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MVL - extract funds at 10% tax


We have decided this week to steer clear of any COVID19 related post and, instead, mention something that resembles some form of normality given we have recently entered a new tax year.


A solvent liquidation (or MVL) facilitates the closure of a solvency company (e.g. due to retirement, or simply a company successfully achieving its purpose) and allows shareholders to extract funds as a capital distribution, possibly benefitting from 10% entrepreneurs relief.


Our management team at BBR are experienced in dealing with MVLs of all shapes and sizes, distributing funds swiftly and always exceeding client expectations. We are also geared up to commence the process 100% remotely!


Please give us a call if you would like to explore this further and receive a fixed fee quote.


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Ballard Business Recovery Limited, The Old Post House, 3 Sudbury Road, Yoxall, Burton on Trent DE13 8NA
Company Number: 12547285

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