INLAND REVENUE Inland Revenue Press Release 8/97 issued on 16 January 1997 CAPITAL GAINS TAX INDEXATION ALLOWANCE: DECEMBER 1996 The value of the retail prices index, as published by the Office for National Statistics, for December 1996 is 154.4 (January 1987 = 100). The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in December 1996 is as follows: RI MONTH RI YEAR 1982 1983 1984 1985 1986 January - 0.869 0.778 0.693 0.604 February - 0.861 0.771 0.679 0.598 March 0.944 0.858 0.765 0.664 0.596 April 0.905 0.832 0.742 0.629 0.581 May 0.892 0.824 0.735 0.622 0.578 June 0.886 0.820 0.731 0.618 0.579 July 0.886 0.810 0.733 0.621 0.583 August 0.885 0.802 0.717 0.617 0.578 September 0.886 0.794 0.713 0.618 0.571 October 0.877 0.788 0.703 0.615 0.568 November 0.868 0.782 0.698 0.610 0.555 December 0.871 0.777 0.699 0.608 0.550 1987 1988 1989 1990 1991 January 0.544 0.495 0.391 0.292 0.186 February 0.538 0.489 0.381 0.285 0.180 March 0.535 0.483 0.375 0.272 0.175 April 0.517 0.459 0.351 0.234 0.160 May 0.515 0.454 0.343 0.223 0.157 June 0.515 0.448 0.338 0.219 0.151 July 0.517 0.447 0.337 0.218 0.154 August 0.512 0.431 0.333 0.205 0.151 September 0.508 0.424 0.324 0.194 0.147 October 0.500 0.410 0.314 0.185 0.143 November 0.493 0.404 0.303 0.188 0.139 December 0.495 0.400 0.300 0.189 0.138 1992 1993 1994 1995 1996 January 0.139 0.120 0.093 0.058 0.028 February 0.133 0.112 0.087 0.051 0.023 March 0.129 0.108 0.084 0.047 0.019 April 0.112 0.098 0.071 0.036 0.012 May 0.108 0.094 0.067 0.032 0.010 June 0.108 0.095 0.067 0.031 0.009 July 0.112 0.097 0.072 0.036 0.013 August 0.112 0.093 0.067 0.030 0.008 September 0.108 0.088 0.065 0.025 0.004 October 0.104 0.089 0.063 0.031 0.004 November 0.105 0.090 0.063 0.031 0.003 December 0.109 0.088 0.058 0.025 - 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.