LLM8050 | Capital gains: Names: syndicate capacity: disposals: indexation and taper relief

Indexation can only be given up to April 1998. After that date, indexation was abolished for individuals. Taper relief is due from the date of acquisition, or 6 April 1998 if later. In this case, taper relief will be due from 6 April 1998, plus the ‘bonus year’ (LLM8240and CG17901). Taper relief is not available for disposals on or after 6 April 2008.

The date of the enhancement expenditure is not relevant for the purposes of taper relief (CG17900).

Link to CG Manual (LLM10000).