Submitted by David Reed on Tuesday 11th March 2025
Published on Monday 28th April 2025
Current status: Closed
Closed: Tuesday 28th October 2025
Signatures: 35
Relevant Departments
Tagged with
Benefits ~ billions ~ Companies ~ Contributions ~ Disabled ~ Disabled People ~ Ignore ~ independence ~ insurance ~ Law ~ Liability ~ Limited ~ National Insurance ~ Personal Independence Payments ~ Pounds ~ Reported ~ source ~ system ~ Unfair ~ vulnerability
Close national insurance loopholes for limited liability partnerships
We urge the Government to bring the rules for national insurance contributions for members of limited liability partnerships into line with other companies.
We believe it could bring in billions of pounds per year and be an alternative to reducing personal independence payments which many vulnerable people rely on. It has been reported that the Government may be losing billions of pounds from limited liability partnerships, such as law firms, due to the current NIC system. We believe that to ignore this potentially huge source of revenue, and instead focus on reducing benefits that many disabled people rely on would be wrong and unfair.
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