Corporation Tax on chargeable gains: indexation allowance

May 2006

The value of the retail price index, as published by the Office for National Statistics, for May 2006 is 197.7 (January 1987 = 100).

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

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

1982 - 1988

	1982	1983	1984	1985	1986	1987	1988
January	-	1.393	1.276	1.168	1.054	0.977	0.914
February	-	1.383	1.267	1.150	1.047	0.969	0.906
March	1.489	1.379	1.260	1.130	1.044	0.965	0.899
April	1.440	1.346	1.230	1.086	1.024	0.942	0.869
May	1.422	1.336	1.222	1.076	1.021	0.940	0.862
June	1.415	1.330	1.216	1.072	1.022	0.940	0.855
July	1.415	1.318	1.219	1.076	1.027	0.942	0.853
August	1.414	1.307	1.198	1.070	1.021	0.936	0.832
September	1.415	1.297	1.194	1.072	1.011	0.931	0.824
October	1.403	1.289	1.180	1.068	1.008	0.921	0.805
November	1.392	1.281	1.174	1.061	0.991	0.912	0.797
December	1.396	1.275	1.176	1.058	0.985	0.914	0.792

1989 - 1995

	1989	1990	1991	1992	1993	1994	1995
January	0.781	0.654	0.518	0.458	0.434	0.399	0.354
February	0.768	0.645	0.510	0.450	0.424	0.391	0.346
March	0.760	0.629	0.505	0.446	0.419	0.387	0.340
April	0.730	0.580	0.485	0.424	0.406	0.371	0.327
May	0.719	0.567	0.481	0.419	0.401	0.366	0.322
June	0.713	0.560	0.474	0.419	0.402	0.366	0.320
July	0.712	0.559	0.478	0.424	0.405	0.373	0.326
August	0.707	0.543	0.474	0.423	0.399	0.366	0.319
September	0.696	0.529	0.469	0.418	0.393	0.363	0.313
October	0.683	0.517	0.463	0.413	0.394	0.362	0.320
November	0.668	0.521	0.458	0.415	0.396	0.361	0.320
December	0.664	0.522	0.457	0.420	0.393	0.354	0.312

1996 - 2002

	1996	1997	1998	1999	2000	2001	2002
January	0.316	0.280	0.239	0.210	0.187	0.155	0.141
February	0.310	0.275	0.233	0.208	0.180	0.149	0.138
March	0.305	0.272	0.229	0.205	0.174	0.148	0.133
April	0.296	0.265	0.216	0.197	0.162	0.142	0.125
May	0.293	0.260	0.209	0.194	0.158	0.135	0.122
June	0.292	0.255	0.210	0.194	0.155	0.134	0.122
July	0.297	0.255	0.213	0.197	0.160	0.141	0.124
August	0.291	0.247	0.208	0.195	0.160	0.136	0.121
September	0.285	0.241	0.203	0.190	0.151	0.132	0.113
October	0.285	0.239	0.202	0.187	0.152	0.134	0.111
November	0.285	0.239	0.203	0.186	0.149	0.139	0.109
December	0.280	0.236	0.203	0.182	0.148	0.140	0.108

2003 - 2006

	2003	2004	2005	2006
January	0.108	0.080	0.047	0.022
February	0.103	0.076	0.043	0.018
March	0.099	0.071	0.038	0.014
April	0.091	0.065	0.032	0.006
May	0.089	0.060	0.030	Nil
June	0.090	0.058	0.029
July	0.090	0.058	0.029
August	0.089	0.055	0.026
September	0.083	0.051	0.024
October	0.083	0.048	0.023
November	0.082	0.046	0.021
December	0.077	0.041	0.019

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