Corporation Tax on Chargeable Gains

Indexation allowance

June 2008

The value of the retail price index, as published by the Office for National Statistics, for June 2008 is 216.8 (January 1987 = 100).

The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in June 2008 is as follows:

1982 - 1988

Month

1982

1983

1984

1985

1986

1987

1988

January

-

1.624

1.496

1.377

1.253

1.168

1.099

February

-

1.613

1.486

1.358

1.244

1.159

1.091

March

1.729

1.608

1.478

1.336

1.241

1.155

1.083

April

1.675

1.572

1.446

1.287

1.220

1.130

1.049

May

1.656

1.561

1.437

1.277

1.216

1.128

1.041

June

1.649

1.555

1.430

1.272

1.217

1.128

1.034

July

1.648

1.542

1.433

1.276

1.223

1.130

1.032

August

1.647

1.530

1.411

1.270

1.216

1.123

1.009

September

1.649

1.519

1.406

1.272

1.205

1.117

1.000

October

1.636

1.510

1.391

1.268

1.202

1.107

0.980

November

1.623

1.502

1.384

1.260

1.183

1.097

0.971

December

1.628

1.495

1.386

1.257

1.176

1.099

0.966
1989 - 1995

Month

1989

1990

1991

1992

1993

1994

1995

January

0.953

0.814

0.665

0.599

0.572

0.534

0.485

February

0.939

0.804

0.656

0.591

0.562

0.526

0.476

March

0.931

0.786

0.650

0.586

0.556

0.521

0.470

April

0.897

0.733

0.629

0.562

0.542

0.503

0.455

May

0.885

0.718

0.624

0.556

0.536

0.498

0.449

June

0.879

0.711

0.617

0.556

0.538

0.498

0.447

July

0.877

0.710

0.620

0.562

0.541

0.506

0.454

August

0.872

0.692

0.617

0.561

0.534

0.498

0.446

September

0.859

0.677

0.611

0.555

0.528

0.495

0.440

October

0.845

0.664

0.605

0.550

0.529

0.493

0.447

November

0.830

0.668

0.599

0.552

0.531

0.492

0.447

December

0.825

0.669

0.598

0.557

0.528

0.485

0.439
1996 - 2002

Month

1996

1997

1998

1999

2000

2001

2002

January

0.443

0.404

0.359

0.327

0.301

0.267

0.251

February

0.437

0.399

0.352

0.324

0.294

0.260

0.247

March

0.431

0.395

0.348

0.321

0.287

0.259

0.242

April

0.421

0.387

0.333

0.312

0.275

0.252

0.234

May

0.418

0.382

0.326

0.309

0.270

0.245

0.230

June

0.417

0.377

0.327

0.309

0.267

0.243

0.230

July

0.423

0.377

0.330

0.313

0.272

0.251

0.233

August

0.416

0.368

0.324

0.310

0.272

0.246

0.229

September

0.410

0.361

0.319

0.304

0.263

0.242

0.221

October

0.410

0.359

0.318

0.302

0.263

0.244

0.219

November

0.409

0.358

0.319

0.301

0.260

0.249

0.217

December

0.404

0.355

0.319

0.296

0.259

0.250

0.215
2003 - 2009

Month

2003

2004

2005

2006

2007

2008

2009

January

0.215

0.184

0.148

0.121

0.075

0.033

 

February

0.209

0.180

0.143

0.116

0.067

0.026

 

March

0.205

0.174

0.138

0.112

0.061

0.022

 

April

0.196

0.167

0.132

0.103

0.056

0.013

 

May

0.194

0.162

0.129

0.097

0.051

0.008

 

June

0.196

0.161

0.128

0.092

0.046

Nil

 

July

0.196

0.161

0.128

0.092

0.052

 

 

August

0.194

0.157

0.126

0.088

0.046

 

 

September

0.188

0.153

0.123

0.083

0.042

 

 

October

0.187

0.150

0.122

0.082

0.038

 

 

November

0.187

0.147

0.120

0.078

0.034

 

 

December

0.181

0.142

0.117

0.070

0.028

 

 

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

2008

2007

2006

2005

2004

2003

2002

2001