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  • Limited company closure and CGT

    I am looking at closing my limited company towards the end of March 2023. I believe at this point there will be about £15,000 in profits to distribute. I am looking at distributing the profits as a capital gain income. My question is in relation to the date of disposal. The company will cease trading on Friday 31st March 2023 but my accountant is unlikely to have the accounts prepared before 6th April 2023. Would the date of disposal for CGT purposes be the date the accounts are prepared up to which will be the cessation for the company, so 31st March or would the date of disposal be the date the distribution from the company bank account is made, which I assume will be mid-April. Thanks!