P235 CEEFAX 2 275 Sat 13 Jun 21:27/07       CAPITAL GAINS TAX 2/4 You can reduce the taxable gain further by claiming: * the cost of any improvements * indexation allowance, which offsets the inflationary element of the gain. This can be claimed on the original cost and the cost of improvements. See page 276 for retail price index figures dating back to 1982. Sourcez Ernst & Young (see page 271) Source: Ernst & Young (see page 271) Mortgages & Savings Guide 250 Pension TaxIndjx Inc Tax Main Menu