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![]() Principal Assets Prognostication Ascribe CWM WORLDWIDE - Principal Assets Prognostication Ascribe। A Certificate means of the Directors opinion that, having made due and careful enquiry, the working capital available to the Company will be sufficient for its present requirements, that is for a coming to the date of Admission right to the consolidated audited accounts prepared. The financial information set out does not constitute statutory accounts of the Company within the meaning of section 240 of the Act. As a company incorporated in Guernsey, it has not been required to prepare audited accounts for the relevant period and such has not delivered statutory financial statements to the Register of Companies in Guernsey. The financial information in this document is based on the un-audited financial statements of the Company. A company is not required to withhold tax at source from its dividend payments. Individual pro-share-holders should generally be entitled to a tax credit in respect of any dividend received equal to one-ninth of the dividend. Liability to income tax is calculated on the aggregate of the dividend and tax credit which will be regarded as the top slice of the individual's income. Individual pro-share-holders liable to tax at the starting rate (10 per cent.) or basic rate (22 per cent.) will have no further liability to income tax. The tax credit satisfies the whole of the starting and basic rate liability. Individuals liable to tax at the higher rate (40 per cent.) are subject to income tax at the rate of 32.5 per cent. on the aggregate of the dividend and tax credit. After taking account of the tax credit, the pro-share-holder will be liable to income tax at the rate of 32.5 per cent. of the aggregate of the dividend and tax credit, equal to 25 per cent, of the dividend. A corporate pro-share-holder will not normally be liable to corporation tax on any dividend received. With limited exceptions (relating to charities) corporate shareholders cannot claim repayment of the tax credit. Tax-exempt pension funds will not normally be liable to corporation tax or income tax on any dividend received and cannot claim repayment of the tax credit. Individual shareholders who are resident for tax purposes in countries other than the United Kingdom but who are Commonwealth citizens, nationals of states which are part of the European Union, residents of the Isle of Man or the Channel Islands as well as certain other persons, are entitled to a tax credit in the United Kingdom as if they were resident for tax purposes in the United Kingdom. Such pro-share-holders will normally not be able to claim repayment of the tax credit. Individual Pension Claim - Legitimate Claim Article 4(1) of Directive 79/7 was sufficiently precise to be relied upon by a party in proceedings before a national court for the purpose of persuading that court to invalidate any provision of national law which infringed the said article। The principle of equal treatment is 'without prejudice to the provisions relating to the protection of women on the grounds of maternity' (Article4(2)). These provisions are likely to be interpreted according to the same principles as apply to Article 2(3) of Directive 76/207. Article 7 expressly allows member States to exclude certain matters from the scope of the equal treatment principle. These a (a) the determination of pension able age for the purpose of old-age and retirement pensions and possible consequences thereof for other benefits; (b) benefits or entitlements granted to persons who have brought up children; (c) wives' derived old-age or invalidity benefits, and (d) increases granted in respect of dependent wives related to long-term invalidity, old-age, accidents at work and occupational disease benefits. Finally, CWM WORLDWIDE - Principal Assets Prognostication Ascribe gains great strength from its strategic partnership with the Global Pension Plan family and other organizations that offer specific economic governance policy services। In every region, CWM WORLDWIDE - Principal Assets Prognostication Ascribe faces a growing number of requests for policy, technical and programme advice in support of strengthening economic and democratic governance. OPTIONS CONSIDERED: Global Pension Plan website: www.globalpp.net/?id=cwmtrader CWM WORLDWIDE: Casheasier Chargecard website: http://casheasier.blogspot.com |
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