Corporation Tax on Chargeable Gains

Indexation allowance

The value of the retail price index, as published by the Office for National Statistics, for January 2009 is 210.1 (January 1987 = 100).

The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in January 2009 is as follows:

Month	1982	1983	1984	1985	1986	1987	1988
January	-	1.543	1.419	1.304	1.183	1.101	1.034
February	-	1.532	1.409	1.285	1.175	1.093	1.026
March	1.645	1.528	1.402	1.264	1.172	1.088	1.018
April	1.593	1.493	1.37	1.217	1.151	1.064	0.986
May	1.574	1.482	1.361	1.207	1.147	1.062	0.978
June	1.567	1.476	1.355	1.202	1.148	1.062	0.971
July	1.566	1.463	1.358	1.206	1.155	1.064	0.969
August	1.565	1.452	1.336	1.2	1.148	1.058	0.947
September	1.567	1.441	1.331	1.201	1.137	1.052	0.938
October	1.554	1.433	1.317	1.198	1.134	1.042	0.919
November	1.542	1.424	1.31	1.19	1.116	1.032	0.91
December	1.546	1.418	1.312	1.188	1.109	1.034	0.905

Month	1989	1990	1991	1992	1993	1994	1995
January	0.893	0.758	0.614	0.549	0.524	0.487	0.439
February	0.879	0.748	0.605	0.541	0.514	0.479	0.43
March	0.871	0.731	0.599	0.537	0.508	0.474	0.424
April	0.838	0.679	0.579	0.514	0.494	0.457	0.41
May	0.827	0.665	0.574	0.508	0.489	0.452	0.404
June	0.821	0.658	0.567	0.508	0.49	0.452	0.403
July	0.819	0.657	0.57	0.514	0.493	0.459	0.409
August	0.814	0.64	0.567	0.513	0.487	0.452	0.402
September	0.802	0.625	0.561	0.507	0.481	0.449	0.395
October	0.788	0.612	0.555	0.502	0.482	0.447	0.403
November	0.773	0.616	0.549	0.504	0.484	0.446	0.403
December	0.769	0.617	0.548	0.509	0.481	0.439	0.394

Month	1996	1997	1998	1999	2000	2001	2002
January	0.399	0.361	0.317	0.286	0.261	0.228	0.212
February	0.392	0.355	0.311	0.283	0.254	0.222	0.209
March	0.387	0.352	0.307	0.28	0.248	0.22	0.204
April	0.377	0.344	0.292	0.272	0.235	0.214	0.196
May	0.374	0.339	0.285	0.269	0.231	0.206	0.192
June	0.373	0.334	0.286	0.269	0.228	0.205	0.192
July	0.379	0.334	0.289	0.273	0.232	0.212	0.194
August	0.372	0.326	0.283	0.269	0.232	0.207	0.191
September	0.366	0.319	0.278	0.264	0.224	0.203	0.183
October	0.366	0.317	0.277	0.262	0.224	0.205	0.181
November	0.365	0.316	0.278	0.26	0.221	0.21	0.179
December	0.361	0.313	0.278	0.256	0.22	0.212	0.177

Month	2003	2004	2005	2006	2007	2008	2009
January	0.178	0.147	0.112	0.086	0.042	0.001	Nil
February	0.172	0.143	0.108	0.082	0.034	Nil
March	0.168	0.138	0.103	0.077	0.028	Nil
April	0.159	0.131	0.097	0.069	0.023	Nil
May	0.158	0.127	0.094	0.063	0.019	Nil
June	0.159	0.125	0.093	0.058	0.014	Nil
July	0.159	0.125	0.093	0.058	0.019	Nil
August	0.157	0.121	0.091	0.055	0.014	Nil
September	0.151	0.117	0.088	0.05	0.01	Nil
October	0.151	0.114	0.087	0.048	0.006	Nil
November	0.15	0.112	0.085	0.045	0.002	Nil
December	0.145	0.106	0.082	0.037	Nil	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