Getting your money out of your business can be a process fraught with difficulty. Especially if you want to use the most tax efficient method possible In such situations a Member’s Voluntary liquidation could be your best course of action. This process, which is sometimes legally described as a solvent liquidation allows you to get your money out of a business either as cash or in specie. As with all official business processes there are certain legal and accounting requirements that must be fulfilled.
This is where the expertise of McTear Williams & Wood can provide you with assistance in meeting these demands. With years of experience helping individuals like you with MVLs, we will help you achieve the ideal outcome. Want to take out less than £25,000 from your solvent business? In such instances a company strike off may be a better route for your personal finances. Find out all the facts with a free solvent liquidation meeting at our offices in East Anglia.
What are the options available to you and what is the best way to proceed? Without expert advice it can be tough to understand your choices and select the best course of action. At McTear Williams & Wood we cover this in a short 1 to 2 hour free initial consultation at one of our offices in East Anglia, helping you understand all the responsibilities and implications. Call us now on 0800 331 7417