There are two principal ways to close a solvent limited company; either a voluntary or informal strike-off or through a Members’ Voluntary Liquidation (MVL). It's often believed that an MVL is the most tax-efficient way, but it may not always be the best option, particularly when it comes to how much tax shareholders will have to pay.

In our recent blog post, we explain how to calculate Members’ Voluntary Liquidation tax: https://www.leading.uk.com/how-to-calculate-members-voluntary-liquidation-tax-calculator/