A ready reckoner for you to compare your MVL options with informal winding up.

Our tax calculator assumes that you qualify for Entrepreneur’s Relief. Independent advice should be sought to ensure your company qualifies. We are happy to supplement our MVL service with additional tax advice. 

Enter your figures below and our tax calculator will do the rest!

Members’ voluntary liquidationInformal winding up via dividend distribution

Tax payable

£ 0

Tax payable

£ 0

MVL net proceeds

£ 0

Winding up net proceeds

£ 0

Potential savings using MVL

£ 0

  1. These calculations are based on the tax rates and allowances for the 2017/18 tax year as currently announced
  2. The calculations are for illustrative purposes only and you should obtain professional advice for more specific advice that is relevant to your circumstances.
  3. No liability for any losses is accepted for any decisions taken as a result of using this tax calculator.
  4. The calculation assumes:
    • That there is only one shareholder, who is an officer of the company.
    • That the company is a trading company and that the shares have been held for at least 12 months.
    • That your company qualifies for Entrepreneurs’ Relief and the lifetime limit for Entrepreneurs’ Relief has not been previously used. You should seek separate specialist tax advice as regards this.
  5. Liquidation fees are estimated; the actual fees may vary depending on circumstances.
  6. Where the level of reserves to be distributed is less than £25,000, it can be possible to obtain capital treatment without a formal liquidation in some circumstances. This has not been considered in the above calculation.

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