My husband bought a flat in May/1999 and sold on August/2022. I would like use indexation method instead discount method. Because he has CGT loss -$125,000 from previous year.
03/1999 indexation is B=600. 08/2022 indexation is c=1295
Index Factor A=1295/600=2.158
Is that correct I use sold date indexation?
After exemptions percentage, the CGT with indexation method is 133,362.
The CGT with discount method (before 50%) is 219,479.
Looks the indexation method is better way for us.
But my accountant said that no more indexation method software available.
My question is
1. Indexation method is still used? Even if manually?
2. B indexe should be September/1999 or August/2020 for Index factor calculate