Unlimited LLP accounting support
Software for income & expenses
Dedicated LLP accounting team
Agreed accounts & returns handled
Bookkeeping for your partnership
Tax & filing deadline reminders
Work with accountants who understand your LLP and its members. Keep business accounts and agreed member returns coordinated, with practical explanations of the figures behind your partnership.
Keep invoices, receipts and payments organised with connected accounting software. Share clear records with your accounting team, reducing the time members spend gathering information for accounts and returns.
Choose accounts, partnership returns and member tax support around your LLP’s needs. Add bookkeeping, VAT or payroll where required, with monthly fees and service limits agreed upfront.
Get unlimited accounting support within your agreed package. Understand profit allocations, drawings and member balances, with specialist tax questions and changes in membership scoped separately where needed.
Keep Companies House filings and HMRC reporting dates in view. Get reminders for your agreed services, with clear guidance on the records and approvals needed before submission.
Get LLP accounting support that works for your partnership
Choose support around your LLP and its members. Explore annual accounts, partnership tax returns and member tax services, then add bookkeeping, VAT or payroll where needed. Use the form below to build your quote and see your monthly fee.
"Very helpful company and service. The cost is highly competitive and the installments make it a great option for traders looking balance their outgoings. This low cost doesn't impact the quality received. Easy onboarding, very clear systems in place for usage and excellent service when working out yearly tax. All done 6 months before deadlines. Very happy and will continue to have their support"
"Worked with Chris for a few years. He went above and beyond what I would have expected and helped me navigate a few tricky tax situations that saved me a lot of time and money. These guys are definitely worth the price. Great service and availability."
"I moved to Accounting Wise after issues with my previous accountant, Chris and the team have been fantastic since I joined, anything I've needed help with they have been more than accommodating, taking time to explain things I didn't know or hadn't been told, efficient and trustworthy which is exactly what I was looking for"
"Great team with attention to detail. Their communication and pricing is very clear, timely and friendly."
"They know what is required, and they do it. They make running my business a breeze - I can focus on the business because the accounting is sorted."
"Great value for money. Robbie is 10/10 for our business. We've recommended many other companies to A-Wise."
Rated Excellent on Trustpilot: 4.8 out of 5, 96% of them 5-star (checked October 2026). Read all reviews.
Get started with the right Limited Liability Partnership Accounting solution
You’re free to leave whenever you like, we’re just confident you won’t want to. Come and go as you please, no lock-ins and no catch.
Your LLP’s accounts, partnership tax return and members’ tax reporting need consistent figures. Choose support for your agreed filings, then add bookkeeping, VAT or payroll services around your records, team and plans.
We prepare your LLP’s annual accounts, explain the figures and manage the agreed Companies House filing. Members review and approve the accounts before submission, with clear guidance on the records needed and the work covered.
For LLPs taxed as partnerships, we prepare and submit the agreed SA800 return, including relevant income, expenses and member profit allocations. Get consistent figures for members’ tax reporting, with the records and approvals required clearly explained.
Keep invoices, receipts and bank transactions organised alongside member contributions and drawings. Choose software guidance or managed bookkeeping, with service limits agreed upfront, so your accounting team has clear records for accounts and tax reporting.
We help individual members report their allocated LLP income alongside other personal income within scope. Keep agreed returns consistent with the partnership figures, with member numbers, income sources and any additional work confirmed in your quote.
Get support with your LLP’s VAT records and returns using compatible accounting software. We discuss registration, relevant schemes and filing deadlines, with ongoing preparation and any additional services clearly agreed around your turnover and business needs.
Manage employee pay with agreed payroll calculations, payslips and HMRC submissions. We also discuss whether salaried member rules require closer review, with payroll scope, pension administration and any specialist member-status advice confirmed before work begins.
Keep your LLP’s registered information and confirmation statement organised alongside its annual accounts. We explain the administration covered by your engagement, relevant filing fees and any additional support needed when members or registered details change.
Understand how agreed profit allocations, drawings and capital balances connect with members’ tax reporting. We explain the accounting implications of your arrangements and changes in membership, with complex tax planning or legal advice scoped separately where needed.
Get started with the right business accounting solution today!
Keep your LLP accounts, profit allocations and members’ tax reporting connected with an experienced accounting team. Our fixed-fee packages provide clearly agreed services and practical advice, helping members understand the figures and prepare for their reporting responsibilities. Our accountants hold a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm.
Get started with the right Limited Company Accounting for your Business
From a newly registered LLP to an established partnership welcoming new members, your accounting needs evolve. Get support tailored to your records, profit-sharing arrangements and the reporting responsibilities of your LLP and its members.
Start with organised records and clear accounting responsibilities. We discuss bookkeeping, relevant tax registrations and how member contributions and profit shares will be recorded, helping you prepare for your first accounts and agreed returns with support tailored to your LLP.
Keep LLP accounts and members’ tax reporting consistent as your business develops. We help you understand profits, drawings and member balances, with practical guidance on the records needed and services agreed around your existing arrangements and day-to-day partnership accounting needs.
Keep your accounting support aligned with increasing transactions and a growing team. Add bookkeeping, VAT or employee payroll where required, with clear service limits and regular discussions about your records, reporting responsibilities and the accounting needs of your LLP’s members.
Keep your accounting records clear when membership changes. We review relevant dates, agreed profit allocations and member balances, helping you understand the reporting implications and records required, with specialist tax or legal advice identified separately where your arrangements need review.
Move with a clear handover plan for your LLP and the members we support. We can liaise with your previous accountant, review available records and agree outstanding work, with upcoming deadlines and any additional costs identified before your service begins.
Understand what still needs attention when your LLP stops trading or falls behind. We review its status, available records and outstanding obligations, then agree the accounts, filings or catch-up work required, with likely timescales and fees explained before we start.
Professional practices, consultancies and other member-run businesses have different accounting needs. We tailor support to how your LLP earns income, manages costs and records members’ interests, keeping business figures connected with agreed tax reporting.
Choose annual accounts preparation, bookkeeping support and individual members’ Self Assessment services, with VAT and employee payroll available where required.
From client invoices and shared business costs to member contributions and drawings, we help organise the records behind your LLP. Changes in membership, corporate members and complex profit-sharing arrangements can be reviewed and scoped separately.
Get started with the right business accounting solution today!
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https://a-wise.co.uk/wp-content/uploads/2026/09/Accounting-Wise-key-UK-accounting-dates-October-2026.webp 423 1600 Accounting Wise https://a-wise.co.uk/wp-content/uploads/2024/11/Accounting-Wise-Logo-Uk-Online-Accountant.webp Accounting Wise2026-10-22 12:57:112026-10-22 13:07:17Key UK Accounting Dates November 2026
https://a-wise.co.uk/wp-content/uploads/2026/10/Accounting-Wise-understanding-statutory-declarations.webp 423 1600 Accounting Wise https://a-wise.co.uk/wp-content/uploads/2024/11/Accounting-Wise-Logo-Uk-Online-Accountant.webp Accounting Wise2026-10-21 09:09:452026-10-19 09:30:06Understanding Statutory Declarations and when they are Required
https://a-wise.co.uk/wp-content/uploads/2026/10/Accounting-Wise-UK-cryptocurrency-tax-overview.webp 423 1600 Accounting Wise https://a-wise.co.uk/wp-content/uploads/2024/11/Accounting-Wise-Logo-Uk-Online-Accountant.webp Accounting Wise2026-10-19 08:36:332026-10-19 09:20:51UK Cryptocurrency Tax OverviewWhat is a limited liability partnership (LLP)?
A limited liability partnership (LLP) is a business structure with at least two members, where members are not personally liable for debts the LLP cannot pay. Members are taxed on their share of the profits, as in an ordinary partnership, and a member can be a person or a company.
An LLP is registered with Companies House and is a separate legal entity. See GOV.UK’s guide to LLPs, or explore our LLP accounting service.
How much does LLP accounting cost?
Accounting Wise LLP packages start from £20 per month, with 50% off our services for the first 6 months when you sign up to a Pre-Built or Bespoke package. Your fee depends on turnover, transaction volume, the number of members and the services you add.
See LLP accounting pricing or build a quote with the package builder on this page. Your quote shows what is included, any limits and VAT on our fees before you start.
Do I need an accountant for my LLP?
No, an accountant is not a legal requirement, but an LLP has more to file than an ordinary partnership. Designated members must keep accounting records, send annual accounts and a confirmation statement to Companies House, and every member must register for Self Assessment.
An accountant coordinates the LLP accounts, the Partnership Tax Return and each member’s personal return, and tracks the deadlines. Designated members keep their legal responsibilities, so we agree what we handle and what you provide.
What are the key deadlines for an LLP?
LLP accounts are due at Companies House 9 months after the accounting reference date, with later limits for a long first period. For the 2025 to 2026 tax year, the Partnership Tax Return is due by 31 October 2026 on paper or 31 January 2027 online.
| Requirement | Filed with | Deadline |
|---|---|---|
| Annual accounts | Companies House | 9 months after the accounting reference date (first accounts over 12 months: the later of 21 months from incorporation or 3 months from the reference date) |
| Confirmation statement | Companies House | At least once every 12 months |
| Partnership Tax Return (SA800), paper | HMRC | 31 October 2026 (2025 to 2026 tax year) |
| Partnership Tax Return (SA800), online | HMRC | 31 January 2027 (2025 to 2026 tax year) |
| Each member’s Self Assessment return and payment | HMRC | 31 January 2027 (online, 2025 to 2026 tax year) |
| VAT registration | HMRC | When VAT taxable turnover goes over £90,000 |
We track the dates that apply to your LLP and send reminders. A confirmation statement is a separate filing from the tax return.
How are LLP members taxed?
The LLP itself is not taxed on its profits. Each member pays tax on their share of the profits, and every member must register for Self Assessment with HMRC. The LLP files a Partnership Tax Return (SA800) that allocates each member’s share.
For 2026 to 2027 (outside Scotland), Income Tax is 20% from £12,570 to £50,270, 40% to £125,140 and 45% above that. Class 4 National Insurance is 6% on profits between £12,570 and £50,270, and 2% above. See our tax rates and allowances.
Should I choose an LLP, a partnership or a limited company?
p>It depends on liability, tax and administration. An ordinary partnership is simplest but partners are personally liable. An LLP limits members’ personal liability and keeps partnership-style taxation, with more filings. A limited company pays Corporation Tax, then you are taxed on salary or dividends.
| Partnership | LLP | Limited company | |
|---|---|---|---|
| Liability | Partners are jointly responsible for losses and bills | Members are not personally liable for debts the LLP cannot pay | Shareholders’ liability is normally limited |
| Minimum owners | Two | Two designated members | One |
| Registration | HMRC | Companies House and HMRC | Companies House and HMRC |
| Tax on profits | Each partner is taxed on their share | Each member is taxed on their share | Corporation Tax (19% to 25%), then personal tax on salary or dividends |
| Main filings | SA800 and partners’ Self Assessment | LLP accounts, confirmation statement, SA800 and members’ Self Assessment | Company accounts, Company Tax Return, confirmation statement and directors’ Self Assessment |
| Public record | No Companies House record | Public record, including registered address and members | Public record, including registered address and directors |
We can compare the options for you through partnership accounting and limited company accounting.
What do designated members have to do?
Designated members carry the LLP’s legal filing duties. They keep accounting records, prepare, sign and send annual accounts to Companies House, send the confirmation statement, appoint an auditor if one is needed and tell Companies House about changes. An LLP must have at least two designated members at all times.
Failing to meet these duties can lead to prosecution of the designated members. We prepare the filings, but the designated members remain responsible, so we agree who approves and signs each one.
Do I need an LLP agreement?
An LLP agreement is not required to register, but it is strongly recommended. It sets out how profits are shared, how decisions are made, what each member is responsible for and how members join or leave. Without one, default statutory rules apply, which may not suit your members.
We use your agreed profit shares to allocate profit on the Partnership Tax Return. Speak to a solicitor about drafting, and tell us if the agreement changes.
What accounts does an LLP have to file?
An LLP must prepare annual accounts, approved by its members and signed by a member on the balance sheet, and deliver them to Companies House. They are also needed for the Partnership Tax Return, so they serve two purposes.
Small LLPs may be exempt from audit if they meet at least two of three conditions for periods starting on or after 6 April 2025: turnover of no more than £15 million, a balance sheet total of no more than £7.5 million, and no more than 50 employees on average. Our accounts preparation service covers the LLP accounts and the SA800.
What happens if an LLP files late?
Late LLP accounts incur an automatic Companies House penalty of £150, £375, £750 or £1,500 depending on how late they are, and the penalty doubles if accounts are late two years running. Late filing is also a criminal offence, so designated members risk prosecution.
HMRC applies separate penalties for late tax returns, and each member is affected if the Partnership Tax Return is late. We send deadline reminders so your LLP files on time.
How do I set up an LLP, and can you help?
To set up an LLP, you need at least two designated members, a name ending in “Limited Liability Partnership” or “LLP”, and a physical UK registered office address. Registration with Companies House costs £100 online or £124 by post, and the registered address and members’ details appear on the public register.
Already have an LLP with another accountant? We can contact them, request records and agree responsibility for outstanding returns through our switching accountants process. We also offer confirmation statement support.
1 Choose Your Package
Build a quote around your LLP and its members. Choose annual accounts, partnership returns and agreed member tax services, then add bookkeeping, VAT or payroll where needed, with your monthly fee and service limits confirmed upfront.
2 Confirm Your LLP Details
Sign up online or speak to our team. We’ll confirm your LLP details, the members we’ll support and your agreed services, then explain the records and approvals required and arrange a suitable start date.
3 We Coordinate the Handover
We can contact your previous accountant, request relevant records and arrange HMRC authorisations. We’ll agree responsibility for outstanding accounts and returns, identify approaching deadlines and explain the next steps for your LLP and its members.
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