Wednesday, May 23, 2012

50% REDUCTION ON VALUE ADDED TAX DERIVED FROM NEW PROPERTY PURCHASES

Starting from 23rd May 2012 until the end of the year, the Government shall apply a 50% reduction on all value added tax derived from the purchase of a property, according to the Council of Ministers. This measure was announced 4 days ago at a press conference by Ana Pastor, Public Works & Development Minister, following the Council of Ministers. This implies that whoever purchases a property starting from today will receive a 50% reward bonus for any eventual value added tax generated by the sale of the same. The reduction applies to both individuals and corporations. The tax cuts therefore affect both individual as well as corporate tax returns. However, purchases made between parents and children will not be entitled to benefit from this measure. The change in policy is focused on revitalizing the anemic Spanish housing market as well as facilitating the sale of stock accumulated in the banks’ balance sheets, which is currently eroding their profit and loss accounts. Anyone who purchases a property as a second home will be able to benefit from this measure. At present, individuals are subject to 100% exemption on value added tax upon selling their main home. This will therefore optimize a stock clearance of all second homes (apartments on the coast etc.) and will aid large investors, speculators or profit-seeking property purchase bonds. SOURCE: MARTINEZ ECHEVARRIA I PEREZ I FERRERO ABOGADOS www.martinezechevarria.com

Thursday, May 17, 2012

SAYINGS AND THEIR STRANGE ORIGINS

Always a Bridesmaid, Never a Bride This phrase, surprisingly, was used to sell Listerine mouthwash! To promote their product, the manufacturers of Listerine employed the personal experience of girls at the time, who desperately wanted to settle down but seemed always to be left on the shelf. First used in the 1920’s, it portrays a situation and a possible explanation for the lack of success these girls had. Here is the transcript of the ad: Poor Edna was getting on for thirty and most of her girlfriends were either already married, or about to tie the knot. How she wished that, instead of being their bridesmaid, she could be the bride! However, any romance of hers invariably ended quickly. There was a reason. Unbeknownst to her, she suffered from bad breath and no one would tell her, not ever her closest friends. The advertisement sold millions of bottles of mouthwash and also gave the English language a new saying! Bark up the wrong tree Originating back when hunting was still a major sport, this phrase came from when animals were used to track, catch or retrieve prey. This applies, not least, to dogs. Dogs were used in the chasing of raccoons, which was chiefly undertaken at night and were trained to indicate the tree in which the animal had taken refuge by barking at it. Of course, even dogs can err and, at times, barked up the wrong tree. Be on a good footing A pleasant relationship with other people, not least those in a superior position, is portrayed as being ‘on a good footing’ with them. There are two thoughts as to where this saying came from. Some say the phrase goes back to a practice of early apprenticeships. It was the custom, on the first day at work, for apprentices to invite all their workmates for drinks. The new apprentice ‘footed the bill’. If proved a generous host, he made friends for keeps. The hospitality would never be forgotten. Recalling how much it had cost, it was said the novice gained ‘a good footing’. A second derivation links the phrase with an early and bizarre interpretation of human anatomy, the importance given to the length of one of a person’s digits. At one time, the dimension of the middle toes determined a person’s ‘standing’ in the community. Thus, the measurement of their foot decided their status in the eyes of others. Those whom nature and genes had endowed with large feet were lucky to be ‘on a good footing’. Draw your own conclusions on this one! Beat around the bush Someone who doesn’t get to the point is said to ‘beat around the bush’. The origin of this phrase is, undoubtedly, from hunting, and more specifically from the hunting of boars. A ferocious animal, it often hid in the undergrowth and beaters were employed and ordered to go straight in to chase it out. But very much aware, and afraid, of the animals’ sharp tusks, they much preferred to merely ‘beat around the bush’ a practice strongly disapproved of by their masters. Best foot forward When you are trying to make a good impression it is said that you should put your ‘best foot forward’. There are many options as to where this phrase came from, one being that it was believed that ‘the left’ was the realm of the devil, of evil and misfortune. After all the Latin word sinister means left, and in English sinister has kept its ominous meaning. Hence, it was advisable to keep the left foot behind and step forward with the best, the right, foot first. But this phrase seems to have come from the fashion world, rather than the occult. The saying can be traced to male vanity, particularly apparent in the late eighteenth century, the period of the dandy. His desire to attract people’s attention and admiration took strange and elaborate forms. At the time, people imagined that their two legs differed in shape and that ‘normally’ one was more becoming than the other. To draw attention to it they kept the worse one in the background, literally putting ‘their best foot forward’, and with it, of course, their leg. Bite the bullet A person who ‘bites the bullet’, without any sign of fear, acts with great courage in the face of adversity. The phrase recollects a dangerous army practice in the 1850s. Soldiers were then equipped with the British Enfield rifle. Prior to using it, they had to bite off the head of the cartridge to expose the explosive to the spark which would ignite it. The procedure was fraught with danger, particularly so in the heat of battle. It needed firmness and courage, as even the slightest deviation or hesitation would endanger the soldier. Blow Hot and Cold People who waver in their opinions and quickly change from being enthusiastic to showing disinterest are said to ‘blow hot and cold’. The saying can be traced to one of Aesop’s Fables. It was a cold winter’s day, and the freezing traveler was blowing on his stiff fingers. Mystified, a satyr wanted to know what he was doing. The man explained to him that, with his breath, he was warming his chilled fingers. Taking pity on him, the satyr invited the man to his home for a hot meal. This time, he watched him blowing on the food, which intrigued him all the more. Inquiring why he did so, his guest explained that he was blowing on the stew to cool it down. There and then the satyr told the traveler to leave at once. He was not prepared to entertain, or even mix with, someone who could ‘blow hot and cold from the same mouth’. Break a leg To wish an actor prior to his going on stage to ‘break a leg’ is a well-known practice. A pretty strange wish, actually it is meant magically to bring him luck and make sure that his performance will be a success. From the superstitious age it was thought that jealous forces, always present, are only too anxious to spoil any venture. A good luck wish would alert and provoke them to do their evil work, whilst a curse will make them turn their attention elsewhere. The underlying principle is the belief that if you wish evil, then good will come. I’m sure it’s called reverse psychology these days. Bury the hatchet To bury the hatchet means to create peace. With hostilities at an end, the hatchet was no longer needed, and therefore could be disposed of. Now a merely figurative expression, the phrase is based on an actual practice of North American Indians. When negotiating peace, they buried all their weapons; their tomahawks, scalping knives and clubs. Apart from showing their good faith, simultaneously it made it impossible for them to go on fighting. By hook or by crook The achievement of a goal with determination, by fair means or foul, is described as getting things done ‘by hook or by crook’. The origin of this phrase is linked with an early British practice, at a time when forests were still the exclusive property of royalty. For any unauthorized commoner, then, to gather firewood in them was a crime, poor people being the only exception. Though they were not permitted to cut or saw off branches, they were free to remove withered timber from the ground or even a tree, doing so by means of either a hook or a crook.

Monday, May 7, 2012

LAURO GOLF COURSE

Lauro 27 Golf can be found in the middle of beautiful pure nature in spectacular surroundings. The course counts with 27 holes that can be played in three different combinations, all par 72. From the beginning the design and function of the course has been based on respecting the nature and the environment that surrounds it by not only saving and caring for the already existing trees but also by planting thousands of new trees, most of them indigenous andalucian species. In Lauro Golf the nature is everywhere. Within the whole complex the direct contact with the nature is constant and whether you are playing golf, living in the residential or just enjoying a stroll in the surroundings you can see that we are not the only visitors at Lauro Golf. You can often see rabbits, ducks, partridges, herons and even eagles on and around the golf course, our friendly neighbours who are enjoying the micro-climate of the course created by the thousands of trees and the fourteen lakes of the golf course. The course was designed by the late Folco Nardi and the idea was to create a course that was technically challenging yet not too difficult. With a good concentration and the correct election of the clubs the player can end up with a good score in one of the 50 competitions played every year at Lauro Golf. The extension of the course with the holes 19-27 designed by Mariano Benitez follows the same line and equally requires concentration and skills. The course is moderately flat and can be played by foot though there are two holes located on the side of the mountain and from which we can enjoy some spectacular views over the valley of Guadalhorce and the Mediterranean. The club house is located in an old Andalucian building, Cortijo el paredón, where you can find the restaurant, changing and locker rooms, pro shop and the caddy master office. On our premises and the surroundings you can also find a swimming pool, a padel tennis club, lawn bowls club and an equestrian centre. In the middle of the cortijo there is a fabulous patio, with an enormous rubber plant in the middle which offers shade to the players enjoying their food and drinks after a game of golf. http://www.laurogolf.com/
 
Web Analytics