MLM Solutions Blog

New rules regarding Entrepreneurs Relief are coming into effect from 6th April 2016 which will impact capital distributions received in the solvent liquidation of a company where the individual shareholder is involved in a similar company after the distribution. Keith Anderson, of restructuring, recovery and insolvency boutique mlm Solutions, has warned that the clock is now ticking for affected companies and individuals to implement members’ voluntary liquidations (MVL) in order to save up to 35% tax.

A new Bill has been introduced to the Scottish Parliament that will bring Scottish laws on insolvency together into one piece of legislation for the first time in a generation.

Contribution from Accident Claims Web:-

This blog has been prepared for mlm Solutions by Adrian Wood of Adrian Wood VAT Consultancy Ltd.

Two directors of a Middlesbrough taxi company have been sentenced to prison and disqualified after unlawfully transferring £150,00 from their business before it was wound up.