by Brad Vincent | Dec 16, 2021
The cost of a Members’ Voluntary Liquidation varies according to a number of factors, particularly the size and complexity of the tax issues, the number of shareholders, the programme of asset realisation and the nature of the assets. At Insolvency Solutions Group, by...
by Shawn Powrie | Dec 14, 2018
Wanting to wind up your solvent company but not sure which method to use? You may have shut your business’ doors, paid out all your creditors (or have enough assets to do that anytime) and be looking into the best way to finalise your company’s affairs. Generally...
by Shawn Powrie | Aug 9, 2018
Co-Operatives have been around for many years and periodically they outlive their usefulness. But the liquidation of a Co-Operative is somewhat different to the liquidation of a company. For a start, the liquidation of a Co-Operative is not guided by the Corporations...
by Shawn Powrie | Aug 9, 2018
Winding up a company that is Limited by Guarantee is relatively uncommon, simply because there are far fewer companies Limited by Guarantee, rather than having Ordinary Shareholders. The winding up of a company Limited by Guarantee is still guided by the Corporations...
by Shawn Powrie | Aug 9, 2018
One of the main reasons to consider a Members Voluntary Liquidation is to receive the very significant tax benefits of a liquidator’s distribution if your company has reserves from the sale of a pre-CGT asset. We’ve explained below the pre-CGT asset tax rules and then...
