Worried about insolvency – the earlier you talk to us, the more we can help.

If you or your business is in financial difficulties, creditors are pressing for payment and insolvency is on the horizon, our highly specialised insolvency team may be able to help.

What else is in this section?

Solvent liquidations

Members voluntary liquidations. 

This procedure can be used as a tax efficient method of distributing assets to shareholders of a solvent company which no longer intends to trade.

Provided that certain conditions are met, distributions made via a members voluntary liquidation are classed as capital distributions and whilst liquidator’s fees will be incurred these will usually be far outweighed by the tax savings.

Contact Russell Carman at russellc@batesweston.co.uk or Megan Wallis at meganw@batesweston.co.uk to find out how we can help you.