INLAND REVENUE Press Release 66/98 of 18 March 1998 CAPITAL GAINS TAX INDEXATION ALLOWANCE: FEBRUARY 1998 The value of the retail prices index, as published by the Office for National Statistics, for February 1998 is 160.3 (January 1987 = 100). The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in February 1998 is as follows: RI MONTH RI YEAR 1982 1983 1984 1985 1986 1987 1988 January - 0.940 0.846 0.758 0.665 0.603 0.552 February - 0.932 0.838 0.744 0.659 0.597 0.546 March 1.018 0.929 0.832 0.727 0.657 0.593 0.540 April 0.978 0.902 0.808 0.691 0.641 0.575 0.515 May 0.964 0.894 0.802 0.684 0.638 0.573 0.509 June 0.958 0.889 0.797 0.680 0.639 0.573 0.504 July 0.958 0.879 0.799 0.683 0.644 0.575 0.502 August 0.957 0.871 0.782 0.679 0.639 0.570 0.486 September 0.958 0.863 0.779 0.680 0.631 0.565 0.479 October 0.949 0.856 0.768 0.677 0.628 0.558 0.464 November 0.939 0.850 0.762 0.671 0.614 0.550 0.457 December 0.943 0.845 0.764 0.669 0.609 0.552 0.453 1989 1990 1991 1992 1993 1994 1995 January 0.444 0.341 0.231 0.182 0.162 0.134 0.098 February 0.434 0.334 0.225 0.176 0.155 0.128 0.091 March 0.427 0.320 0.220 0.173 0.151 0.125 0.087 April 0.402 0.281 0.204 0.155 0.140 0.112 0.076 May 0.394 0.270 0.201 0.151 0.136 0.108 0.072 June 0.389 0.265 0.195 0.151 0.137 0.108 0.070 July 0.388 0.264 0.198 0.155 0.139 0.113 0.075 August 0.384 0.251 0.195 0.154 0.134 0.108 0.069 September 0.375 0.240 0.191 0.150 0.130 0.106 0.064 October 0.364 0.230 0.187 0.146 0.130 0.104 0.070 November 0.353 0.233 0.182 0.147 0.132 0.103 0.070 December 0.349 0.234 0.181 0.152 0.130 0.098 0.064 1996 1997 1998 January 0.067 0.038 0.005 February 0.062 0.034 - March 0.058 0.032 - April 0.050 0.026 - May 0.048 0.022 - June 0.048 0.018 - July 0.052 0.018 - August 0.047 0.011 - September 0.042 0.006 - October 0.042 0.005 - November 0.042 0.004 - December 0.038 0.002 - 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