Utilising our years of insolvency experience we have developed a database of frequently asked questions.
MVLs are only suitable for solvent companies. However, if your company is solvent and has over £25,000 to distribute, and you are looking to close down the business and extract these profits, then an MVL is likely to be the best solution.
A Members’ Voluntary Liquidation – or MVL – is a formal liquidation process designed as a way for solvent companies to wind down their operations.
Entrepreneurs’ Relief is a valuable tax relief scheme which reduces your liability for capital gains tax (CGT).
MVLs and CVLs are both formal liquidation processes, however, there is a key difference.
An MVL is a formal liquidation process which must be undertaken with a licensed insolvency practitioner.
Our FAQ’s cover different types of liquidation routes subject to the financial health of your business, company rescue options and director redundancy.
If you are considering liquidation for your company, taking expert advice at an early stage is crucial. At UK Liquidators, our team of licensed insolvency practitioners are committed to providing limited company directors with the help and advice they need to make an informed decision.
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