INLAND REVENUE Press Release 58/97 of 22 May 1997 CAPITAL GAINS TAX INDEXATION ALLOWANCE: APRIL 1997 The value of the retail prices index, as published by the Office for National Statistics, for April 1997 is 156.3 (January 1987 = 100). The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in April 1997 is as follows: RI MONTH RI YEAR 1982 1983 1984 1985 1986 1987 1988 January - 0.892 0.800 0.714 0.624 0.563 0.513 February - 0.884 0.792 0.700 0.618 0.557 0.507 March 0.967 0.880 0.787 0.684 0.616 0.554 0.501 April 0.929 0.854 0.763 0.649 0.600 0.535 0.477 May 0.915 0.847 0.757 0.642 0.597 0.534 0.472 June 0.910 0.842 0.752 0.638 0.598 0.534 0.466 July 0.909 0.832 0.754 0.641 0.603 0.535 0.465 August 0.908 0.824 0.738 0.637 0.598 0.531 0.449 September 0.910 0.816 0.734 0.638 0.590 0.526 0.442 October 0.900 0.810 0.724 0.635 0.588 0.519 0.427 November 0.891 0.803 0.719 0.630 0.574 0.512 0.421 December 0.894 0.799 0.720 0.627 0.569 0.513 0.417 1989 1990 1991 1992 1993 1994 1995 January 0.408 0.308 0.200 0.153 0.133 0.106 0.071 February 0.398 0.300 0.194 0.147 0.126 0.100 0.064 March 0.392 0.287 0.189 0.143 0.122 0.097 0.060 April 0.367 0.249 0.174 0.126 0.112 0.084 0.049 May 0.359 0.239 0.171 0.122 0.108 0.080 0.045 June 0.354 0.234 0.166 0.122 0.109 0.080 0.043 July 0.353 0.233 0.168 0.126 0.111 0.085 0.048 August 0.350 0.220 0.166 0.125 0.106 0.080 0.043 September 0.340 0.209 0.161 0.121 0.101 0.078 0.038 October 0.330 0.200 0.157 0.117 0.102 0.076 0.043 November 0.319 0.202 0.153 0.119 0.104 0.076 0.043 December 0.316 0.203 0.152 0.123 0.101 0.071 0.037 1996 1997 January 0.041 0.012 February 0.036 0.008 March 0.032 0.006 April 0.024 - May 0.022 - June 0.022 - July 0.026 - August 0.021 - September 0.016 - October 0.016 - November 0.016 - December 0.012 - The RI month for disposals by individuals on or after 6 April 1985 (1 April 1985 for companies) is the month in which the allowable expenditure was incurred, or March 1982 where the expenditure was incurred before that month. Inland Revenue information is available on the Internet: http://www.open.gov.uk/inrev/irhome.htm