An MVL offers directors a clean, tax-efficient way to close a solvent company. With 2026 bringing tighter HMRC scrutiny, careful preparation, clear documentation, and expert guidance help ensure a smooth, compliant process.
A clear overview of how a Members’ Voluntary Liquidation works in 2026, outlining tax benefits, legal requirements, director considerations and the vital role an Insolvency Practitioner plays in a compliant, efficient company closure.
An overdrawn director’s loan account can create personal liability during liquidation. This guide explains how it’s treated, tax implications under section 455, set-off options, and steps to minimise risk before a CVL.
A Company Voluntary Arrangement (CVA) and a Time to Pay (TTP) arrangement with HMRC are both mechanisms to help a business manage debt, but they differ significantly in scope, formality, and impact.
A Manchester company has been shut down for acting as a front for unlicensed insolvency work, underscoring the need for businesses to use licensed professionals like Parker Walsh’s Molly Monks.
At first glance, you might be tempted to place your trust in Reggie, our ever-diligent Security Dog. He cuts quite the figure in his suit - attentive, loyal, and undeniably charming. But while Reggie is excellent at keeping the office safe and welcoming visitors, financial and insolvency advice requires a very different skill set.
Information Parker Walsh needs for a Members’ Voluntary Liquidation: director and shareholder details, bank accounts, directors’ loans, HMRC references, and remaining assets, enabling an efficient, compliant MVL via a questionnaire.
Strike off is a low-cost route to close a UK company when fully solvent. Confirm eligibility, manage risks, notify stakeholders, settle liabilities, handle assets carefully, file DS01, and monitor Gazette notices.