ProACT Expatriate Advice

Stuck in a rut? - Sam Orgill of www.proactpartnership.com on solving disputes in a different way

In life we can sort most disputes amicably. The EU offers consumer protection if you buy faulty goods. But sometimes circumstances get out of hand, emotions take over and positions become entrenched.

Normally the dispute ends up in court. However these disputes can be protracted, daunting and expensive.

There is another way to settle disputes in a legally binding way that does not involve the courts. This works for property, mortgage, contracts, and land or commercial disputes.

Arbitration & Mediation
Legal fees and court delays have led to the rapid growth of Arbitration Centres around the world. These are alternative dispute resolution bodies that solve legal issues by arbitration and mediation.

The idea is to settle the dispute through arbitration and mediation, saving time and money.
This involves binding agreements to negotiated settlements. This process can be completed in weeks at affordable costs, agreed in advance.

PEAC Launched
ProACT are proud to announce the launch of a new service, ProACT Expatriate Arbitration Centre “PEAC”, that is totally devoted to arbitration and mediation of international disputes between individuals, companies or organisations.

Mediation and Arbitration are settlement techniques using an impartial third party who imposes a binding decision on all parties in the dispute.

Arbitration and mediation gets agreement between all parties, each step of the process using trusted, independent arbitrators with the appropriate experience.

Contact ProACT
For a FREE review to see if arbitration or mediation can work for you contact ProACT.

ProACT offer expatriate advice services to professionals, business and the retired people living and working abroad including tax, wills, immigration and business services.

Sam Orgill
ProACT Expatriate Arbitration Centre
Web: www.proactpartnership.com
Tel: (+357) 26 819 424
Mail: legal@proactpartnership.com
Facebook: www.facebook.com/proactpartnership

Tax Plantation - Business Living and Working Abroad

Where do you plant the roots of your international business? Is it where your clients are or where you live. Where your family is often a good start.

When business grows there are other issues to consider. Tax efficiency for
income, corporation, dividend, capital gains and inheritance taxes. This
is where ProACT Business Tax Consultants come in with Expatriate and
International expertise for professionals and business living and working
abroad.

ProACT have UK Legal, Accounting and Financial Consultants available to
offer specialist advice in any area of need. If we don't have a specialist
ProACT consultant for your area of need we will know a trusted adviser to refer
you to.

The questions to consider when you are planning to start living and working
abroad, relocate overseas a business, or establish an offshore holding company,
or an offshore trust administration, or work as a expatriate consultant are
varied and depend on your personal objectives.

This is why ProACT always offer a Free Review of your issues as a guide to
what can be done. We can do this at our ProACT Cyprus business office in Paphos
or by telephone or internet conference calls.

The Key Questions we need to know at the outset is;
What is your business format ? Company, Partnership, Contractor, Sole Trader, Investor,
Where will the business owners be resident?
Where will the directors be resident?
Where are the clients?
What is the mix of goods sold v service provision of the business?
Where and how are your business services provided?

When we have reviewed your initial position we can advise you how to
proceed. You can instruct us to report to you and administer new and existing
business and tax affairs. ProACT often work with existing professional
advisers.

Contact ProACT for further information.

Sam Orgill
ProACT Partnership
Take a browse around our website www.proactpartnership.com   for info and ideas.

ProACT Professional Expatriate Advice
Services for professionals, business and the retired living and working abroad
or relocating overseas. 
TAX SERVICES - WILLS & ESTATES - BUSINESS SERVICES - PROPERTY SERVICES

Looking Forward – Year of the Dragon - Sam Orgill www.proactpartnership.com with a view on share investment in the year ahead.

Shares
Shares are regularly dismissed as investment options by individuals. They give up returns of 5-10% long term in exchange for funds and banks where they get 2-4%, the difference
is the charges made by the bankers.

The economies ,balance sheets and assets of large multinationals can be larger and stronger
than many countries and most banks. Invest in Shell or your local bank? Which
is more secure?

Apple reported a $79million cash holding in its balance sheet in the summer of 2011, at the time
more cash than held by the American government.

Think Differently.

Think differently to get a better result.

Large , successful, profitable multinationals paying dividend income of 4-5% is logically a better
return for cash investors in today's world. Think Glaxo, Shell, BP, AMP, Apple,
De La Rue, energy utilities.

This article is not investment advice. It is a guide to thinking differently . You don't have to accept your investment or tax lot, there is always another way, a different way to look at your money, your business, your taxes. A way that will lead to lower taxes, better returns and financial freedom from the normal constraints of the old world.

The world is changing through evolution and revolution driven by IT and information technology. It's worked well for Facebook, Apple and Amazon who have created new industries and an abundance of wealth, and led to the demise of old world thinking for business and countries. Join the revolution in 2012 to a better and more prosperous future for everyone.

Contact ProACT
ProACT Partnership Expatriate Advice for professionals business & retired living and working
abroad. Expatriate tax living abroad, overseas property & investment relocation consultants for UK citizens living abroad and Cyprus business network when relocating abroad, based Paphos Cyprus.

To review your tax, financial or legal change challenges, contact ProACT through Facebook,
email info@proactpartnership.com , or phone via Skype or Google Talk.

Or use the technology of the 20th century and call on +357 26 819 424

Sam Orgill
www.proactpartnership.com

www.facebook.com/ProACTcyprus

Looking Forward – Year of the Dragon, Sam Orgill www.proactpartnership.com with different thoughts for the year ahead

Well the financial world hasn't changed much over the new year period. Europe still
haven't resolved their solvency issues and continue to drag the world down.
Whither for investors in property, business and investment?

Take Care
From my simple view point I can only see caution for investors. As the last 10 years has
repeatedly shown, banks and countries can go bust as well as developers, companies and investment funds. 
The answer is not to bury your head in the sand, but to invest wisely. What is behind the investment? Who are making the guarantees? is it good value? If you don't know, you take a chance and could be caught out.
If you take a calculated risk, you get your return.

BONDS
Government Bonds were a safe haven for investors but with UK and US bonds being issued at around 2% interest the returns are poor, and these countries still have a lot of debt!, It is no great investment. Less stable countries give you more interest, but they can go bankrupt just like anyone else. This is the problem in Greece . If their bankers around the world continue to fund their debt they are ok, if they pull the plug bond holders lose. Ask the Cypriot banks who have lost half their investment - €9m euros - to Greek banks. Ditto any other south Europe countries.

Deposits
 Bank deposits, please how many times. The bank is as strong as its balance sheet. If the bank has over valued property assets against loans that developers or individuals can't pay, then they are living in the same world as Greece - relying on continued good will and confidence from their bankers, government and customers. There was a major run on Swedish banks in Latvia on a
December Weekend, how fragile is the world of banking at the moment, how fragile the confidence?

Guarantees
 Trust in bank guarantees if you wish but they are as strong as the government behind them..... Can Germany afford to bail every one out in Euro land? Would they? They stand as the only triple AAA rated country in Europe now.
Choose your bank well, choose ones that are profitable and secure. Remember the new economies have the cash and wealth right now , don't pooh pooh Russian, Middle East , Indian or Chinese banks. Remember the world’s biggest bank, although essentially a British Bank, HSBC is the Hong Kong and Shanghai Bank.

Shares
 Shares are regularly dismissed as investment options by individuals. They give up returns of 5-10% long term in exchange for funds and banks where they get 2-4%, the difference is the charges made by the bankers.
The economies , balance sheets and assets of large multinationals can be larger and stronger than many countries and most banks. Invest in Shell or your local bank? Which is more secure?
Apple reported a $79million cash holding in its balance sheet in the summer of 2011, at the time more cash than held by the American government.

Think Differently
 Think differently people to get a better result.
Large , successful, profitable multinationals paying dividend income of 4-5% is logically a better return for cash investors in today's world. Think Glaxo, Shell, BP, AMP, Apple, De La Rue, energy utilities.

This article is not investment advice. It is a guide to thinking differently . You don't have to accept your investment or tax lot, there is always another way, a different way to look at your money, your business, your taxes. A way that will lead to lower taxes, better returns and financial freedom from the normal constraints of the old world.

The world is changing through evolution and revolution driven by IT and information technology. It's done good for Facebook, Apple and Amazon who have created new industries and an abundance of wealth, and lead to the demise of old world thinking business and countries. Join the revolution in 2012 to a better and more prosperous future for everyone.

Contact ProACT
ProACT Partnership Expatriate Advice for professionals business & retired living and working abroad. Expatriate tax living abroad, overseas property & investment relocation consultants for UK citizens living abroad and Cyprus business network when relocating abroad, based Paphos Cyprus.

To review your tax, financial or legal change challenges, contact ProACT through Facebook,
email info@proactpartnership.com , or phone on Skype or Google Talk. Or use the technology of the 20th century and call on +357 26 819 424
Sam Orgill
www.proactpartnership.com
www.facebook.com/ProACTcyprus

Take a browse around our website www.proactpartnership.com for info and ideas.
ProACT Professional Expatriate Advice Services for professionals, business and the retired living and working abroad or relocating overseas. 

TAX SERVICES – WILLS & ESTATES – BUSINESS SERVICES – PROPERTY SERVICES

Sam Orgill of ProACT Partnership looks forward to the leap year that is 2012, international year of the unknown future

Leap into Action in 2012 -

Sam Orgill of www.proactpartnership.com looks forward to the leap year that is 2012, international year of the unknown future

Phenomenal New Year

Happy new year everyone! 12/12/12 is the date to look forward to, it could be End of Days according to some.  The phenomena that may surround 2012 might already have happened if the Euro has collapsed, possible at the time of writing. But our friends the Maya Columbians see 2012 as the end of a 125 year cycle with astronomical alignments and numerological formulae coming together. So much so 2012 has been designated Alan Turning Year being the 100^th year of his birth. The great mathematician was a computer pioneer, when you here the term algorithm think Turning. Mind you the UN has also designated this the year of sustainable energy, necessary if we can’t afford the electric bills.

Either way there is a lot going for 2012 and as I see it you have two choices. Firstly decide the world will end before Christmas 12/12/12, or secondly the numbers will be crunched and we have taxes to pay on time or penalties will added up to even more.

Savings Tax Up

Review your circumstance to ensure you are paying the right amount of tax. Cyprus has increased saving tax on bank interest and dividend tax to 17%.  You may well already see these higher tax bills on bank statements. You can hold investments free of these taxes as a Cyprus tax resident. If you believe the banks are a safer place than alternatives then review the safest bank. ProACT have advisers to help. Do nothing and pay more tax in 2012.

Tax Deadlines

January 2012: 

1. Year end Savings Tax is due by month end. Cyprus tax residents should now be paying tax on gross bank interest, property rental income and dividend income. ProACT can assist making these payments and returns. 
2. If you need a 2011 UK return its due online by month end. A £100 penalty awaits late returns. ProACT can complete this for you. Need help - Ask ProACT 
3. Self Employed 4th Quarter 2011 Social Insurance payments due. Then rates go up for 2012 big time. If your earnings are below your attributed ‘minimum earnings’ then you must apply now for a concession to pay a lower rate for the whole of 2012. You can save allot of expense but need to make the tax and income return.
4. Full year Cyprus tax returns are due from 1/1/12. Only online returns can be made to Cyprus in an effort to improve the time and speed of assessment. These should confirm earnings for business and those with taxable income from abroad. Make sure you get your returns done on time with minimum tax to avoid the new €100 penalty for late returns.
5. Catch up Accounting. We come across many businesses that have not kept tax returns up to date. With the tax man looking for revenue an amnesty has been offered to the end of March for all old returns to be brought up to date without penalty. The new annual levy verifies active companies and hence those that should make returns. If you don’t pay the levy your business may be deregistered by the registrar.  Now is the time to put your house in order.

Make a Will

If the world does end,  have you left instructions for your family to retain control of property and investments, securing their financial future. If you leave it to chance then the family will lose out on your life’s work.

Making a Will in Cyprus saves you time and money but also gives you peace of mind your family benefits in the way you want. Without a Will, the legal and travel bills mount up.

Title Deeds

Don’t wait anymore. There is new legalisation in Cyprus that allows for a speedy resolution of title deed issues. Our UK lawyers can help resolve issues with mortgages or developers in a professional and speedy manner.  With money too tight to mention, banks on the edge,  protect yourself and get the title deeds in your name now.

ProACT Expatriate Advice

ProACT Expatriate Advice Services are for professionals, business and the retired living and working abroad or relocating overseas include tax & business services, making a Will, inheritance tax and property. ProACT provides cost effective solutions focused around the family business for clients in Cyprus time and money. ProACT offer free reviews for all matters relating to this article.

Sam Orgill

Web: www.proactpartnership.com

Tel: +357 26 819 424   Mail: info@proactpartnership.com

How do you get that? Getting Cyprus licences, grants, permits and registrations can be frustrating. ProACT have efficient & Effective Solutions

Starting or running a business in Cyprus can be full of frustrations and challenges; getting licences, grants, permits and registrations. 
 
Whether you rent property or run a business. ProACT offer efficient and effective business administration services for every type of business challenge in Cyprus.

• CTO Licences - Business or Rental.
• Business Registration and Company Formations
• EU & Cyprus Grants - Energy Efficiency or Property
• Title Deed Amnesty & Title Deed Issue
• Education Licences
• VAT Registrations

Contact ProACT for FREE review and evaluation.

We can also offer Will, Probate and Tax services
 
Sam Orgill  

ProACT Partnership Web: www.proactpartnership.com Tel: +357 26 819 424

Mail: info@proactpartnership.com

How to save Hundred’s of pounds from income tax and savings tax

Living and Working Abroad can be an overwhelming experience when it comes to red tape and regulations. Not least when your main priority is to pay less tax!

ProACT Expatriate Tax Services can help keep things simple. Let us handle tax registrations and tax rebate to get your money back from the taxman and help ensure you pay the lowest tax rates living and working abroad.

ProACT are specialists in UK and Cyprus Taxes as well as expatriate experts on tax living abroad for professionals, business and retired overseas investors in property, investment and business in the Middle East and EU tax regimes including Ireland, Spain, Holland, France including cross border Savings and VAT taxes.

ProACT Expatriate Tax Services can offer you;

• Save Hundred’s of pounds from income tax and savings tax
• Reclaim thousand’s of pounds of Tax Rebates from up to the last 5 years
• of taxes
• Avoid thousands in inheritance tax and capital gains tax
• Ensure your business is tax efficient and pays less tax
• Minimise Capital Gains taxes on Business, Property and Investment
• disposals
• Save you time, money and worry completing tax returns overseas
• FREE review of any issue of Tax Living Abroad
• Efficient, Friendly and Effective Service

Contact us today to find out how you can make your life easier! Email: info@proactpartnership.com

www.proactpartnership.com

Cyprus Full Year Tax Returns Now Due

Cyprus Tax residents are now due to complete a full year tax return to declare and confirm any world wide income they earned in 2010.
This includes pensions, earnings, property rentals, bank interest, investment and dividends to the end of 2010 - whether in Cyprus or abroad.
Estimated or 'temporary' tax should already have been paid but if you have a query ask ProACT by email and we will review and advise.
For existing clients we will prepare your full return based upon information received but do let us have year end and tax statements as they arrive.
If you would like ProACT to help completion of your full year tax return please contact us. We can complete Cyprus UK and other tax returns.
ProACT offer FREE reviews on any tax matters related when living and working abroad - For more information and to book your FREE review - Contact Us.

TAX DEADLINES:

ProACT Expatriate Tax Services
April 2011: Full year tax returns due in Cyprus for worldwide income. ProACT can assist need help - Ask ProACT
April 2011: UK returns for 2010/11 for UK property, savings, inheritance & earning.ProACT can assist need help - Ask ProACT 
10/02/2011: Self Employed 4th Quarter 2010 Social Insurance payments due. Need help - Ask ProACT
 ProACT offer FREE reviews on any tax matters related when living and working abroad - For more information and to book your FREE review - Contact Us.
 For a full list of Tax services offered by ProACT Click HERE
 Contact Us for Free Review
ProACT Expatriate Advice

ProACT Partnership offer professional expatriate advice to professionals, business and the retired living and working abroad, covering tax returns and rebates, making a will, trusts and estates, investment and pensions.

ProACT offer FREE reviews on any tax matters related when living and working abroad - For more information and to book your FREE review - Contact Us.
ProACT Partnership
Sam Orgill
Tel: +357 26 819 424
 Email info@proactpartnership.com
 Or see www.proactpartnership.com

 ProACT Partnership | 5 Michalaki Christodoulou Street | Office 204 | PO Box 62474 | Paphos | Cyprus | 8065 | Cyprus