Members' Voluntary Liquidation

This information-packed session is designed to assist new members to the profession and anyone looking for a detailed refresher on the subject of MVLs.

Members’ voluntary liquidation is the principal process for the return of capital to the shareholders of a solvent company.  Since the company in question will have been profitable, planning ahead for the tax consequences is key; specifically the timing of the winding up resolution and any distribution.

Given too that HMRC has just announced the removal of tax clearance in MVLs, it is important that we understand the consequences of that decision in relation to our solvent winding ups.

In this webinar, we will look at putting the legislation into practice, how and why to plan for an MVL and what documents need to be issued when.  We will look at the tax implications of the distribution and how to protect yourself from risk as insolvency practitioner in the context of the appointment.

Recorded 25 January 2024

• What does an MVL do
• Overview of the application statute (E&W and Scotland)
• Overview and stages of process - how to structure entry to an MVL
• Planning for members' meeting or written resolutions
• Post-appointment notices and documentation
• Tax planning for MVLs
• Impact of removal of HMRC tax clearance
• Use of indemnities
• MVL and AML requirements

Anyone looking for detailed introduction or refresher to MVLs and/or a practical approach to dealing with the planning and processing of supporting documentation;  tax planning pre and post appointment and mitigating risks to the IP in the context of MVLs.

£55 + VAT per person.

50% reduction for every third one hour session you book.
Webinar fee includes electronic version of course documentation.

Team Booking Discount 

  5-10 team members - £200 + VAT
11-25 team members - £375 + VAT
26-50 team members - £500 + VAT
50+ price on application

If you are looking to make a team booking, please email courses@insolvencysupportservices.com. 

The purchase of an ISS Training webinar recording permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and/or distribution of an ISS Training webinar recordings or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.