Our team can help groups streamline their structure, whether that’s to reduce ongoing administrative costs in dealing with obsolete subsidiaries or to assist with general tax planning.
With our corporate & business tax team, we can work with you to:
Sometimes a solvent company is no longer needed or the directors or shareholders may wish to retire. As such, a MVL may be required. This can be a tax-efficient way of distributing the assets of a company to its shareholders, enabling qualifying shareholders to benefit from business asset disposal relief (previously entrepreneurs’ relief) which also brings the life of the company to an end.