Indexation: basic computations
As part of CGT Simplification, indexation is no longer available in respect of disposals made on or after 6 April 2008.
However CGT Simplification does not apply to companies who pay corporation tax on their chargeable gains. From 6 April 2008 TCGA92/S52A provides that indexation will only apply for the purposes of corporation tax.
The following guidance will therefore be applicable to both CGT and corporation tax on chargeable gains for disposals by companies made on or before 5 April 2008 but only to corporation tax on chargeable gains for disposals by companies made on or after 6 April 2008.