Purnells: New Year Support Blog

Given the enormous cost of the Coronavirus Pandemic and the devastating impact it has had on the British Economy, it is inevitable that the Government will need to increase revenues to plug the hole in it’s finances.

With the Chancellor threatening to increase the Capital Gain Tax rates and thresholds, and even review Entrepenuer’s Relief again, many people are taking the opportunity to liquidate their businesses now and extract the funds in a tax efficient manner before any changes are made.

If advice is needed, or you just want to know the different options, we are available for telephone or Zoom meetings through this difficult distancing period and are happy to assist you in any way we can with winding up your solvent Company. The first meeting and follow up letter of advice is at no cost, and there are no obligations, so it is worth while exploring the options available to you and your Company before any changes are made.

 More information on a Members Voluntary Liquidation can be found on our website at www.purnells.co.uk by clicking the links provided.

If you wish to discuss any other insolvency related matters, please do not hesitate to contact me on 01326 340579 or at [email protected]

Purnells
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