Corporation Tax on Chargeable Gains

Indexation allowance

May 2009

The value of the retail price index, as published by the Office for National Statistics, for May 2009 is 212.8 (January 1987 = 100).

The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in May 2009 is as follows:

• 1982 - 1988
• 1989 - 1995
• 1996 - 2002
• 2003 - 2009

1982-1988

Month	1982	1983	1984	1985	1986	1987	1988
January	-	1.576	1.450	1.333	1.211	1.128	1.060
February	-	1.565	1.440	1.315	1.203	1.120	1.052
March	1.679	1.560	1.433	1.293	1.200	1.115	1.044
April	1.626	1.525	1.401	1.245	1.179	1.090	1.011
May	1.607	1.514	1.392	1.235	1.175	1.088	1.004
June	1.600	1.508	1.386	1.230	1.176	1.088	0.996
July	1.599	1.495	1.388	1.234	1.182	1.090	0.994
August	1.598	1.484	1.366	1.229	1.175	1.084	0.972
September	1.600	1.473	1.361	1.230	1.165	1.078	0.963
October	1.587	1.464	1.347	1.226	1.161	1.068	0.943
November	1.574	1.455	1.340	1.219	1.143	1.058	0.935
December	1.579	1.449	1.342	1.216	1.136	1.060	0.929

1989-1995

Month	1989	1990	1991	1992	1993	1994	1995
January	0.917	0.781	0.634	0.569	0.543	0.506	0.458
February	0.903	0.770	0.626	0.561	0.533	0.498	0.449
March	0.895	0.753	0.619	0.557	0.528	0.493	0.443
April	0.862	0.701	0.599	0.533	0.514	0.476	0.428
May	0.850	0.686	0.594	0.528	0.508	0.471	0.422
June	0.844	0.680	0.587	0.528	0.509	0.471	0.421
July	0.842	0.678	0.590	0.533	0.512	0.478	0.427
August	0.838	0.661	0.587	0.532	0.506	0.471	0.420
September	0.825	0.646	0.581	0.527	0.500	0.468	0.413
October	0.811	0.633	0.575	0.521	0.501	0.466	0.421
November	0.796	0.637	0.569	0.523	0.503	0.465	0.421
December	0.791	0.638	0.568	0.529	0.500	0.458	0.412

1996-2002

Month	1996	1997	1998	1999	2000	2001	2002
January	0.417	0.378	0.334	0.302	0.277	0.244	0.228
February	0.410	0.373	0.328	0.300	0.270	0.237	0.224
March	0.405	0.369	0.323	0.297	0.264	0.236	0.219
April	0.394	0.361	0.309	0.288	0.251	0.229	0.211
May	0.392	0.356	0.302	0.285	0.247	0.222	0.208
June	0.391	0.351	0.302	0.285	0.244	0.220	0.208
July	0.396	0.351	0.306	0.289	0.248	0.228	0.210
August	0.390	0.343	0.300	0.286	0.248	0.223	0.206
September	0.384	0.336	0.294	0.280	0.239	0.219	0.198
October	0.384	0.334	0.294	0.278	0.240	0.221	0.196
November	0.383	0.333	0.294	0.277	0.236	0.226	0.194
December	0.378	0.330	0.294	0.272	0.236	0.227	0.192

2003-2009

Month	2003	2004	2005	2006	2007	2008	2009
January	0.193	0.162	0.127	0.100	0.056	0.014	0.013
February	0.187	0.158	0.122	0.096	0.048	0.007	0.007
March	0.183	0.153	0.117	0.091	0.041	0.003	0.007
April	0.174	0.146	0.111	0.083	0.036	Nil	0.006
May	0.172	0.141	0.108	0.076	0.032	Nil	Nil
June	0.174	0.139	0.107	0.072	0.027	Nil
July	0.174	0.139	0.107	0.072	0.033	Nil
August	0.172	0.136	0.105	0.068	0.027	Nil
September	0.166	0.131	0.102	0.063	0.023	Nil
October	0.165	0.128	0.101	0.062	0.019	Nil
November	0.165	0.126	0.099	0.058	0.015	Nil
December	0.160	0.121	0.096	0.050	0.009	Nil

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.

Archived Indexation Allowance Tables

Tables prior to December 2001 were published as monthly press notices

2009

• April
• March
• February
• January

2008

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2007

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2006

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2005

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2004

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2003

• December
• November
• October
• September
• August
• July
• June
• May
• April
• March
• February
• January

2002

• December
• November
• October
• September
• August
• July - table revised on 20 September see error on tables for details
• June - table revised on 20 September see error on tables for details
• May - table revised on 20 September see error on tables for details
• April - table revised on 20 September see error on tables for details
• March - table revised on 20 September see error on tables for details
• February - table revised on 20 September see error on tables for details
• January

2001

• December
• November
• October
• September