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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