Corporation Tax on Chargeable Gains: Indexation Allowance

March 2006

The value of the retail price index, as published by the Office for National Statistics, for March 2006 is 195.0 (January 1987 = 100).

The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in March 2006 is as follows:

1982 - 1988
1989 - 1995
1996 - 2002
2003 - 2006

1982 - 1988

	1982	1983	1984	1985	1986	1987	1988
January	-	1.360	1.245	1.138	1.026	0.950	0.888
February	-	1.350	1.236	1.121	1.019	0.942	0.880
March	1.455	1.346	1.229	1.101	1.016	0.938	0.873
April	1.406	1.314	1.200	1.057	0.997	0.916	0.843
May	1.389	1.304	1.192	1.048	0.993	0.914	0.836
June	1.382	1.298	1.186	1.044	0.994	0.914	0.829
July	1.382	1.286	1.189	1.048	1.000	0.916	0.828
August	1.381	1.276	1.168	1.042	0.993	0.910	0.807
September	1.382	1.266	1.164	1.043	0.984	0.904	0.799
October	1.371	1.258	1.151	1.040	0.981	0.895	0.781
November	1.359	1.250	1.144	1.033	0.964	0.886	0.773
December	1.363	1.244	1.146	1.030	0.957	0.888	0.768

1989 - 1995

	1989	1990	1991	1992	1993	1994	1995
January	0.757	0.632	0.498	0.438	0.414	0.380	0.336
February	0.744	0.622	0.490	0.431	0.405	0.372	0.327
March	0.736	0.606	0.484	0.426	0.400	0.368	0.322
April	0.706	0.559	0.465	0.405	0.387	0.352	0.309
May	0.696	0.545	0.461	0.400	0.382	0.348	0.303
June	0.690	0.539	0.454	0.400	0.383	0.348	0.302
July	0.688	0.538	0.457	0.405	0.386	0.354	0.308
August	0.684	0.522	0.454	0.404	0.380	0.348	0.301
September	0.672	0.508	0.449	0.399	0.374	0.345	0.295
October	0.660	0.497	0.443	0.394	0.375	0.343	0.302
November	0.646	0.500	0.438	0.396	0.377	0.342	0.302
December	0.641	0.501	0.437	0.401	0.374	0.336	0.294

1996 - 2002

	1996	1997	1998	1999	2000	2001	2002
January	0.298	0.263	0.223	0.193	0.170	0.140	0.125
February	0.292	0.258	0.216	0.191	0.164	0.134	0.122
March	0.287	0.255	0.213	0.188	0.158	0.132	0.117
April	0.278	0.248	0.199	0.180	0.146	0.127	0.110
May	0.275	0.243	0.193	0.178	0.142	0.119	0.107
June	0.275	0.238	0.193	0.178	0.140	0.118	0.107
July	0.280	0.238	0.196	0.181	0.144	0.125	0.109
August	0.274	0.230	0.191	0.178	0.144	0.121	0.105
September	0.268	0.224	0.186	0.173	0.136	0.117	0.098
October	0.268	0.223	0.185	0.171	0.136	0.119	0.096
November	0.267	0.222	0.186	0.170	0.133	0.123	0.094
December	0.263	0.219	0.186	0.166	0.132	0.125	0.092

2003 - 2006

	2003	2004	2005	2006
January	0.093	0.065	0.032	0.008
February	0.088	0.061	0.028	0.004
March	0.084	0.056	0.024	Nil
April	0.076	0.050	0.018
May	0.074	0.046	0.016
June	0.076	0.044	0.015
July	0.076	0.044	0.015
August	0.074	0.041	0.012
September	0.068	0.037	0.010
October	0.068	0.034	0.009
November	0.067	0.032	0.007
December	0.063	0.027	0.005

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

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