P548 Teletext 548 Mar31 23:44:48
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---- CAPITAL GAINS TAX TABLES ---------
Indexation allowance is an adjustment
for inflation when calculating your
capital gains. To work it out:
■ Find the month in which you bought
the asset.
■ Multiply the price you paid, by the
figure shown for that month.
■ Add the result to the original price.
■ Deduct the total from the sale
proceeds to get the capital gain.
See Inland Revenue leaflet CGT13/CGT16
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