Indexation Allowance
From ACT Wiki
UK Tax.
Allowance based on the rise in the UK retail prices index (RPI) and is aimed at giving tax relief for the effects of inflation on the disposal of an asset subject to capital gains tax rules.
UK Tax.
Allowance based on the rise in the UK retail prices index (RPI) and is aimed at giving tax relief for the effects of inflation on the disposal of an asset subject to capital gains tax rules.