To ask His Majesty's Government what assessment they have made of the amount of national insurance contributions which would be raised if all partners of Limited Liability Partnerships were subject to employers' National Insurance contributions.
26 October 2022
No such assessment has been carried out as the Government has no current plans to subject members of a Limited Liability Partnerships (LLPs) to employer National Insurance contributions (NICs).
Individual members of LLPs are taxed in the same way as partners in a general partnership, paying Class 4 and Class 2 NICs like other partners and self-employed individuals. If members fall within the salaried member rules introduced by the Finance Act 2014, they are taxed as employees, paying Class 1 NICs.