CG51910 - Share reorganisations: apportionment of cost: 1982 holding
If the original shares were held in a 1982 holding any additional expenditure on a rights issue should be included in the total base cost but indexation allowance will only be given from the date of payment.
If a taxpayer is within the charge to Capital Gains Tax, neither indexation allowance nor taper relief apply to disposals of assets on or after 6 April 2008. Previously indexation allowance had been frozen at April 1998. In addition, indexation allowance is only available up to December 2017 for Corporation Tax purposes.
For indexation allowance see CG17207+ and for taper relief see CG17895+.