Indexation Allowance: Chargeable Gains Subject to Corporation Tax - September 2002

 

Corporation Tax on Chargeable Gains: Indexation Allowance: September 2002

The value of the retail price index, as published by the Office for National Statistics, for September 2002 is 177.6 (January 1987 = 100).

The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in September 2002 is as follows:

RI Year 1982 to 1988
RI Month

1982

1983

1984

1985

1986

1987

1988

January

-

1.150

1.045

0.947

0.845

0.776

0.719

February

-

1.141

1.037

0.932

0.838

0.769

0.713

March

1.236

1.137

1.030

0.914

0.836

0.765

0.706

April

1.192

1.107

1.004

0.874

0.818

0.745

0.679

May

1.176

1.098

0.996

0.865

0.815

0.743

0.672

June

1.170

1.093

0.991

0.861

0.816

0.743

0.666

July

1.169

1.082

0.993

0.865

0.821

0.745

0.664

August

1.168

1.073

0.975

0.860

0.816

0.739

0.646

September

1.170

1.064

0.971

0.861

0.807

0.734

0.638

October

1.159

1.056

0.959

0.858

0.804

0.726

0.622

November

1.149

1.049

0.953

0.852

0.789

0.718

0.615

December

1.152

1.044

0.954

0.849

0.783

0.719

0.610

RI Year 1989 to 1995
RI Month

1989

1990

1991

1992

1993

1994

1995

January

0.600

0.486

0.364

0.310

0.288

0.257

0.216

February

0.589

0.478

0.357

0.303

0.280

0.250

0.209

March

0.581

0.463

0.352

0.299

0.275

0.246

0.204

April

0.554

0.420

0.334

0.280

0.263

0.232

0.192

May

0.544

0.407

0.330

0.275

0.259

0.227

0.187

June

0.539

0.402

0.324

0.275

0.260

0.227

0.186

July

0.538

0.401

0.327

0.280

0.262

0.233

0.191

August

0.534

0.386

0.324

0.279

0.257

0.227

0.185

September

0.523

0.374

0.319

0.274

0.252

0.225

0.179

October

0.511

0.363

0.315

0.269

0.252

0.223

0.186

November

0.499

0.366

0.310

0.271

0.254

0.222

0.186

December

0.495

0.367

0.309

0.276

0.252

0.216

0.179

RI Year 1996 to 2002
RI Month

1996

1997

1998

1999

2000

2001

2002

January

0.182

0.150

0.113

0.087

0.066

0.038

0.025

February

0.177

0.146

0.108

0.085

0.060

0.033

0.022

March

0.172

0.143

0.104

0.082

0.055

0.031

0.018

April

0.164

0.136

0.092

0.075

0.044

0.026

0.011

May

0.162

0.132

0.086

0.072

0.040

0.020

0.008

June

0.161

0.128

0.087

0.072

0.038

0.018

0.008

July

0.165

0.128

0.090

0.076

0.042

0.025

0.010

August

0.160

0.121

0.085

0.073

0.042

0.021

0.007

September

0.155

0.115

0.080

0.069

0.034

0.017

October

0.155

0.113

0.080

0.067

0.035

0.019

November

0.154

0.113

0.080

0.065

0.032

0.023

December

0.150

0.110

0.080

0.062

0.031

0.024

 

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.