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. There’s a film, starring Meryl Streep, called ‘It’s complicated’. It’s got nothing whatsoever to do with tax matters, but the title came to mind while writing this week’s Money Matters column. Completing the journey we started last week, Money Matters takes a deeper look into the complicated world of Capital Taxes. Hopefully, we’ve managed to put it into words you can all understand! Here are some of the key areas where the Government has taken action – Joint ventures, partnerships and ER Changes introduced in 2015 to combat abuse of ER (Entrepreneurs’ Relief) also resulted in relief not being due to investors in some types of genuine commercial structures where tax avoidance was not a main motive. Those affected were companies with shares in joint venture companies and corporate partn...