I’m not normally someone who buys stuff even semi-impulsively. However yesterday I broke that trend – at least temporarily – and brought a DVD HDD Recorder.
The DVDR520H has an 80GB hard drive and has all the normal features you’d expect from one of these beasts.
We’ve been thinking for quite a while about getting one of these. It’s amazing how many times you miss having a VCR when you don’t have one. So, with home group*1 starting on Monday, and with the prospect of missing three hours of enjoyable television, the decision needed to be made.
We’d also seen these in The Appliance Shed (Porana Road) for what I considered a good price ($499), so we decided to go ahead with it. It hasn’t got the biggest hard drive, but I don’t really care as we can always store stuff on the computer (or DVD’s).
Problems? Installing was a bit of a hassle. It has to be connected to the sky box by an aerial connection (despite it having the normal plug inputs) and the menus were a bit complicated, but I got there. Also, when I turned it all on (sky, tv and DVDR) this morning, the DVDR had lost the sky signal so I had to retune it. This could be a problem if I have to do it every day. I guess we’ll see.
So the theory is, my life is no longer controlled by the tv, now I control the tv!
Ok, Megan controls the tv.
*1 – Church event where groups of about ten people get together to socialise and conduct bible study
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In order to claim a corporate income tax refund, a foreign company must be registered in Malta as a trading or holding company (deriving its income from trading activities or from participation in other organisations, respectively).
In the tax accounting of a Maltese company, the income earned by it must be recorded in one of four tax accounts: “foreign profits”, “Maltese profits”, “profits from immovable property”, “non-taxable income”. Each type of income is taxed according to its own rules. The final amount of tax is recorded in the fifth account “final tax”.
Example. Consider the two most common cases: a Maltese company derives profits from trading activities abroad and from participation in other companies. In either case, these profits are subject to statutory tax at 35 per cent, but the Maltese shareholders are entitled to claim a refund of the tax taken from the dividends distributed. The refund rules differ for different types of income.
If a Maltese company derives income from trading activities outside Malta (and the term “trading” includes both the direct purchase and sale of goods and the provision of services), its shareholders are entitled, upon receipt of the dividend, to apply for a refund of 6/7th of the tax previously paid in Malta. Therefore, the effective income tax rate will be 5 per cent.
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