Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance:
September 2003
The value of the retail price index, as published by the Office for National Statistics, for September 2003 is 182.5 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in September 2003 is as follows
| RI Month | 1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
|---|---|---|---|---|---|---|---|
| January |
- |
1.209 |
1.101 |
1.001 |
0.896 |
0.825 |
0.767 |
| February |
- |
1.200 |
1.093 |
0.985 |
0.889 |
0.818 |
0.760 |
| March |
1.297 |
1.196 |
1.086 |
0.967 |
0.887 |
0.814 |
0.753 |
| April |
1.252 |
1.165 |
1.059 |
0.926 |
0.869 |
0.793 |
0.725 |
| May |
1.236 |
1.156 |
1.051 |
0.917 |
0.865 |
0.791 |
0.718 |
| June |
1.230 |
1.151 |
1.046 |
0.913 |
0.866 |
0.791 |
0.712 |
| July |
1.229 |
1.140 |
1.048 |
0.916 |
0.871 |
0.793 |
0.710 |
| August |
1.228 |
1.130 |
1.029 |
0.911 |
0.866 |
0.787 |
0.691 |
| September |
1.230 |
1.121 |
1.025 |
0.912 |
0.857 |
0.782 |
0.684 |
| October |
1.219 |
1.113 |
1.013 |
0.909 |
0.854 |
0.774 |
0.667 |
| November |
1.208 |
1.106 |
1.007 |
0.903 |
0.838 |
0.765 |
0.659 |
| December |
1.212 |
1.100 |
1.008 |
0.900 |
0.832 |
0.767 |
0.655 |
| RI Month | 1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|---|---|---|---|---|---|---|---|
| January |
0.644 |
0.527 |
0.402 |
0.346 |
0.323 |
0.292 |
0.250 |
| February |
0.632 |
0.518 |
0.394 |
0.339 |
0.315 |
0.284 |
0.242 |
| March |
0.625 |
0.503 |
0.389 |
0.335 |
0.310 |
0.281 |
0.237 |
| April |
0.597 |
0.459 |
0.371 |
0.315 |
0.298 |
0.266 |
0.225 |
| May |
0.587 |
0.446 |
0.367 |
0.310 |
0.293 |
0.261 |
0.220 |
| June |
0.581 |
0.440 |
0.361 |
0.310 |
0.294 |
0.261 |
0.218 |
| July |
0.580 |
0.439 |
0.364 |
0.315 |
0.297 |
0.267 |
0.224 |
| August |
0.576 |
0.425 |
0.361 |
0.314 |
0.292 |
0.261 |
0.217 |
| September |
0.565 |
0.411 |
0.356 |
0.309 |
0.286 |
0.259 |
0.212 |
| October |
0.553 |
0.401 |
0.351 |
0.305 |
0.287 |
0.257 |
0.218 |
| November |
0.540 |
0.404 |
0.346 |
0.306 |
0.289 |
0.256 |
0.218 |
| December |
0.536 |
0.405 |
0.345 |
0.311 |
0.286 |
0.250 |
0.211 |
| RI Month | 1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|---|---|---|---|---|---|---|---|
| January |
0.215 |
0.182 |
0.144 |
0.117 |
0.095 |
0.067 |
0.053 |
| February |
0.209 |
0.177 |
0.138 |
0.115 |
0.090 |
0.061 |
0.050 |
| March |
0.205 |
0.174 |
0.135 |
0.112 |
0.084 |
0.060 |
0.046 |
| April |
0.196 |
0.168 |
0.122 |
0.105 |
0.073 |
0.054 |
0.039 |
| May |
0.194 |
0.163 |
0.116 |
0.102 |
0.069 |
0.048 |
0.036 |
| June |
0.193 |
0.159 |
0.117 |
0.102 |
0.067 |
0.046 |
0.036 |
| July |
0.198 |
0.159 |
0.120 |
0.105 |
0.070 |
0.053 |
0.038 |
| August |
0.192 |
0.151 |
0.115 |
0.103 |
0.070 |
0.049 |
0.035 |
| September |
0.187 |
0.146 |
0.110 |
0.098 |
0.063 |
0.045 |
0.028 |
| October |
0.187 |
0.144 |
0.109 |
0.096 |
0.064 |
0.047 |
0.026 |
| November |
0.186 |
0.143 |
0.110 |
0.095 |
0.060 |
0.051 |
0.024 |
| December |
0.182 |
0.141 |
0.110 |
0.091 |
0.060 |
0.052 |
0.022 |
| RI Month | 2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|---|---|---|---|---|---|---|---|
| January |
0.023 |
- |
- |
- |
- |
- |
- |
| February |
0.018 |
- |
- |
- |
- |
- |
- |
| March |
0.014 |
- |
- |
- |
- |
- |
- |
| April |
0.007 |
- |
- |
- |
- |
- |
- |
| May |
0.006 |
- |
- |
- |
- |
- |
- |
| June |
0.007 |
- |
- |
- |
- |
- |
- |
| July |
0.007 |
- |
- |
- |
- |
- |
- |
| August |
0.005 |
- |
- |
- |
- |
- |
- |
| September |
Nil |
- |
- |
- |
- |
- |
- |
| October |
- |
- |
- |
- |
- |
- |
- |
| November |
- |
- |
- |
- |
- |
- |
- |
| December |
- |
- |
- |
- |
- |
- |
- |
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
