I am currently director of a Limited Company and am registered for self assessment.
I have just recently registered a new LLP with Companies House, where there will be two members, myself and another business partner (who themselves is already registered as self employed). At this stage what information do we need to pass on to HMRC? I assume we don't need to reregister for self assessment, but presumably we will each have to pay additional Class 2 NICs for our self employment in the new venture?
I have found this form at HMRC, is this sufficient? Do we need to register the LLP as it's own entity with HMRC?