BADR lifetime limit halves in April 2027: Directors planning to close a solvent company through a Members Voluntary Liquidation should act now.
Directors who are planning to close their solvent company through a Members Voluntary Liquidation (MVL), and who qualify for Business Asset Disposal Relief (BADR), can still benefit from the 18% rate of Capital Gains Tax, but with the BADR lifetime limit falling from £1 million to £500,000 for qualifying disposals made on or after 6 […]
Overdrawn Directors Loan Account – Solvent Liquidation Judgment
Overdrawn Directors Loan Accounts do not need an insolvency to catch you out A recent High Court judgment is a useful reminder to directors that overdrawn Directors Loan Account are not something that only becomes a problem when a company is insolvent. In McCarthy v Marshall [2026] EWHC 1585 (Ch), a director’s use of company […]
What to expect when you contact an Insolvency firm for advice for your Limited Company
Directors often contact an Insolvency Practitioner for advice on their limited company at a moment of financial pressure, uncertainty and worry. This article explains exactly what to expect when you speak to us, the steps we take to understand your company’s position, and the options we may discuss, including CVLs, CVAs, Administration and MVLs (if […]
If you are looking to close your solvent company via a Members Voluntary Liquidation, why should you do so before 5 April 2026?
Many directors reach a point where their company has served its original purpose. You may be preparing for retirement, stepping away from contracting, simplifying a group structure or wishing to extract retained profits in a clean and orderly way. If you are considering a Members Voluntary Liquidation (MVL), the timing of your decision now has […]
Can directors still benefit from the current Members Voluntary Liquidation (MVL) Capital Gains Tax rate before April 2026?
Update – October 2025: Capital Gains Tax on MVLs Will Rise Again in April 2026 From 6 April 2026, the Members Voluntary Liquidations Capital Gains Tax rate, where Business Asset Disposal Relief (BADR) applies, will increase from 14% to 18%. This change was confirmed in the Autumn 2024 Budget and follows the earlier rise from […]
Business rates changes 2026. What directors need to know – and do – about the coming changes
Why are business rates back in focus for UK companies? From April 2026, many firms will see an increase in their business rates bills. But unlike other cost pressures, this one isn’t a surprise. The end of transitional relief and the impact of the 2023 revaluation are already mapped out, giving directors a clear window […]
UK insolvency and company rescue in 2025: what’s changing and what Directors need to know
As Insolvency Practitioners, we believe one of our strengths is what we call our ‘bedside manner’, in other words, how we deliver a caring and bespoke personal service to directors whose businesses are facing financial difficulties. Part of this is keeping up to speed with what’s going on with businesses that are struggling to better […]
Chancellor increases Capital Gains Tax (CGT) on Business Asset Disposal Relief (BADR) from 6th April 2025
BADR tax advantages still available for Members Voluntary Liquidations (MVL) at the current 10% tax rate until 5th April 2025 The Chancellor did not scrap BADR in her budget on 30th October as many had predicted, but she did increase the current Capital Gains Tax rate that applies to BADR from 10% to 14% for […]
Budget October 30th 2024 – Are you selling or closing your solvent business? Don’t miss out on Business Asset Disposal Relief!
Business Asset Disposal Relief (BADR) is still available for Members’ Voluntary Liquidations. Act quickly to be sure of taking advantage of the current 10% tax rate. When business owners decide to sell or wind-up their solvent company using Members Voluntary Liquidations (MVL), they might be eligible for Business Asset Disposal Relief (formerly known as Entrepreneurs’ […]
Asset Valuations for Insolvent Companies
Asset Valuations for Insolvent Companies
How Insolvency Practitioners work with Asset Valuers to maximise creditor returns.
