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What is a Members’ Voluntary Liquidation (MVL)?
What is a Members' Voluntary Liquidation (MVL)? An MVL is a formal liquidation process that closes a solvent company in a tax-efficient manner. The purpose of an MVL is to distribute the assets to the shareholders as capital rather than income, making it a popular option ...
Winding up your personal service company
Winding up your personal service company Come April 2020, many workers who have been providing their services through an intermediary, such as a personal service company, may find that their company is no longer needed. This may be for a number of factors: -...
Closing a business – when a Members Voluntary Liquidation is beneficial
Closing a business – when a Members Voluntary Liquidation is beneficial Members Voluntary Liquidation (MVL) Although it is possible to strike off a company and for distributions made prior to dissolution to be treated as capital rather th...
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