Indexation Allowance: Chargeable Gains Subject to Corporation Tax
Corporation Tax on Chargeable Gains: Indexation Allowance:
February 2003
The value of the retail price index, as published by the Office for National
Statistics, for February 2003 is 179.3 (January 1987 = 100).
The indexed rise to be used in calculating the indexation allowance in
respect of assets disposed of in February 2003 is as follows:
RI Month RI Year
| |
1982
|
1983
|
1984
|
1985
|
1986
|
1987
|
1988
|
| |
|
|
|
|
|
|
|
|
January
|
-
|
1.170
|
1.065
|
0.966
|
0.863
|
0.793
|
0.736
|
|
February
|
-
|
1.161
|
1.056
|
0.950
|
0.856
|
0.786
|
0.729
|
|
March
|
1.257
|
1.157
|
1.050
|
0.932
|
0.854
|
0.782
|
0.722
|
|
April
|
1.213
|
1.127
|
1.023
|
0.892
|
0.836
|
0.761
|
0.695
|
|
May
|
1.197
|
1.118
|
1.015
|
0.883
|
0.832
|
0.760
|
0.688
|
|
June
|
1.191
|
1.113
|
1.010
|
0.879
|
0.833
|
0.760
|
0.682
|
|
July
|
1.190
|
1.102
|
1.012
|
0.883
|
0.839
|
0.761
|
0.680
|
|
August
|
1.189
|
1.093
|
0.994
|
0.878
|
0.833
|
0.756
|
0.662
|
|
September
|
1.191
|
1.083
|
0.990
|
0.879
|
0.824
|
0.751
|
0.654
|
|
October
|
1.180
|
1.076
|
0.977
|
0.876
|
0.821
|
0.742
|
0.637
|
|
November
|
1.169
|
1.069
|
0.971
|
0.869
|
0.806
|
0.734
|
0.630
|
|
December
|
1.173
|
1.063
|
0.973
|
0.867
|
0.800
|
0.736
|
0.626
|
| |
|
|
|
|
|
|
|
| |
1989
|
1990
|
1991
|
1992
|
1993
|
1994
|
1995
|
| |
|
|
|
|
|
|
|
|
January
|
0.615
|
0.500
|
0.377
|
0.322
|
0.300
|
0.269
|
0.228
|
|
February
|
0.604
|
0.492
|
0.370
|
0.315
|
0.292
|
0.262
|
0.221
|
|
March
|
0.597
|
0.477
|
0.365
|
0.312
|
0.287
|
0.258
|
0.216
|
|
April
|
0.569
|
0.433
|
0.347
|
0.292
|
0.275
|
0.243
|
0.203
|
|
May
|
0.559
|
0.421
|
0.343
|
0.287
|
0.271
|
0.239
|
0.199
|
|
June
|
0.554
|
0.415
|
0.337
|
0.287
|
0.272
|
0.239
|
0.197
|
|
July
|
0.552
|
0.414
|
0.340
|
0.292
|
0.274
|
0.245
|
0.203
|
|
August
|
0.548
|
0.400
|
0.337
|
0.291
|
0.269
|
0.239
|
0.196
|
|
September
|
0.538
|
0.387
|
0.332
|
0.286
|
0.264
|
0.237
|
0.191
|
|
October
|
0.526
|
0.376
|
0.327
|
0.282
|
0.264
|
0.235
|
0.197
|
|
November
|
0.513
|
0.379
|
0.322
|
0.283
|
0.266
|
0.234
|
0.197
|
|
December
|
0.509
|
0.380
|
0.321
|
0.288
|
0.264
|
0.228
|
0.190
|
| |
|
|
|
|
|
|
|
| |
1996
|
1997
|
1998
|
1999
|
2000
|
2001
|
2002
|
| |
|
|
|
|
|
|
|
|
January
|
0.194
|
0.161
|
0.124
|
0.097
|
0.076
|
0.048
|
0.035
|
|
February
|
0.188
|
0.157
|
0.119
|
0.095
|
0.070
|
0.042
|
0.032
|
|
March
|
0.183
|
0.154
|
0.115
|
0.093
|
0.065
|
0.041
|
0.028
|
|
April
|
0.175
|
0.147
|
0.103
|
0.085
|
0.054
|
0.036
|
0.020
|
|
May
|
0.173
|
0.143
|
0.097
|
0.083
|
0.050
|
0.029
|
0.018
|
|
June
|
0.172
|
0.138
|
0.097
|
0.083
|
0.048
|
0.028
|
0.018
|
|
July
|
0.177
|
0.138
|
0.100
|
0.086
|
0.052
|
0.035
|
0.019
|
|
August
|
0.171
|
0.131
|
0.095
|
0.083
|
0.052
|
0.030
|
0.016
|
|
September
|
0.166
|
0.126
|
0.091
|
0.079
|
0.044
|
0.027
|
0.010
|
|
October
|
0.166
|
0.124
|
0.090
|
0.077
|
0.045
|
0.029
|
0.008
|
|
November
|
0.165
|
0.123
|
0.091
|
0.076
|
0.042
|
0.033
|
0.006
|
|
December
|
0.161
|
0.121
|
0.091
|
0.072
|
0.041
|
0.034
|
0.004
|
| |
|
|
|
|
|
|
|
| |
2003
|
2004
|
2005
|
2006
|
2007
|
2008
|
2009
|
| |
|
|
|
|
|
|
|
|
January
|
0.005
|
|
|
|
|
|
|
|
February
|
|
|
|
|
|
|
|
|
March
|
|
|
|
|
|
|
|
|
April
|
|
|
|
|
|
|
|
|
May
|
|
|
|
|
|
|
|
|
June
|
|
|
|
|
|
|
|
|
July
|
|
|
|
|
|
|
|
|
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.
