The value of the retail prices index for January 2012 is 238.0, an increase of 3.9% on the January 2011 figure. The RPI fixes the indexation allowance available in calculating a company’s chargeable gains.
The increase in the standard rate of VAT in January 2011 to 20% was a significant contributor to the falls in CPI and RPI annual inflation between December 2011 and January 2012, the Office for National Statistics said.
The value of the retail prices index for January 2012 is 238.0, an increase of 3.9% on the January 2011 figure. The RPI fixes the indexation allowance available in calculating a company’s chargeable gains.
The increase in the standard rate of VAT in January 2011 to 20% was a significant contributor to the falls in CPI and RPI annual inflation between December 2011 and January 2012, the Office for National Statistics said.
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")