Commentary

C2.404 Indexation allowance

Capital gains tax
Capital gains tax | Commentary

C2.404 Indexation allowance

Capital gains tax | Commentary

C2.404 Indexation allowance

The deductible expenditure in respect of the whole asset must be apportioned1 before the indexation allowance (where relevant) is calculated. The indexation allowance on the part disposal applies only to that portion of each item of expenditure which is to be taken into account on the disposal2. Indexation allowance is not available to individuals, trustees and personal representatives for disposals on or after 6 April 2008. It continues to be available to companies but is frozen from 1 January 2018 so for disposals on or after this date the allowance is calculated up to December 2017, see

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