The latest Clay Shaw Butler 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. Everyone knows that it pays to check the small print. So it is with the Government’s Autumn Statement. Over the last couple of weeks, Money Matters has focussed on some of the main items in the Government’s ‘state-of-the-nation’ autumn housekeeping, such as the U-turn on Tax Credits. This week, the focus is on some more of the small print in some of the personal tax issues (for those with business and employment tax issues, we will get to these topics in the coming weeks). The Chancellor George Osborne combined the Autumn Statement and with what is called a Spending Review when he presented his key points to Parliament. Here is our summary of just some of the key personal tax issues – Taxation of dividend income: Currently, when a dividend is paid to an individual, it is subject to different ta...