The Opus Group Launch A New Tax Mitigation Scheme, Globalcure Environmental Trading

Released on: January 12, 2008, 1:58 am

Press Release Author: Jon Dickinson

Industry: Financial

Press Release Summary: Opus today announced the launch of a new tax mitigation
product, Globalcure Environmental Trading Investments, a tax planning solution to
reduce an individuals and a company's liability to income tax, capital gains, and
corporation tax.


Press Release Body: Belfast,UK, Jan 12,2008--GlobalCure Environmental Trading
Investments involves the creation of Environmental Trades, which gives individuals and companies economic incentives to invest in
companies which promote reforestation and/or reduce the levels of carbon dioxide.

Tax legislation allows investors in Environmental Trades to claim loss relief for
their investment thereby considerably reducing their current or future tax bill. At
the same time, Environmental Trades provide the potential for substantial profits.
Through the trading of carbon credits from accelerating forestry growth, the
creation of biomass renewable energy power sources, methane sequestering, the
provision of better crops for populations and developing sustainable forms of
energy, Environmental Trades provide investors with substantial investment
opportunities.

Within a typical trade the investment will be split into
60% to reforestation/carbon credits
10% to paper pulp
10% to methane sequestration
10% to bio fuels
10% to dual crop

The majority of the initial investment into the GlobalCure Environmental Trade is
used for Research and Development. The R&D spend qualifies for tax relief under
S.380 ICTA 1988 (where the loss is being set off against the current or previous
fiscal year) or under S.381 ICTA 1988 (where the loss is being set against the
previous two fiscal years) or under S.72 FA1991 where the loss is being set against
Capital Gains in the current or last tax years.

The product is mainly aimed at investors who are seeking high taxable yield while
mitigating risk by reducing PAYE income tax, Capital Gains
Tax
and/or reduce their burden to Corporation
tax
. For more information regarding any the tax mitigation schemes by the Opus
Group, please visit the website, http://www.theopusgroup.co.uk.

About the Opus Group
Opus are Northern Ireland's leading specialists in Tax Avoidance. As professionals
in taxation, they offer specialised tax advice that is not traditionally available
from Accountants. Furthermore, the company can offer clients a portfolio of tax
efficient schemes that are exclusive to Opus.
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Contact Details

Jon Dickinson
The Opus Group,
137 York Road
Belfast
BT15 3GZ
028 9058 9800
swoulfe@continuum.ie
http://www.theopusgroup.co.uk

Web Site: http://www.theopusgroup.co.uk

Contact Details: Jon Dickinson
The Opus Group,
137 York Road
Belfast
BT15 3GZ
028 9058 9800
swoulfe@continuum.ie
http://www.theopusgroup.co.uk

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