Stable door

I think that the horse has bolted here but I wondered if Taxation readers could give some advice for the future. My client company went into liquidation. In February 2008 the liquidator made a distribution of £250 000 and he has recently made a second and final distribution of £10 000.

First for my peace of mind can readers confirm the correct basis of the capital gains tax computation?

Secondly it occurs to me that a different distribution might have been more beneficial. I suppose this is a weighing up of rates taper indexation and entrepreneurs' relief. I presume there is no way of reallocating the distribution but for the future can the liquidator take account of tax rates when making distributions or should we accountants — even if no longer acting for the company — suggest distribution ratios or amounts that...