Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance:
March 2003
The value of the retail price index, as published by the Office for National Statistics, for March 2003 is 179.9 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in March 2003 is as follows:
RI Month RI Year
1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
|
|---|---|---|---|---|---|---|---|
January |
- |
1.178 |
1.072 |
0.973 |
0.869 |
0.799 |
0.742 |
February |
- |
1.168 |
1.063 |
0.957 |
0.862 |
0.792 |
0.735 |
March |
1.265 |
1.164 |
1.057 |
0.939 |
0.860 |
0.788 |
0.728 |
April |
1.220 |
1.134 |
1.029 |
0.898 |
0.842 |
0.767 |
0.700 |
May |
1.204 |
1.126 |
1.022 |
0.890 |
0.839 |
0.765 |
0.694 |
June |
1.198 |
1.120 |
1.017 |
0.886 |
0.840 |
0.765 |
0.688 |
July |
1.197 |
1.109 |
1.019 |
0.889 |
0.845 |
0.767 |
0.686 |
August |
1.197 |
1.100 |
1.000 |
0.884 |
0.839 |
0.762 |
0.667 |
September |
1.198 |
1.090 |
0.996 |
0.885 |
0.830 |
0.757 |
0.660 |
October |
1.187 |
1.083 |
0.984 |
0.882 |
0.827 |
0.748 |
0.643 |
November |
1.176 |
1.076 |
0.978 |
0.876 |
0.812 |
0.740 |
0.635 |
December |
1.180 |
1.070 |
0.980 |
0.873 |
0.806 |
0.742 |
0.631 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|
|---|---|---|---|---|---|---|---|
January |
0.621 |
0.505 |
0.382 |
0.327 |
0.305 |
0.273 |
0.232 |
February |
0.609 |
0.497 |
0.374 |
0.320 |
0.296 |
0.266 |
0.225 |
March |
0.602 |
0.482 |
0.369 |
0.316 |
0.291 |
0.262 |
0.220 |
April |
0.574 |
0.438 |
0.352 |
0.296 |
0.280 |
0.248 |
0.207 |
May |
0.564 |
0.426 |
0.348 |
0.291 |
0.275 |
0.243 |
0.203 |
June |
0.559 |
0.420 |
0.342 |
0.291 |
0.276 |
0.243 |
0.201 |
July |
0.558 |
0.419 |
0.345 |
0.296 |
0.279 |
0.249 |
0.207 |
August |
0.554 |
0.404 |
0.342 |
0.295 |
0.273 |
0.243 |
0.200 |
September |
0.543 |
0.391 |
0.337 |
0.291 |
0.268 |
0.241 |
0.195 |
October |
0.531 |
0.381 |
0.332 |
0.286 |
0.269 |
0.239 |
0.201 |
November |
0.518 |
0.384 |
0.327 |
0.288 |
0.270 |
0.238 |
0.201 |
December |
0.514 |
0.385 |
0.326 |
0.292 |
0.268 |
0.232 |
0.194 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|
|---|---|---|---|---|---|---|---|
January |
0.198 |
0.165 |
0.128 |
0.101 |
0.080 |
0.051 |
0.038 |
February |
0.192 |
0.161 |
0.122 |
0.099 |
0.074 |
0.046 |
0.035 |
March |
0.187 |
0.158 |
0.119 |
0.096 |
0.068 |
0.045 |
0.031 |
April |
0.179 |
0.151 |
0.106 |
0.089 |
0.058 |
0.039 |
0.024 |
May |
0.177 |
0.147 |
0.100 |
0.086 |
0.054 |
0.033 |
0.021 |
June |
0.176 |
0.142 |
0.101 |
0.086 |
0.051 |
0.032 |
0.021 |
July |
0.180 |
0.142 |
0.104 |
0.090 |
0.055 |
0.038 |
0.023 |
August |
0.175 |
0.135 |
0.099 |
0.087 |
0.055 |
0.034 |
0.020 |
September |
0.170 |
0.129 |
0.094 |
0.082 |
0.048 |
0.030 |
0.013 |
October |
0.170 |
0.128 |
0.094 |
0.080 |
0.048 |
0.032 |
0.011 |
November |
0.169 |
0.127 |
0.094 |
0.079 |
0.045 |
0.036 |
0.010 |
December |
0.165 |
0.124 |
0.094 |
0.075 |
0.045 |
0.037 |
0.008 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|
|---|---|---|---|---|---|---|---|
January |
0.008 |
||||||
February |
0.003 |
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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