Corporation Tax and Members Voluntary Liquidations
A Change in Corporation Tax Payments for Members Voluntary Liquidations
HMRC has recently announced a change in policy when dealing with corporation tax payments in Members Voluntary Liquidations, which features statutory interest at 8% per annum. Good advice and planning is essential to minimise this.
Members Voluntary Liquidations – and Entrepreneurs Relief
Members Voluntary Liquidations and Entrepreneurs’ Relief
Simon Parker looks back at Members Voluntary Liquidations and the Changes to Entrepreneurs’ Relief from April 2016.
Can a Members Voluntary Liquidation Become an Insolvent One?
Can a Members Voluntary Liquidation Become an Insolvent One?
The answer is yes, and there are some serious implications when it happens. In this article we look at this issue, along with the recent changes by HMRC in dealing with corporation tax payments during MVLs, and also comment on how to deliver a smoother and more timely MVL.
