SJD Accountancy

SJD Accountancy launches new Insolvency Practice

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SJD Insolvency Services helps limited company contractors who wish to close their limited company through Members Voluntary Liquidation (MVL), which is one of the options to close down a limited company tax efficiently with funds in excess of £25,000.

This new service enables SJD to support clients from the start to the end of their journey as a limited company contractor if they do decide to close their company through an MVL.

The division was set up to respond to sections of the Corporation Tax Act 2010 that were introduced in March 2012, which put a £25,000 limit for capital treatment of shareholder distributions on closing down the company without a liquidation.

If you are thinking of closing your limited company and are unsure of the best ways to do so, our MVL Insolvency Services page will help.

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