Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance: August 2003
The value of the retail price index, as published by the Office for National Statistics, for August 2003 is 181.6 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in August 2003 is as follows:
| RI Month | RI Year | ||||||
|---|---|---|---|---|---|---|---|
| 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | |
| January | - |
1.198 |
1.091 |
0.991 |
0.887 |
0.816 |
0.758 |
| February | - |
1.189 |
1.083 |
0.975 |
0.880 |
0.809 |
0.751 |
| March | 1.286 |
1.185 |
1.076 |
0.957 |
0.877 |
0.805 |
0.744 |
| April | 1.241 |
1.155 |
1.049 |
0.916 |
0.859 |
0.784 |
0.716 |
| May | 1.225 |
1.146 |
1.041 |
0.907 |
0.856 |
0.782 |
0.710 |
| June | 1.219 |
1.140 |
1.036 |
0.903 |
0.857 |
0.782 |
0.704 |
| July | 1.218 |
1.129 |
1.038 |
0.907 |
0.862 |
0.784 |
0.702 |
| August | 1.217 |
1.120 |
1.019 |
0.902 |
0.856 |
0.779 |
0.683 |
| September | 1.219 |
1.110 |
1.015 |
0.903 |
0.847 |
0.773 |
0.675 |
| October | 1.208 |
1.103 |
1.003 |
0.900 |
0.845 |
0.765 |
0.658 |
| November | 1.197 |
1.095 |
0.997 |
0.893 |
0.829 |
0.756 |
0.651 |
| December | 1.201 |
1.090 |
0.998 |
0.891 |
0.823 |
0.758 |
0.646 |
| RI Month | RI Year | ||||||
|---|---|---|---|---|---|---|---|
| 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | |
| January | 0.636 |
0.520 |
0.395 |
0.339 |
0.317 |
0.285 |
0.244 |
| February | 0.624 |
0.511 |
0.387 |
0.332 |
0.308 |
0.278 |
0.236 |
| March | 0.617 |
0.496 |
0.382 |
0.328 |
0.304 |
0.274 |
0.231 |
| April | 0.589 |
0.452 |
0.364 |
0.308 |
0.292 |
0.259 |
0.219 |
| May | 0.579 |
0.439 |
0.360 |
0.304 |
0.287 |
0.255 |
0.214 |
| June | 0.574 |
0.433 |
0.354 |
0.304 |
0.288 |
0.255 |
0.212 |
| July | 0.572 |
0.432 |
0.357 |
0.308 |
0.291 |
0.261 |
0.218 |
| August | 0.568 |
0.418 |
0.354 |
0.307 |
0.285 |
0.255 |
0.211 |
| September | 0.557 |
0.404 |
0.349 |
0.303 |
0.280 |
0.252 |
0.206 |
| October | 0.546 |
0.394 |
0.344 |
0.298 |
0.281 |
0.251 |
0.212 |
| November | 0.532 |
0.397 |
0.339 |
0.300 |
0.282 |
0.250 |
0.212 |
| December | 0.529 |
0.398 |
0.338 |
0.305 |
0.280 |
0.244 |
0.205 |
| RI Month | RI Year | ||||||
|---|---|---|---|---|---|---|---|
| 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | |
| January | 0.209 |
0.176 |
0.139 |
0.111 |
0.090 |
0.061 |
0.048 |
| February | 0.203 |
0.172 |
0.133 |
0.109 |
0.084 |
0.056 |
0.045 |
| March | 0.199 |
0.169 |
0.129 |
0.107 |
0.078 |
0.055 |
0.041 |
| April | 0.190 |
0.162 |
0.117 |
0.099 |
0.068 |
0.049 |
0.034 |
| May | 0.188 |
0.157 |
0.111 |
0.097 |
0.064 |
0.042 |
0.031 |
| June | 0.187 |
0.153 |
0.111 |
0.097 |
0.061 |
0.041 |
0.031 |
| July | 0.192 |
0.153 |
0.114 |
0.100 |
0.065 |
0.048 |
0.032 |
| August | 0.186 |
0.146 |
0.109 |
0.097 |
0.065 |
0.044 |
0.029 |
| September | 0.181 |
0.140 |
0.105 |
0.093 |
0.058 |
0.040 |
0.023 |
| October | 0.181 |
0.139 |
0.104 |
0.091 |
0.058 |
0.042 |
0.021 |
| November | 0.180 |
0.138 |
0.105 |
0.089 |
0.055 |
0.046 |
0.019 |
| December | 0.176 |
0.135 |
0.105 |
0.085 |
0.055 |
0.047 |
0.017 |
| RI Month | RI Year | ||||||
|---|---|---|---|---|---|---|---|
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | |
| January | 0.018 |
- | - | - | - | - | - |
| February | 0.013 |
- | - | - | - | - | - |
| March | 0.009 |
- | - | - | - | - | - |
| April | 0.002 |
- | - | - | - | - | - |
| May | 0.001 |
- | - | - | - | - | - |
| June | 0.002 |
- | - | - | - | - | - |
| July | 0.002 |
- | - | - | - | - | - |
| August | - | - | - | - | - | - | - |
| September | - | - | - | - | - | - | - |
| 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.
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