Solvent liquidation in London
Would you like to effectively realise
the assets of your business and
pay as little tax as possible?
Then a Member’s Voluntary Liquidation could be right for you
Want to know more about this process? - call us now on 0800 331 7417
What’s the best way for you as a director or shareholder to realise your investment from a company? In most instances a members' voluntary liquidation will give you the quickest route to get your money without paying a hefty bill to HMRC. This process, also sometimes called a solvent liquidation, effectively ends your relationship with the business and distributes your asses either in cash or specie. Obviously there are certain legal and accounting requirements that must be fulfilled, but this is where McTear Williams & Wood will provide you with the expert assistance to achieve the best results.
If you want to extract less than £25,000 from a business, then it may be worth considering a company strike off. To find out the best course of action, why not book a free solvent liquidation meeting at our London office?
Why use us…
- Experienced business consultation - are you aware of all the options for your business? If you are thinking of taking an MVL and closing down your company there could be other ways forward.
- Professional accounting services - an MVL works best when all your books are in appropriate order - we can make sure that the planning covers all this pre-appointment.
- Legal obligations - one of the key elements necessary to implement an MVL is a Sworn Declaration of Solvency. There are criminal sanctions if you get this wrong and McTear Williams & Wood can guide you accordingly.
Your next step
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 our London offices, helping you understand all the responsibilities and implications. Call us now on 0800 331 7417