Corporation Tax on Chargeable Gains

Indexation allowance

The value of the retail price index, as published by the Office for National Statistics, for February 2009 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 2009 is as follows:

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	1.439	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

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

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	0.293	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

Month	2003	2004	2005	2006	2007	2008	2009
January	0.185	0.155	0.119	0.093	0.049	0.008	0.006
February	0.179	0.150	0.115	0.089	0.041	Nil	Nil
March	0.175	0.145	0.110	0.084	0.034	Nil
April	0.167	0.138	0.103	0.076	0.029	Nil
May	0.165	0.134	0.101	0.069	0.025	Nil
June	0.166	0.132	0.100	0.065	0.020	Nil
July	0.166	0.132	0.100	0.065	0.026	Nil
August	0.164	0.128	0.098	0.061	0.020	Nil
September	0.158	0.124	0.095	0.056	0.016	Nil
October	0.158	0.121	0.094	0.055	0.012	Nil
November	0.157	0.119	0.092	0.051	0.008	Nil
December	0.152	0.113	0.089	0.043	0.002	Nil

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.

Tables prior to December 2001 were published as monthly press notices