Indexation can only be given up to April 1998. After that date,
indexation was abolished for individuals. Taper relief is due from
the date of acquisition, or 6 April 1998 if later. In this case,
taper relief will be due from 6 April 1998, plus the ‘bonus
year’ (
LLM8240 and CG17901). Taper relief is not
available for disposals on or after 6 April 2008.
The date of the enhancement expenditure is not relevant for
the purposes of taper relief (CG17900).
Link to CG Manual (
LLM10000).
