ProACT Partnership Expatriate Advice Month Day, Year & Dear ProACT.Sam.Tumblr.Blog, Very Moveable Property Tax Savings Confirming the Cyprus Property Taxes and Savings for 2016 and More In 2016 we have the culmination and possible resolution of Cyprus Property Tax changes - but not as you imagined, or was proposed in 2016, 2015 or 2014. A fierce debate has raged in parliament and delayed voting until well into July, the outcome of the long term property tax plan is a further sign of the Cyprus government intention. The very Movable solution mean big immovable property tax savings for expats owning overseas property in Cyprus. You will be astonished at the changes in annual property taxes and title deed taxes. Read the Full Article Very Movable Property Tax Savings [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvfRD1x0EUewJpcOEZ9tYjHRH_K4E-zqdMRuTZFCBs4hZh8H-d1151kADzi_XyzN-GRoUpirfGUuZyzg4MLV5YolYoA0pTB-08Dt_Qki5HxUmhb3Lj13wsvvWJLRVH4orI5_lWftf2l1pNUrF2wFtE5UFRnWgND8f-Qp76wVTNGwdU97i_3BFGsHu2jMfDhZgHfxsX50tP6m_jzwJFG_B2hLS5DilqPh-GjoxgcVfvd9wnMKcufPH9bI91JzV5ykwMlBqo20BGBWwG5frovHY8De24-PhUOlp0fPAd7Yrz7Ed_G4t9RaW_msQAxL97AfeuLtCNuV1O8TlBcbwzv3Q-J5RksANRrWaEg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Register and subscribe to our free newsletters click here [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvbx2AgZ48MldFX_9jhcn2yqMgopEoBYkG01JtWmgSGwBOINlAet6NBPoxcQHj_Q_sKjybjpHzaDanqlj02As0ShBRnb0M_WnBmaenByzl0s-QXUhC6HuFv8m-1toJM3bZ43HKkQKLwaIG8B7y_vK5w3KRVdmBTTRn1vC3XnSHO0knBp97ty-HAlPs29g4Eb4IbtJM_xzGqOb1tg18GJ-BJnZB_b9zn1S8bnv6sXzSRQf3TIkHZvxA83qChteC6Acjoq37ACrttnb7nWGZCtCWPkmSn29CBkWUP1lPwI3UmE1wz8ALs8z-htZ2Lr1h6ngvg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Share this email with a friend if they may be interested in EU Brexit for Expats CONTACT US [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvWdlLGidGU-BT-6a7Y5eOnIWOSkUgsbOi7DszDU-8617K0VCtgfgfZONMT05HgDJRYpsCQMxE_QcRwQcaVIqDI5ApSQoS2MqGF2mvAeKRpLmtZ5r4OErcsp5Lk53UEzKbRfRGxBVvGw6V7EL0klWD3KiY_mTckEE74c5l9hRKjzZjkireGBYMvTwfmLz1DBrVVbwFHfC0Se5czt82ES6bSTMP2yzMj3jUdP0UZJgByacCgU0z3k1yDazEedMkuJd5nv-dyOS7yDl_O2wLILIz-CHN8NPCwCF3SEa3f6vtG_Lu2igLD-N508=&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] & Very Moveable Property Tax Savings Sam Orgill www.proactpartnership.com [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvdYZSmjAHvV0H-IbwyIQcw5dCgjycqByeUc3tMjF8DogyiCr4edA9yno8FrE7AZKHaZ5RZpjAJ3BQsDSNIWGa8PbAFjyS_UGFBRzKfWQSQ7JGKmerAf_Ctt1si_N_aXtG02Nd4Vd8kLcgEumYkvlJkO-DkX1C-VoDWCSOFJr4zsUpSpEIZPN49EKEPql3jvgE0bHanOATeGIaE06wt4mKkONPm96x1fXaymOpHukrh8qyt0zDXJ03mLwFQAmdMVFkQc1v4iKLiYZaXUX1s11oRpS-6rNsw1juQ==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Confirming the Cyprus Property Taxes and Savings for 2016 and More 2016 Immovable Property No changes were implemented at the start of the year - so the tax office carried on charging at old rates pending new proposals for the 2016 June budget. To use 2013 rateable values but reduce IMPT by 50%. This was not agreed and well into July agreement was not reached. Local authorities and the tax office were set form 1/7/16 to carry on and any IMPT change in 2016 was looking impossible again. Register and subscribe to our free newsletters click here [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvbx2AgZ48MldFX_9jhcn2yqMgopEoBYkG01JtWmgSGwBOINlAet6NBPoxcQHj_Q_sKjybjpHzaDanqlj02As0ShBRnb0M_WnBmaenByzl0s-QXUhC6HuFv8m-1toJM3bZ43HKkQKLwaIG8B7y_vK5w3KRVdmBTTRn1vC3XnSHO0knBp97ty-HAlPs29g4Eb4IbtJM_xzGqOb1tg18GJ-BJnZB_b9zn1S8bnv6sXzSRQf3TIkHZvxA83qChteC6Acjoq37ACrttnb7nWGZCtCWPkmSn29CBkWUP1lPwI3UmE1wz8ALs8z-htZ2Lr1h6ngvg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Perfect Storm With a number of proposals, amendments, opinions, coupled with the states administration carrying on, and the clock ticking the legislature came up with a wonderfully concise solution that has resolved the IMPT conundrum. Read the Full Article Very Movable Property Tax Savings [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvfRD1x0EUewJpcOEZ9tYjHRH_K4E-zqdMRuTZFCBs4hZh8H-d1151kADzi_XyzN-GRoUpirfGUuZyzg4MLV5YolYoA0pTB-08Dt_Qki5HxUmhb3Lj13wsvvWJLRVH4orI5_lWftf2l1pNUrF2wFtE5UFRnWgND8f-Qp76wVTNGwdU97i_3BFGsHu2jMfDhZgHfxsX50tP6m_jzwJFG_B2hLS5DilqPh-GjoxgcVfvd9wnMKcufPH9bI91JzV5ykwMlBqo20BGBWwG5frovHY8De24-PhUOlp0fPAd7Yrz7Ed_G4t9RaW_msQAxL97AfeuLtCNuV1O8TlBcbwzv3Q-J5RksANRrWaEg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Adopting the philosophy: If you cannot live with it, change it, if you can't change it, stop doing it. CONTACT US [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvWdlLGidGU-BT-6a7Y5eOnIWOSkUgsbOi7DszDU-8617K0VCtgfgfZONMT05HgDJRYpsCQMxE_QcRwQcaVIqDI5ApSQoS2MqGF2mvAeKRpLmtZ5r4OErcsp5Lk53UEzKbRfRGxBVvGw6V7EL0klWD3KiY_mTckEE74c5l9hRKjzZjkireGBYMvTwfmLz1DBrVVbwFHfC0Se5czt82ES6bSTMP2yzMj3jUdP0UZJgByacCgU0z3k1yDazEedMkuJd5nv-dyOS7yDl_O2wLILIz-CHN8NPCwCF3SEa3f6vtG_Lu2igLD-N508=&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] The government stood back and took a different perspective cutting through all the debates. IMPT Property Tax Saving Summary 2015 -2016 - 2017 The attempt to use 2013 Rateable Values abandoned The taxable Bands do not change. Immovable Property Tax Savings for each year are as follows: 2016 2016 IMPT based upon 1980 Rateable Values 75% reduction in IMPT tax payable for 2016 2016 overpayments to date will receive the discount and receive a tax credit or cheque refund 2015 25% tax reduction in IMPT retrospectively applied to 2015 IMPT paid 2015 are now being issued with the discount applied 2017 2017 IMPT is ABOLISHED - IMPT to be no more Penalties are still applied for late payments of IMPT, any payments after 31/12/16 will suffer a 10% tax penalty. Read the Full Article Very Movable Property Tax Savings [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvfRD1x0EUewJpcOEZ9tYjHRH_K4E-zqdMRuTZFCBs4hZh8H-d1151kADzi_XyzN-GRoUpirfGUuZyzg4MLV5YolYoA0pTB-08Dt_Qki5HxUmhb3Lj13wsvvWJLRVH4orI5_lWftf2l1pNUrF2wFtE5UFRnWgND8f-Qp76wVTNGwdU97i_3BFGsHu2jMfDhZgHfxsX50tP6m_jzwJFG_B2hLS5DilqPh-GjoxgcVfvd9wnMKcufPH9bI91JzV5ykwMlBqo20BGBWwG5frovHY8De24-PhUOlp0fPAd7Yrz7Ed_G4t9RaW_msQAxL97AfeuLtCNuV1O8TlBcbwzv3Q-J5RksANRrWaEg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Property Transfer Tax The 50% reduction in Property Transfer tax payable in 2016 has been extended indefinitely. So any applications for title deeds will still get the 50% tax saving if issue is after the end of year. CONTACT US [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvWdlLGidGU-BT-6a7Y5eOnIWOSkUgsbOi7DszDU-8617K0VCtgfgfZONMT05HgDJRYpsCQMxE_QcRwQcaVIqDI5ApSQoS2MqGF2mvAeKRpLmtZ5r4OErcsp5Lk53UEzKbRfRGxBVvGw6V7EL0klWD3KiY_mTckEE74c5l9hRKjzZjkireGBYMvTwfmLz1DBrVVbwFHfC0Se5czt82ES6bSTMP2yzMj3jUdP0UZJgByacCgU0z3k1yDazEedMkuJd5nv-dyOS7yDl_O2wLILIz-CHN8NPCwCF3SEa3f6vtG_Lu2igLD-N508=&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Register for Up - Contact Us for Free Review Share this email with a friend for them to register their interest in EU Brexit for Expats Register and subscribe to our free newsletters click here [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvbx2AgZ48MldFX_9jhcn2yqMgopEoBYkG01JtWmgSGwBOINlAet6NBPoxcQHj_Q_sKjybjpHzaDanqlj02As0ShBRnb0M_WnBmaenByzl0s-QXUhC6HuFv8m-1toJM3bZ43HKkQKLwaIG8B7y_vK5w3KRVdmBTTRn1vC3XnSHO0knBp97ty-HAlPs29g4Eb4IbtJM_xzGqOb1tg18GJ-BJnZB_b9zn1S8bnv6sXzSRQf3TIkHZvxA83qChteC6Acjoq37ACrttnb7nWGZCtCWPkmSn29CBkWUP1lPwI3UmE1wz8ALs8z-htZ2Lr1h6ngvg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Read the Full Article Very Movable Property Tax Savings [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvfRD1x0EUewJpcOEZ9tYjHRH_K4E-zqdMRuTZFCBs4hZh8H-d1151kADzi_XyzN-GRoUpirfGUuZyzg4MLV5YolYoA0pTB-08Dt_Qki5HxUmhb3Lj13wsvvWJLRVH4orI5_lWftf2l1pNUrF2wFtE5UFRnWgND8f-Qp76wVTNGwdU97i_3BFGsHu2jMfDhZgHfxsX50tP6m_jzwJFG_B2hLS5DilqPh-GjoxgcVfvd9wnMKcufPH9bI91JzV5ykwMlBqo20BGBWwG5frovHY8De24-PhUOlp0fPAd7Yrz7Ed_G4t9RaW_msQAxL97AfeuLtCNuV1O8TlBcbwzv3Q-J5RksANRrWaEg==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Further Updates can be viewed at ProACT Expat Expert Blog - Click Here [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvbx2AgZ48MldIqCtiN3xRTPuk3fxSTRwgCohUBmWhwPtTcvWd3-S0xOHAsXPdHtp589ADvlhqTNrFgEq-LFSahKUYR5M0xRmfQ0kX1NRY1TJjf10r3t78hncWisO2zlrrv8UoGUQmQrymoCVrwk_ZQKh01pY9TD-U2BPJfT_d26C2JTaQFitLWw_-Saj8W7sHNMRYgSPyeN7x_uLVYhkCJ4AZ2W1yq9gXYXWYHnPgXcU3IGLfoycVo0JPUX1wYVopuTHN3LqtYVzEOhHzWrG0QaqW1i2b289fveyv2Vejs1A&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] ProACT Partnership Expat Experts will keep you informed. & ProACT Swirl Red [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvdYZSmjAHvV0H-IbwyIQcw5dCgjycqByeUc3tMjF8DogyiCr4edA9yno8FrE7AZKHaZ5RZpjAJ3BQsDSNIWGa8PbAFjyS_UGFBRzKfWQSQ7JGKmerAf_Ctt1si_N_aXtG02Nd4Vd8kLcgEumYkvlJkO-DkX1C-VoDWCSOFJr4zsUpSpEIZPN49EKEPql3jvgE0bHanOATeGIaE06wt4mKkONPm96x1fXaymOpHukrh8qyt0zDXJ03mLwFQAmdMVFkQc1v4iKLiYZaXUX1s11oRpS-6rNsw1juQ==&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] We value your feedback and questions. We offer a Free Review on issues arising from this article CONTACT US [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvWdlLGidGU-BT-6a7Y5eOnIWOSkUgsbOi7DszDU-8617K0VCtgfgfZONMT05HgDJRYpsCQMxE_QcRwQcaVIqDI5ApSQoS2MqGF2mvAeKRpLmtZ5r4OErcsp5Lk53UEzKbRfRGxBVvGw6V7EL0klWD3KiY_mTckEE74c5l9hRKjzZjkireGBYMvTwfmLz1DBrVVbwFHfC0Se5czt82ES6bSTMP2yzMj3jUdP0UZJgByacCgU0z3k1yDazEedMkuJd5nv-dyOS7yDl_O2wLILIz-CHN8NPCwCF3SEa3f6vtG_Lu2igLD-N508=&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Along with other articles for Expats Living and Working Abroad. Share the news - forward to a friend If the article is helpful, please read more at www.proactpartnership.com/blog [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvV2wxe2KIxTIsnkt2PAIXBa_o9rYWruJNWuUY5bQAsnAgyldQNy3AwM5mR_qqtEXwDxOW0YAWLwhI8RxnPtJTLjd8IzJe11au_vjeJGP-jLeEKRtAhNJYczydhSys7K86qJz0KE5xLBEZOaNlYMlul4kAvV53BGiOqtEVtaJCdn5XdFt0xi-mZRqSKXm2MAqVT2F10CAQYazBcA5pv0t2TL9MWCwhBLh9Cp6HBC4bM9-GcXV8ctzBO0itXexX5Hzuy1RSbxEvwxZXgdfZua66dIPluZOKmeLp98qN8sgiTxg&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] Thank You & Sam Orgill, Contact ProACT [http://r20.rs6.net/tn.jsp?f=001_Iok7Oil2VVl82I34bNXKHQfKv0BKSG3lL88Kb0GI8f_kISmxSxwvWdlLGidGU-BT-6a7Y5eOnIWOSkUgsbOi7DszDU-8617K0VCtgfgfZONMT05HgDJRYpsCQMxE_QcRwQcaVIqDI5ApSQoS2MqGF2mvAeKRpLmtZ5r4OErcsp5Lk53UEzKbRfRGxBVvGw6V7EL0klWD3KiY_mTckEE74c5l9hRKjzZjkireGBYMvTwfmLz1DBrVVbwFHfC0Se5czt82ES6bSTMP2yzMj3jUdP0UZJgByacCgU0z3k1yDazEedMkuJd5nv-dyOS7yDl_O2wLILIz-CHN8NPCwCF3SEa3f6vtG_Lu2igLD-N508=&c=kAXs3Ja3JvxxKCEYRTs9KY5392M2ZvRKu0elyf8eJtUFgKFvHrzYYA==&ch=qdTmh5SJwInz9m_okbUayEZRsm9BjRx3lXuGVkg6vFDWAWPD6IBvEg==] ProACT Partnership Expatriate Advice Tax Saving Expat Experts Tel: +357 26 819 424 Tel: +44 1753 27 2116 www.proactpartnership.com/contact-us & & Forward to a Friend http://ui.constantcontact.com/sa/fwtf.jsp?llr=o8s5pbcab&m=1101709396846&[email protected]$&a=1125326768536 This email was sent to [email protected] by [email protected]. 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