Kent Solicitors

Indexation allowance will be withdrawn from 6 April.

Indexation allowance only applies for the period April 1982 to April 1998, but those who have held assets prior to April 1998 will be worried at the loss of this allowance.

Indexation allowance can be banked by a transfer to a spouse or civil partner, and that may well be a straightforward and cheap means of preserving the relief

Labels: Capital Gains Tax Indexation Allowance