Corporation Tax on chargeable gains

Indexation allowance

February 2008

The value of the retail price index, as published by the Office for National Statistics, for February 2008 is 211.4 (January 1987 = 100).

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

1982 - 1988

Month

1982

1983

1984

1985

1986

1987

1988

January

-

1.559

1.434

1.318

1.196

1.114

1.046

February

-

1.548

1.424

1.299

1.188

1.106

1.039

March

1.661

1.543

1.417

1.278

1.185

1.101

1.031

April

1.609

1.508

1.385

1.230

1.164

1.077

0.998

May

1.590

1.498

1.376

1.220

1.161

1.075

0.991

June

1.583

1.492

1.370

1.216

1.162

1.075

0.983

July

1.582

1.478

1.373

1.220

1.168

1.077

0.981

August

1.581

1.467

1.351

1.214

1.161

1.071

0.959

September

1.583

1.456

1.346

1.215

1.151

1.064

0.950

October

1.570

1.448

1.331

1.212

1.147

1.054

0.931

November

1.557

1.469

1.324

1.204

1.129

1.044

0.922

December

1.562

1.433

1.326

1.201

1.122

1.046

0.917
1989 - 1995

Month

1989

1990

1991

1992

1993

1994

1995

January

0.905

0.769

0.624

0.559

0.533

0.496

0.448

February

0.891

0.759

0.615

0.551

0.523

0.488

0.439

March

0.882

0.741

0.609

0.546

0.518

0.484

0.433

April

0.850

0.690

0.588

0.523

0.504

0.466

0.419

May

0.838

0.675

0.584

0.518

0.498

0.461

0.413

June

0.832

0.669

0.576

0.518

0.499

0.461

0.411

July

0.830

0.667

0.580

0.523

0.502

0.468

0.418

August

0.826

0.650

0.576

0.522

0.496

0.461

0.410

September

0.813

0.635

0.571

0.516

0.490

0.458

0.404

October

0.799

0.622

0.565

0.511

0.491

0.456

0.411

November

0.784

0.626

0.559

0.513

0.493

0.455

0.411

December

0.779

0.627

0.558

0.519

0.490

0.448

0.403
1996 - 2002

Month

1996

1997

1998

1999

2000

2001

2002

January

0.407

0.369

0.325

0.294

0.269

0.236

0.220

February

0.401

0.364

0.319

0.291

0.262

0.229

0.216

March

0.395

0.360

0.315

0.288

0.255

0.228

0.211

April

0.385

0.353

0.300

0.280

0.243

0.221

0.203

May

0.383

0.347

0.2993

0.277

0.238

0.214

0.200

June

0.382

0.342

0.294

0.277

0.236

0.212

0.200

July

0.387

0.342

0.297

0.280

0.240

0.220

0.202

August

0.381

0.334

0.291

0.277

0.240

0.215

0.198

September

0.375

0.327

0.286

0.272

0.231

0.211

0.190

October

0.375

0.325

0.285

0.270

0.232

0.213

0.188

November

0.374

0.325

0.286

0.268

0.228

0.218

0.186

December

0.369

0.321

0.286

0.264

0.228

0.219

0.184
2003 - 2009

Month

2003

2004

2005

2006

2007

2008

2009

January

0.185

0.155

0.119

0.093

0.049

0.008

 

February

0.179

0.150

0.115

0.089

0.041

Nil

 

March

0.175

0.145

0.110

0.084

0.034

 

 

April

0.167

0.138

0.103

0.076

0.029

 

 

May

0.165

0.134

0.101

0.069

0.025

 

 

June

0.166

0.132

0.100

0.065

0.020

 

 

July

0.166

0.132

0.100

0.065

0.026

 

 

August

0.164

0.123

0.098

0.061

0.020

 

 

September

0.158

0.124

0.095

0.056

0.016

 

 

October

0.158

0.121

0.094

0.055

0.012

 

 

November

0.157

0.119

0.092

0.051

0.008

 

 

December

0.152

0.113

0.089

0.043

0.002

 

 

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