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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 are: (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 invaliditybenefits,
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: http://www.globalpp.net/?id=cwmtrader


CWM WORLDWIDE: Casheasier Chargecard
website: http://casheasier.blogspot.com