Members Voluntary Liquidation
A Members Voluntary Liquidation can be a tax efficient way to unlock the surplus funds held in your Company if you are retiring, accepting paid employment, or changing your career.
Lines Henry can offer:
Quick access to your funds – 99% can normally be paid out within one working day of us receiving cleared funds.
Internet Fixed Price from £1,995 plus disbursements and VAT*. We always provide a written quote.
Face to Face Meeting if required from £2,495 plus disbursements and VAT*. We find that many clients want to physically meet someone from the company they are sending their money to. We understand this and will meet you at a place of your choosing.
Lines Henry Limited are members of the Insolvency Practitioners Association and an IPSE Affiliate.
We find that MVLs are suitable where funds held exceed £50,000 and you have used up all relevant allowances such as pension payments.
We recommend that you talk to your accountant or tax adviser first. Whoever deals with your personal tax affairs needs to be involved as ultimately you need advice on the rules about Entrepreneur’s Relief.
For further information telephone 0800 012 6649 ask for Mike or Lisa for a free consultation.
(*if VAT registered this is usually reclaimable)