The latest Money Matters column from the Carmarthenshire Herald
The latest Clay Shaw Butler Money Matters column from the Carmarthenshire Herald. By Mark Jones, director of Carmarthen-based Clay Shaw Butler chartered accountants and business consultants. There were plenty of ‘headlines’ in the recent Budget from Chancellor George Osborne. But, sometimes, it is the smaller bits of detail that matter most to businesses and individuals. For example, here’s a short round-up of what the Chancellor had to say about tax and travel matters. Car and fuel benefits: The taxable petrol and diesel car benefit is based on the car's CO2 emissions. It is calculated using the car's UK list price and applying the 'appropriate percentage'. The car fuel benefit is calculated by applying the same percentages to the fuel benefit charge multiplier, which for 2015/16 is £22,100. From April 2015, the five year exemption for zero carbon and the lower rate for ultra-low carbon emission cars came to an end. Two new bands were introduced for ultra-low emissio...