INLAND REVENUE Press Release 136/96 15 August 1996 CAPITAL GAINS TAX INDEXATION ALLOWANCE: JULY 1996 The value of the retail prices index, as published by the Central Statistical Office, for July 1996 is 152.4 (January 1987 = 100). The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in July 1996 is as follows: RI MONTH RI YEAR 1982 1983 1984 1985 1986 January - 0.845 0.755 0.671 0.583 February - 0.837 0.748 0.658 0.578 March 0.918 0.834 0.742 0.642 0.576 April 0.881 0.808 0.719 0.608 0.560 May 0.867 0.801 0.713 0.601 0.558 June 0.862 0.796 0.708 0.597 0.558 July 0.861 0.787 0.710 0.600 0.563 August 0.861 0.779 0.695 0.596 0.558 September 0.862 0.771 0.691 0.597 0.550 October 0.853 0.765 0.681 0.594 0.548 November 0.844 0.758 0.676 0.589 0.535 December 0.847 0.754 0.677 0.587 0.530 1987 1988 1989 1990 1991 January 0.524 0.475 0.373 0.275 0.171 February 0.518 0.470 0.363 0.268 0.164 March 0.515 0.464 0.357 0.255 0.160 April 0.497 0.440 0.333 0.218 0.145 May 0.496 0.435 0.325 0.208 0.142 June 0.496 0.430 0.321 0.203 0.136 July 0.497 0.428 0.319 0.202 0.139 August 0.493 0.412 0.316 0.190 0.136 September 0.488 0.406 0.307 0.179 0.132 October 0.481 0.392 0.297 0.170 0.128 November 0.474 0.385 0.286 0.172 0.124 December 0.475 0.382 0.283 0.173 0.123 1992 1993 1994 1995 1996 January 0.124 0.105 0.079 0.044 0.015 February 0.118 0.098 0.072 0.037 0.010 March 0.115 0.094 0.069 0.033 0.006 April 0.098 0.084 0.057 0.023 Nil May 0.094 0.080 0.053 0.019 Nil June 0.094 0.081 0.053 0.017 Nil July 0.098 0.083 0.058 0.022 - August 0.097 0.079 0.053 0.017 - September 0.093 0.074 0.051 0.012 - October 0.089 0.075 0.050 0.017 - November 0.091 0.076 0.049 0.017 - December 0.095 0.074 0.044 0.011 - 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.