Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance:
April 2003
The value of the retail price index, as published by the Office for National Statistics, for April 2003 is 181.2 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in April 2003 is as follows:
| RI Month | 1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
|---|---|---|---|---|---|---|---|
| January |
- |
1.193 |
1.086 |
0.987 |
0.883 |
0.812 |
0.754 |
| February |
- |
1.184 |
1.078 |
0.971 |
0.876 |
0.805 |
0.747 |
| March |
1.281 |
1.180 |
1.071 |
0.953 |
0.873 |
0.801 |
0.741 |
| April |
1.236 |
1.150 |
1.044 |
0.912 |
0.855 |
0.780 |
0.713 |
| May |
1.220 |
1.141 |
1.037 |
0.903 |
0.852 |
0.778 |
0.706 |
| June |
1.214 |
1.136 |
1.031 |
0.899 |
0.853 |
0.778 |
0.700 |
| July |
1.213 |
1.124 |
1.034 |
0.903 |
0.858 |
0.780 |
0.698 |
| August |
1.212 |
1.115 |
1.015 |
0.898 |
0.852 |
0.775 |
0.679 |
| September |
1.214 |
1.106 |
1.011 |
0.899 |
0.843 |
0.770 |
0.672 |
| October |
1.203 |
1.098 |
0.998 |
0.896 |
0.840 |
0.761 |
0.655 |
| November |
1.192 |
1.091 |
0.992 |
0.889 |
0.825 |
0.752 |
0.647 |
| December |
1.196 |
1.085 |
0.994 |
0.887 |
0.819 |
0.754 |
0.643 |
| RI Month | 1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|---|---|---|---|---|---|---|---|
| January |
0.632 |
0.516 |
0.392 |
0.336 |
0.314 |
0.282 |
0.241 |
| February |
0.621 |
0.507 |
0.384 |
0.329 |
0.305 |
0.275 |
0.233 |
| March |
0.614 |
0.493 |
0.379 |
0.326 |
0.301 |
0.272 |
0.228 |
| April |
0.585 |
0.448 |
0.361 |
0.305 |
0.289 |
0.257 |
0.216 |
| May |
0.576 |
0.436 |
0.357 |
0.301 |
0.284 |
0.252 |
0.211 |
| June |
0.570 |
0.430 |
0.351 |
0.301 |
0.285 |
0.252 |
0.210 |
| July |
0.569 |
0.429 |
0.354 |
0.305 |
0.288 |
0.258 |
0.215 |
| August |
0.565 |
0.415 |
0.351 |
0.305 |
0.282 |
0.252 |
0.209 |
| September |
0.554 |
0.401 |
0.346 |
0.300 |
0.277 |
0.250 |
0.203 |
| October |
0.542 |
0.391 |
0.341 |
0.295 |
0.278 |
0.248 |
0.210 |
| November |
0.529 |
0.394 |
0.336 |
0.297 |
0.280 |
0.247 |
0.210 |
| December |
0.525 |
0.395 |
0.335 |
0.302 |
0.277 |
0.241 |
0.202 |
| RI Month | 1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|---|---|---|---|---|---|---|---|
| January |
0.206 |
0.174 |
0.136 |
0.109 |
0.088 |
0.059 |
0.046 |
| February |
0.201 |
0.169 |
0.130 |
0.107 |
0.082 |
0.053 |
0.043 |
| March |
0.196 |
0.166 |
0.127 |
0.104 |
0.076 |
0.052 |
0.038 |
| April |
0.187 |
0.159 |
0.114 |
0.097 |
0.065 |
0.047 |
0.031 |
| May |
0.185 |
0.155 |
0.108 |
0.094 |
0.062 |
0.040 |
0.028 |
| June |
0.184 |
0.150 |
0.109 |
0.094 |
0.059 |
0.039 |
0.028 |
| July |
0.189 |
0.150 |
0.112 |
0.098 |
0.063 |
0.046 |
0.030 |
| August |
0.184 |
0.143 |
0.107 |
0.095 |
0.063 |
0.041 |
0.027 |
| September |
0.178 |
0.137 |
0.102 |
0.090 |
0.055 |
0.038 |
0.020 |
| October |
0.178 |
0.136 |
0.102 |
0.088 |
0.056 |
0.040 |
0.019 |
| November |
0.177 |
0.135 |
0.102 |
0.087 |
0.053 |
0.044 |
0.017 |
| December |
0.174 |
0.133 |
0.102 |
0.083 |
0.052 |
0.045 |
0.015 |
| RI Month | 2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|---|---|---|---|---|---|---|---|
| January |
0.016 |
- | - | - | - | - | - |
| February |
0.011 |
- | - | - | - | - | - |
| March |
0.007 |
- | - | - | - | - | - |
The RI month is the month in which the allowable expenditure was incurred, or March 1982 where the expenditure was incurred on or before 1 March 1982.
The table given is applicable only to bodies within the charge to corporation tax on their chargeable gains.
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