Need assistance with a solvent liquidation in Peterborough?

Closing your company?  A solvent liquidation is a most tax efficient
method of extracting your capital as a director

Call us now on 0800 331 7417

After years of successfully working as a company director, it may be time to call it a day. Especially if the going is good and your business is still fully solvent. If you do decide to close your company, what’s the most preferable way to get your hands on your capital? 

Use a solvent liquidation (also known as a members' voluntary liquidation) to extract amounts above £25K from your company accounts as if you were a shareholder subject to capital gains tax. Whilst this measure must be enacted by a registered insolvency practitioner, it is one of the most efficient methods of realising your money.

The team of expert advisors at McTear Williams & Wood can support you through the process of a solvent lqiuidation. Thanks to our years of expertise we can help you reach the ideal outcome in a simple and easy fashion with the minimum amount of hassle and time. 

Find out more with a free consultation appointment to discuss your potential solvent liquidation at our Peterborough offices. Set up a convenient time to meet with one of our senior partners to ensure that you have all the information before proceeding to the next step. 

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 one of our offices in Peterborough, helping you understand all the responsibilities and implications.  Call us now on 0800 331 7417

How else can we help? Other services we offer in your area:

0800 331 7417 Why Choose Us?

Business Healthcheck Business Healthcheck

It's quick and easy

Concerned about the financial health of your business?

Read More

Newsletter Sign Up

Sign up to our monthly top tips