For expert support call 01270 212 700 or email info@mgjl.co.uk
Directors take the decision to place a company into liquidation because it provides shareholders with a tax efficient procedure to extract asset value or to reorganise the affairs of the company. An MVL requires a Licensed Insolvency Practitioner to manage the formal process of winding up the company and realising the remaining company assets. We offer business owners and company directors straightforward and transparent advice to guide you through the MVL process.
Tax efficient MVL
An MVL can provide a tax efficient way of winding
up a solvent company. It is important for directors
and shareholders that a company is wound up in
a tax efficient way. An MVL allows for assets to be
distributed in specie and for cash to be distributed
as a capital distribution. This can allow shareholders
to apply for entrepreneur’s relief (ER) and for
considerable tax savings to be made in comparison
to the cash and assets being distributed without an
MVL. To discuss the MVL process, please contact one of our team.
Benefits of an MVL
An MVL can be a cost-effective, straightforward, tax effcient way to close or reorganise a business. When properly planned, an MVL should provide a low risk and effective solution to extract shareholder value. To discuss the MVL process, please contact one of our team.
We have been providing solutions to business for over 15 years.
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