INLAND REVENUE
Press Release 4/98 of 14 January 1998
 
    CAPITAL GAINS TAX INDEXATION ALLOWANCE: DECEMBER 1997
 
The value of the retail prices index, as published by the Office
for National Statistics, for December 1997 is 160.0 (January
1987 = 100).
 
The indexed rise to be used in calculating the indexation
allowance in respect of assets disposed of in December 1997 is
as follows:
 
RI MONTH                           RI YEAR
 
             1982   1983   1984   1985   1986   1987   1988
                                                         
January        -    0.937  0.842  0.754  0.662  0.600  0.549
February       -    0.929  0.835  0.740  0.656  0.594  0.543
March        1.014  0.925  0.829  0.724  0.654  0.590  0.537
April        0.974  0.898  0.805  0.688  0.638  0.572  0.512
May          0.960  0.890  0.798  0.681  0.635  0.570  0.507
June         0.955  0.886  0.794  0.677  0.636  0.570  0.501
July         0.954  0.876  0.796  0.680  0.641  0.572  0.500
August       0.954  0.867  0.779  0.676  0.636  0.567  0.483
September    0.955  0.859  0.776  0.676  0.628  0.563  0.476
October      0.945  0.853  0.765  0.674  0.625  0.555  0.461
November     0.936  0.846  0.759  0.668  0.611  0.547  0.455
December     0.939  0.841  0.761  0.666  0.606  0.549  0.451
                                                            
             1989   1990   1991   1992   1993   1994   1995
                                                            
January      0.441  0.339  0.229  0.180  0.160  0.132  0.096
February     0.431  0.331  0.222  0.174  0.153  0.126  0.089
March        0.425  0.318  0.218  0.170  0.149  0.123  0.085
April        0.400  0.279  0.202  0.153  0.138  0.110  0.074
May          0.391  0.268  0.199  0.149  0.134  0.106  0.070
June         0.386  0.263  0.193  0.149  0.135  0.106  0.068
July         0.385  0.262  0.196  0.153  0.137  0.111  0.073
August       0.382  0.249  0.193  0.152  0.132  0.106  0.067
September    0.372  0.237  0.189  0.148  0.128  0.103  0.062
October      0.362  0.228  0.184  0.144  0.128  0.102  0.068
November     0.350  0.231  0.180  0.145  0.130  0.101  0.068
December     0.347  0.232  0.179  0.149  0.128  0.096  0.062
               
             1996   1997
                      
January      0.065  0.036
February     0.060  0.032
March        0.056  0.030
April        0.048  0.024
May          0.046  0.020
June         0.046  0.016
July         0.050  0.016
August       0.045  0.009
September    0.040  0.004
October      0.040  0.003
November     0.040  0.003
December     0.036    -
 
 
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.
 
             
http://www.open.gov.uk/inrev/irhome.htm