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Home » Specialising in Closure

MVL - Tips

Worrying news for Contractors!

 

 

With the forth coming changes in company closure, it’s time to get back to the drawing board!

Is your contract ending in the tax year 2012/13?  Are you prepared for the new legislations?

Tax planning has never been so important and advanced preparation is a must.

The following tips could save you thousands in tax and fees –

 

  1. Make sure you have utilised your full basic rate allowances.
  2. Utilise your pension allowance.
  3. Reduce your balance sheet where possible.
  4. Remove as many assets and liabilities from the balance sheet.
  5. Mitigate the liquidation fees by clear, concise bookkeeping.
  6. Know exactly your next move, is it permanent employment, leaving the country etc?
  7. Know your exact tax liabilities at all times.

 

Feel free to call us on 0207 100 6011 to talk through the MVL v ESC-C16.  We are here to help, regardless if you are a current client or not. Better still the consultation is FREE!

PS. We have negotiated a 50% discount for all our MAF clients who are utilising the Liquidation route, saving several thousands in fees alone.

For hassle free, tax efficient closures – Who needs the drawing board after all!

 

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