Corporation Tax on Chargeable Gains
Indexation allowance
December 2008
The value of the retail price index, as published by the Office for National Statistics, for December 2008 is 212.9 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in December 2008 is as follows:
1982-1988
| Month |
1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
|---|---|---|---|---|---|---|---|
| January |
- |
1.577 |
1.452 |
1.334 |
1.212 |
1.129 |
1.061 |
| February |
- |
1.566 |
1.442 |
1.316 |
1.204 |
1.121 |
1.053 |
| March |
1.680 |
1.561 |
1.434 |
1.294 |
1.201 |
1.116 |
1.045 |
| April |
1.627 |
1.526 |
1.402 |
1.246 |
1.180 |
1.091 |
1.012 |
| May |
1.608 |
1.515 |
1.393 |
1.236 |
1.176 |
1.089 |
1.005 |
| June |
1.601 |
1.509 |
1.387 |
1.231 |
1.177 |
1.089 |
0.997 |
| July |
1.600 |
1.496 |
1.389 |
1.236 |
1.183 |
1.091 |
0.995 |
| August |
1.599 |
1.485 |
1.367 |
1.230 |
1.176 |
1.085 |
0.973 |
| September |
1.601 |
1.474 |
1.363 |
1.231 |
1.166 |
1.079 |
0.964 |
| October |
1.588 |
1.465 |
1.348 |
1.227 |
1.162 |
1.069 |
0.944 |
| November |
1.576 |
1.457 |
1.341 |
1.220 |
1.144 |
1.059 |
0.935 |
| December |
1.580 |
1.450 |
1.343 |
1.217 |
1.137 |
1.061 |
0.930 |
1989-1995
| Month |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|---|---|---|---|---|---|---|---|
| January |
0.918 |
0.782 |
0.635 |
0.570 |
0.544 |
0.507 |
0.458 |
| February |
0.904 |
0.771 |
0.626 |
0.562 |
0.534 |
0.498 |
0.449 |
| March |
0.896 |
0.754 |
0.620 |
0.557 |
0.528 |
0.494 |
0.443 |
| April |
0.863 |
0.702 |
0.600 |
0.534 |
0.514 |
0.476 |
0.429 |
| May |
0.851 |
0.687 |
0.595 |
0.528 |
0.509 |
0.471 |
0.423 |
| June |
0.845 |
0.680 |
0.588 |
0.528 |
0.510 |
0.471 |
0.421 |
| July |
0.843 |
0.679 |
0.591 |
0.534 |
0.513 |
0.478 |
0.428 |
| August |
0.839 |
0.662 |
0.588 |
0.533 |
0.507 |
0.471 |
0.420 |
| September |
0.826 |
0.647 |
0.582 |
0.527 |
0.500 |
0.468 |
0.414 |
| October |
0.812 |
0.634 |
0.576 |
0.522 |
0.501 |
0.466 |
0.421 |
| November |
0.797 |
0.638 |
0.570 |
0.524 |
0.504 |
0.465 |
0.421 |
| December |
0.792 |
0.639 |
0.569 |
0.529 |
0.500 |
0.458 |
0.413 |
1996-2002
| Month |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|---|---|---|---|---|---|---|---|
| January |
0.417 |
0.379 |
0.335 |
0.303 |
0.278 |
0.244 |
0.229 |
| February |
0.411 |
0.374 |
0.328 |
0.301 |
0.271 |
0.238 |
0.225 |
| March |
0.405 |
0.370 |
0.324 |
0.297 |
0.264 |
0.236 |
0.220 |
| April |
0.395 |
0.362 |
0.309 |
0.289 |
0.252 |
0.230 |
0.212 |
| May |
0.392 |
0.357 |
0.302 |
0.286 |
0.247 |
0.222 |
0.208 |
| June |
0.392 |
0.352 |
0.303 |
0.286 |
0.244 |
0.221 |
0.208 |
| July |
0.397 |
0.352 |
0.306 |
0.290 |
0.249 |
0.229 |
0.210 |
| August |
0.391 |
0.343 |
0.301 |
0.286 |
0.249 |
0.224 |
0.207 |
| September |
0.384 |
0.336 |
0.295 |
0.281 |
0.240 |
0.219 |
0.199 |
| October |
0.384 |
0.335 |
0.294 |
0.279 |
0.241 |
0.221 |
0.197 |
| November |
0.383 |
0.334 |
0.295 |
0.277 |
0.237 |
0.226 |
0.195 |
| December |
0.379 |
0.331 |
0.295 |
0.273 |
0.236 |
0.228 |
0.193 |
2003-2009
| Month |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|---|---|---|---|---|---|---|---|
| January |
0.193 |
0.163 |
0.127 |
0.101 |
0.056 |
0.015 |
|
| February |
0.187 |
0.158 |
0.123 |
0.096 |
0.048 |
0.007 |
|
| March |
0.183 |
0.153 |
0.118 |
0.092 |
0.042 |
0.004 |
|
| April |
0.175 |
0.146 |
0.111 |
0.083 |
0.037 |
Nil |
|
| May |
0.173 |
0.142 |
0.109 |
0.077 |
0.032 |
Nil |
|
| June |
0.174 |
0.140 |
0.108 |
0.073 |
0.027 |
Nil |
|
| July |
0.174 |
0.140 |
0.108 |
0.073 |
0.033 |
Nil |
|
| August |
0.172 |
0.136 |
0.105 |
0.069 |
0.027 |
Nil |
|
| September |
0.167 |
0.132 |
0.103 |
0.064 |
0.024 |
Nil |
|
| October |
0.166 |
0.129 |
0.101 |
0.062 |
0.019 |
Nil |
|
| November |
0.165 |
0.126 |
0.100 |
0.059 |
0.015 |
Nil |
|
| December |
0.160 |
0.121 |
0.097 |
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
2008
2007
2006
2005
2004
2003
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
