Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance:
December 2002
The value of the retail price index, as published by the Office for National Statistics, for December 2002 is 178.5 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in December 2002 is as follows:
RI Month |
RI
Year |
||||||
|---|---|---|---|---|---|---|---|
| 1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
|
| January |
- |
1.161 |
1.055 |
0.957 |
0.855 |
0.785 |
0.728 |
| February |
- |
1.151 |
1.047 |
0.942 |
0.848 |
0.778 |
0.721 |
| March |
1.247 |
1.148 |
1.041 |
0.923 |
0.845 |
0.774 |
0.715 |
| April |
1.203 |
1.118 |
1.014 |
0.883 |
0.828 |
0.753 |
0.687 |
| May |
1.187 |
1.109 |
1.006 |
0.875 |
0.824 |
0.752 |
0.681 |
| June |
1.181 |
1.104 |
1.001 |
0.871 |
0.825 |
0.752 |
0.674 |
| July |
1.180 |
1.093 |
1.003 |
0.874 |
0.830 |
0.753 |
0.673 |
| August |
1.179 |
1.083 |
0.985 |
0.869 |
0.825 |
0.748 |
0.654 |
| September |
1.181 |
1.074 |
0.981 |
0.870 |
0.816 |
0.743 |
0.647 |
| October |
1.170 |
1.067 |
0.969 |
0.867 |
0.813 |
0.735 |
0.630 |
| November |
1.159 |
1.060 |
0.963 |
0.861 |
0.798 |
0.726 |
0.623 |
| December |
1.163 |
1.054 |
0.964 |
0.858 |
0.792 |
0.728 |
0.618 |
| 1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|
| January |
0.608 |
0.494 |
0.371 |
0.316 |
0.294 |
0.263 |
0.223 |
| February |
0.597 |
0.485 |
0.364 |
0.310 |
0.286 |
0.256 |
0.215 |
| March |
0.589 |
0.470 |
0.358 |
0.306 |
0.281 |
0.253 |
0.210 |
| April |
0.562 |
0.427 |
0.341 |
0.286 |
0.270 |
0.238 |
0.198 |
| May |
0.552 |
0.414 |
0.337 |
0.281 |
0.265 |
0.234 |
0.193 |
| June |
0.547 |
0.409 |
0.331 |
0.281 |
0.266 |
0.234 |
0.192 |
| July |
0.545 |
0.408 |
0.334 |
0.286 |
0.269 |
0.240 |
0.197 |
| August |
0.541 |
0.393 |
0.331 |
0.285 |
0.263 |
0.234 |
0.191 |
| September |
0.531 |
0.381 |
0.326 |
0.280 |
0.258 |
0.231 |
0.185 |
| October |
0.519 |
0.370 |
0.321 |
0.276 |
0.259 |
0.229 |
0.192 |
| November |
0.506 |
0.373 |
0.316 |
0.278 |
0.261 |
0.228 |
0.192 |
| December |
0.503 |
0.374 |
0.315 |
0.282 |
0.258 |
0.223 |
0.184 |
| 1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|
| January |
0.188 |
0.156 |
0.119 |
0.092 |
0.071 |
0.043 |
0.030 |
| February |
0.183 |
0.152 |
0.114 |
0.090 |
0.066 |
0.038 |
0.027 |
| March |
0.178 |
0.149 |
0.110 |
0.088 |
0.060 |
0.037 |
0.023 |
| April |
0.170 |
0.142 |
0.098 |
0.081 |
0.049 |
0.031 |
0.016 |
| May |
0.167 |
0.138 |
0.092 |
0.078 |
0.046 |
0.025 |
0.013 |
| June |
0.167 |
0.133 |
0.092 |
0.078 |
0.043 |
0.024 |
0.013 |
| July |
0.171 |
0.133 |
0.095 |
0.081 |
0.047 |
0.030 |
0.015 |
| August |
0.166 |
0.126 |
0.090 |
0.079 |
0.047 |
0.026 |
0.012 |
| September |
0.161 |
0.121 |
0.086 |
0.074 |
0.040 |
0.022 |
0.005 |
| October |
0.161 |
0.119 |
0.085 |
0.072 |
0.040 |
0.024 |
0.003 |
| November |
0.160 |
0.118 |
0.086 |
0.071 |
0.037 |
0.028 |
0.002 |
| December |
0.156 |
0.116 |
0.086 |
0.067 |
0.037 |
0.029 |
|
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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