Do Limited Liability Partnerships (LLPs) qualify for R&D tax credits?

Companies that are liable to pay UK corporation tax are eligible to claim Research and Development (R&D) tax credits. Limited Liability Partnerships (LLPs) typically do not pay UK corporation tax, and therefore, they usually cannot claim R&D tax credits. As R&D tax credits are a type of corporation tax relief, LLPs are generally ineligible to claim them since they are not registered for UK corporation tax.