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Thin end of the wedge? LLPs brace for major tax overhaul

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NEWSDECK ANALYSIS
Limited Liability Partnerships (LLPs) are a common structure for professional services firms and investment companies in the UK, offering partners flexibility in management and taxation. The tax treatment of LLPs has been a subject of discussion among policymakers and industry experts, with some arguing that the current system can create opportunities for tax avoidance. Changes to the tax rules governing LLPs could have significant implications for high-earning individuals like Alex Gerko, as well as the firms they work for.
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Thin end of the wedge? LLPs brace for major tax overhaul
The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs [...]
2 Jul, 04:08
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