If you are thinking about retiring or releasing reserves from your business now is a good time to do so with a Members Voluntary Liquidation (MVL). It’s often the most tax-efficient way to close your business and save you thousands of pounds. Take action now as the MVL would need to be in place with all necessary distributions made before the 5th April 2017 to take advantage of the capital gains allowance and enjoy two tax free annual exemptions.
See our page on Members Voluntary Liquidations to see how it could benefit you.
