INLAND REVENUE Press Release 74/96 of 19 April 1996 CAPITAL GAINS TAX INDEXATION ALLOWANCE: MARCH 1996 The value of the retail prices index, as published by the Central Statistical Office, for March 1996 is 151.5 (January 1987 = 100). The indexed rise to be used in calculating the indexation allowance in respect of assets disposed of in March 1996 is as follows: RI MONTH RI YEAR 1982 1983 1984 1985 1986 January - 0.834 0.745 0.661 0.574 February - 0.826 0.737 0.648 0.568 March 0.907 0.823 0.732 0.633 0.566 April 0.869 0.797 0.709 0.598 0.551 May 0.856 0.790 0.703 0.591 0.548 June 0.851 0.786 0.698 0.588 0.549 July 0.850 0.776 0.700 0.591 0.554 August 0.850 0.768 0.685 0.587 0.549 September 0.851 0.760 0.681 0.587 0.541 October 0.842 0.754 0.671 0.585 0.539 November 0.833 0.748 0.666 0.579 0.526 December 0.836 0.743 0.667 0.577 0.521 1987 1988 1989 1990 1991 January 0.515 0.467 0.365 0.268 0.164 February 0.509 0.461 0.355 0.260 0.157 March 0.506 0.455 0.349 0.248 0.153 April 0.488 0.432 0.325 0.211 0.138 May 0.487 0.427 0.317 0.200 0.135 June 0.487 0.421 0.313 0.196 0.130 July 0.488 0.420 0.312 0.195 0.132 August 0.484 0.404 0.308 0.183 0.130 September 0.479 0.398 0.299 0.172 0.126 October 0.472 0.384 0.289 0.163 0.121 November 0.465 0.377 0.278 0.165 0.117 December 0.467 0.374 0.275 0.166 0.116 1992 1993 1994 1995 1996 January 0.117 0.099 0.072 0.038 0.009 February 0.112 0.091 0.066 0.031 0.004 March 0.108 0.088 0.063 0.027 - April 0.091 0.078 0.051 0.017 - May 0.088 0.074 0.047 0.013 - June 0.088 0.074 0.047 0.011 - July 0.091 0.077 0.052 0.016 - August 0.091 0.072 0.047 0.011 - September 0.087 0.068 0.045 0.006 - October 0.083 0.068 0.043 0.011 - November 0.084 0.070 0.043 0.011 - December 0.088 0.068 0.038 0.005 - 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.