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Keith Anderson Warns Over Tax Increases in Solvent Liquidations

Keith Anderson Warns Over Tax Increases in Solvent Liquidations

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.

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Money Statistics for January 2016

Some people, often through no fault of their own, find themselves with debts they struggle to repay. We understand how money worries affect everyday life and that facing up to financial challenges can be extremely difficult and stressful. Seeking help is not easy but, from our experience, it really is an important step. You should be reassured to know that there are options available and, with the right advice and support, you can look forward to a more financially secure future.

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Bankruptcy Consolidation Bill

Bankruptcy Consolidation Bill

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.

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How Can People Claim Car Accident Compensation from a Company in Administration?

Contribution from Accident Claims Web:-

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Contractors Now on HMRC’s Radar

Contractors Now on HMRC’s Radar

Many contractors across the UK are facing bankruptcy after becoming the latest target for HMRC in its pursuit of unpaid tax. Those affected can expect to receive a demand for backdated taxes, which can relate to periods of employment from many years ago, to be paid in full within a three-month deadline.

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