If you are one of the many landlords affected by HMRC’s ongoing enquiry into LLP-based tax planning schemes, then you are not alone.

At Bespoke Planning Solutions LLP, we are working with individual landlords, portfolio holders, and action groups to provide expert advice and representation during this challenging time.
 

What’s the Issue? 

HMRC is actively investigating structures where landlords transferred property portfolios into LLPs, often with a corporate member, to reduce tax liabilities. These arrangements are now subject to scrutiny under:

• HMRC Spotlight 63: Targeting hybrid LLP arrangements used to reallocate profits and claim enhanced deductions.
   
• Spotlight 69 and new legislation: Bringing CGT, SDLT, and other liabilities into scope for those who used LLP-to-Ltd transfers or liquidations.

HMRC views these schemes as ineffective tax avoidance and is issuing letters, enquiries, and settlement opportunities to affected individuals.
 

How We Can Help

We provide tailored, strategic advice and HMRC engagement support, including:

1. Review of Your Position
   We will assess your structure, correspondence with HMRC, and current exposure to determine your tax position and legal standing.
    
2. Strategy Development
   Every client’s circumstances are different. We develop a bespoke resolution strategy based on your risk, objectives, and preferred approach—whether disclosure, settlement, or challenge.
    
3. HMRC Representation
   We can liaise directly with HMRC on your behalf, prepare formal responses, and manage settlement discussions to minimise liabilities and penalties.
    
4. Corrective Planning
   Where appropriate, we can help you restructure your affairs going forward to ensure compliance, stability, and risk mitigation.

Act Now

HMRC has set clear deadlines for cooperation and resolution. Failing to respond promptly could result in increased penalties and loss of negotiating opportunities.

If you have received a letter from HMRC or participated in an LLP structure now under enquiry, contact us today for an initial consultation.

Contact Us

Speak to one of our senior advisers in confidence:

Phone: 020 4614 9994

Email:   Phil.Dickinson@bpsforbusiness.com

Or complete our contact form here