Watch out for higher tax rates for capital distributions from MVLs

From 6 April 2016 the Government is proposing making major changes to the way in which capital distributions from members’ voluntary liquidations (MVL) will be taxed. This could result in significantly increasing the tax payable by shareholders of companies entering into MVLs.

To read more, download our Comment On factsheet (pdf) outlining the changes.

If you have a query about the proposed changes, please contact John Rodger at john.rodger@chiene.co.uk.