Members Voluntary Liquidation (MVL) can still be tax efficient despite new Anti-Avoidance rules
A new Targeted Anti-Avoidance Rule prevents the treatment of a distribution as capital in certain circumstances. Notwithstanding this Members Voluntary Liquidations (“MVLs”) are still a useful tool for tax efficient distributions, de-mergers and even winding up charitable and not for profit companies.
Read full articleGetting an arrangement across the line with HMRC
HMRC is often the primary creditor in many insolvency cases and will often play a vital role in deciding whether a Voluntary Arrangement will be successful. For an arrangement to succeed it must achieve the support of 75% of voting creditors.
Read full articleROI Bankruptcy gets in line
The ROI Bankruptcy regime continues to evolve and the 2015 Bankruptcy (Amendment) Act brings the legislation closer to the UK systems. This will undoubtedly reduce forum shopping and promotes the so called ‘second chance’ culture inherent within the UK system.
Read full articleCavanaghKelly support CSR partner Rural Support at Balmoral Show 2016
Rural Support recently attended the Balmoral Show at Balmoral Park. The Balmoral Show is an important event on the PR calendar for Rural Support and provides an excellent platform from which to promote the charity.
Read full articleTax Credits - What are they all about?
Have you or someone you know, seen a decrease in your income in recent times? If so, you may be entitled to tax credits.
Read full articleCavanaghKelly are finalists in Irish News Workplace and Employment Awards 2016
The team at CavanaghKelly are delighted to have been selected as finalists for the Managing Talent Category in the Workplace and Employment Awards 2016.
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