
Contractors’ Questions: How to boost income before winding up a limited company with a MVL?
We were recently asked by Contractor UK to respond to a question asked by one of their readers: Contractor’s Question: I plan to wind up my four-year-old PSC and a Members Voluntary Liquidation (MVL) looks best, as I am solvent with cash reserves excess of £25,000. But how best to maximise my salary/dividends before my October year-end? In 2016/17, I