Members Voluntary Liquidation
– Fast, Tax Efficient Cash Extraction

What is a Members’ Voluntary Liquidation?

A Members Voluntary Liquidation is a legal HMRC-process that allows you to withdraw the cash from your solvent company in a fast, tax efficient manner. There are many reasons why you might consider an MVL, such as:

• Retirement
• Company has achieved its purpose, e.g. a property development
• New contract for IT specialists, offshore workers and other contract workers

Using an MVL will offer considerable savings as your cash is subject to Capital Gains Tax instead of Income Tax. You may also qualify for Entrepreneur's Relief, which would lower your tax to just 10% of your distribution. This is a perfectly legal and HMRC-approved method and should not be confused with a tax avoidance scheme!

Using our bespoke client portal, we offer a fast, efficient services for simple MVL's at a fixed fee of just £950 + VAT. There is no requirement for any face to face meetings, saving you time and money. It is important to note that this low cost service is only for simple liquidations, so please check our qualifying conditions first to see if this is an appropriate option for your circumstances..

• The company has no more than 3 shareholders
• The company has already ceased trading and de-registered for VAT
• prepared and submitted accounts and tax returns at least up to the date of cessation
• any (non cash) assets have been sold/written off
• All liabilities have been paid in full

Before getting started
We are able to help with more complex MVL’s and will always provide a fixed fee quote – please get in touch to discuss your circumstances with our team.