to the added protection given to partners due to the limited liability status that a partnership provides.
Just like a company, your partnership must be registered with Companies House and you must file accounts annually. Your accounts will be quite similar to a company’s accounts, but your taxes will be different.
Unlike the profits of a company, which are subject to corporation tax. The profits of a limited liability partnership (LLP) are taxable on the members of the partnership who will pay income tax on their share of the profits.
We can guide you through your partnership in the early day. Helping you get set up so everything is smooth sailing.
We will submit a self-assessment tax return for each partner and the partnership. Hence helping to keep things simple and straightforward at your end. Each partner will pay income tax on their share of the profits. We can offer you expert advice and guidance.
We also deal with all HMRC correspondence and advise you on what action to take. The tax due on the business profits is due to be paid by instalments. Therefore we help you keep on top of deadlines. So there won’t be any nasty fines coming your way.
We work with LLP’s s throughout the region. Find out more via our pages for accountants in Hull, Leeds, York, Sheffield, Bradford, Wakefield, Doncaster, Rotherham, Beverley, Cottingham, Castleford, Goole, Selby and Scunthorpe, or see the full list of areas we cover.
Please call or email to arrange your FREE consultation for any of our services.
We’re a modern, friendly and proactive accountancy service.
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Our goal is to remove as much time and stress from the accounting side of your business so that you can focus on what matters more to you.
