Tax Return Service 2008

ProACT Partnership Expatriate Tax Return Service

Tel:     +357 26 819 424

www.proactpartnership.com/contactus.htm 

EXPATRIATE ADVICE WILLS TAX IMMIGRATION MEDICAL PROPERTY INVESTMENT PENSIONS CURRENCY

 Cyprus Tax Returns for 2008 are now due.  UK rebates for 2007/8 can be reclaimed. Please help us complete your returns efficiently.

If you are an existing tax client we will have received your return for completion and will undertake this by the due date. In order to do this we would remind you of the documents we require (if not already submitted and only if applicable);

 Please forward;

*      Pension P60s for 2007 & 2008 as they arise

*      Annual Statement pension indexing letter

*      Bank Interest Tax Vouchers for interest received in 2007 and to April 08

*      Dividend tax vouchers

*      Rental Income accounts

*      Any other income

*      Statement of employment income

*      Self employed income

 

If are not a tax client with us, we can offer to complete your tax return service. Please contact us to make a review appointment to see how we can help.

The ProACT Tax Return Service covers all returns and enquires in 2008 and our payment service for any temporary tax.

Inheritance Tax Changes

There are changes in the UK regarding Inheritance Tax. Our Inheritance Tax service could include a saving of £120, 000! If you are concerned and require any further information please contact the office.

EU Saving Tax

If you receive gross interest on bank deposits outside Cyprus then you must declare and pay the defence levy tax on interest earned to the half year in June and December.  Please discuss with us how to proceed. The tax due will be between 3 and 10% on a flat rate. If you want to consider other diversified tax free investments including specialist funds, property, discretionary management please contact us.

Capital Gains Tax Changes

There are major changes in the UK for capital gains tax. But this tax is also applied when you buy Cyprus property.  Consider your options before you invest, talk to ProACT.

 ProACT Partnership Expatriate Tax Return Service

Tel:     +357 26 819 424

www.proactpartnership.com/contactus.htm 

EXPATRIATE ADVICE WILLS TAX IMMIGRATION MEDICAL PROPERTY INVESTMENT PENSIONS CURRENCY