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indexation allowance

AABC9y ago
Sir What happens if RPI ( Retail price index) has is less at the time of sale than at the time when purchased. How is indexation allowance then given to companies for the sale of their asset. Will there be no indexation allowance given to companies in that case ?
TTTax Tutor9y ago#1
If RPI goes down there is simply a nil indexation allowance
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