Corporation Tax on chargeable gains: indexation allowance

July 2006

The value of the retail price index, as published by the Office for National Statistics, for July 2006 is 198.5 (January 1987 = 100).

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

1982 - 1988

 

1982

1983

1984

1985

1986

1987

1988

January

-

1.403

1.286

1.176

1.062

0.985

0.922

February

-

1.393

1.276

1.159

1.055

0.977

0.914

March

1.499

1.388

1.269

1.139

1.052

0.973

0.907

April

1.449

1.355

1.239

1.094

1.032

0.950

0.876

May

1.432

1.345

1.231

1.085

1.029

0.948

0.869

June

1.425

1.340

1.225

1.080

1.030

0.948

0.862

July

1.424

1.327

1.228

1.084

1.036

0.950

0.860

August

1.424

1.317

1.207

1.079

1.029

0.944

0.840

September

1.425

1.307

1.203

1.080

1.019

0.938

0.831

October

1.413

1.298

1.189

1.077

1.016

0.929

0.813

November

1.401

1.290

1.183

1.069

0.999

0.920

0.805

December

1.406

1.284

1.184

1.067

0.993

0.922

0.800

 

1989

1990

1991

1992

1993

1994

1995

January

0.788

0.661

0.525

0.464

0.439

0.405

0.360

February

0.775

0.651

0.516

0.456

0.430

0.397

0.351

March

0.768

0.635

0.511

0.452

0.425

0.393

0.346

April

0.737

0.587

0.491

0.430

0.412

0.377

0.332

May

0.726

0.573

0.487

0.425

0.407

0.372

0.327

June

0.720

0.567

0.480

0.425

0.408

0.372

0.325

July

0.719

0.565

0.484

0.430

0.411

0.378

0.331

August

0.714

0.550

0.480

0.429

0.405

0.372

0.324

September

0.702

0.535

0.475

0.424

0.399

0.369

0.318

October

0.689

0.523

0.469

0.419

0.400

0.367

0.325

November

0.675

0.527

0.464

0.421

0.402

0.366

0.325

December

0.671

0.528

0.463

0.426

0.399

0.360

0.317

 

1996

1997

1998

1999

2000

2001

2002

 

 

 

 

 

 

 

 

January

0.322

0.286

0.245

0.215

0.191

0.160

0.145

February

0.315

0.281

0.238

0.213

0.185

0.154

0.142

March

0.310

0.277

0.234

0.210

0.179

0.153

0.138

April

0.301

0.270

0.221

0.202

0.167

0.147

0.130

May

0.298

0.265

0.214

0.199

0.163

0.139

0.127

June

0.297

0.260

0.215

0.199

0.160

0.138

0.127

July

0.302

0.260

0.218

0.202

0.164

0.145

0.128

August

0.297

0.252

0.213

0.199

0.164

0.141

0.125

September

0.291

0.246

0.207

0.194

0.156

0.137

0.118

October

0.291

0.245

0.207

0.192

0.157

0.139

0.116

November

0.290

0.244

0.207

0.191

0.153

0.143

0.114

December

0.286

0.241

0.207

0.186

0.153

0.145

0.112

 

2003

2004

2005

2006

2007

2008

2009

January

0.113

0.084

0.051

0.026

 

 

 

February

0.107

0.080

0.047

0.022

 

 

 

March

0.103

0.075

0.042

0.018

 

 

 

April

0.095

0.069

0.036

0.010

 

 

 

May

0.094

0.064

0.034

0.004

 

 

 

June

0.095

0.063

0.033

Nil

 

 

 

July

0.095

0.063

0.033

Nil

 

 

 

August

0.093

0.059

0.031

 

 

 

 

September

0.088

0.055

0.028

 

 

 

 

October

0.087

0.052

0.027

 

 

 

 

November

0.086

0.050

0.025

 

 

 

 

December

0.082

0.045

0.023

 

 

 

 

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

2001