Issue link: https://maltatoday.uberflip.com/i/794736
maltatoday, SUNDAY, 5 MARCH 2017 Events 45 The Cake Box opens a new outlet in Paceville A third 'The Cake Box' outlet has just been opened in opposite The George Hotel in Paceville Street, St. Julians. Directors and various mem- bers of staff from CaterEssence and Vassallo Group were pre- sent during the inauguration ceremony, led by Vassallo Group Chairman Nazzareno Vassallo, CaterEssence Executive Chair- man Alex Tranter and European School of English CEO Sean Le- Gault. The Cake Box in Paceville is located within the building of the European School of English in Paceville. Over the past two years, The Cake Box has slowly but surely developed into a very success- ful food outlet offering a wide selection of pastries includ- ing scrumptious cakes, muf- fins, cupcakes and savoury food items which include 'Fresh Eats', a 'grab-and-go' fresh food selec- tion of healthy food choices. All food items sold at The Cake Box are developed and produced exclusively for The Cake Box by CaterEssence. The new Cake Box outlet also offers a even wider choice of food as breakfast, lunch and dinner are also served. The Paceville outlet will also act as a pick-up point for various cakes produced by CaterEssence. The Cake Box brand is owned by CaterEssence Ltd, the food division of the Vassallo Group. The first Cake Box take away outlet opened at the Landmark Complex in Qormi, while a sec- ond Cake Box outlet opened at Rotunda Square in Mosta. The Mosta outlet was eventually transformed into a concept last year. Motors Inc. Ltd unveils the new Opel MOKKA X all-terrain adventurer Motors Inc. Ltd., local distribu- tor for the Opel brand, launched the new MOKKA X, the popular SU V from Opel. Starting from €20,900, the new MOKKA X boasts stylish looks, a lively engine line-up along with the adventurous per- sonality and unrivalled connec- tivity offering an array of state- of-the-art technologies. The Opel MOKKA X's new exterior design displays a bold attitude. New vibrant colours such as 'Amber Orange' or 'Ab- solute Red ' add further empha- sis to the sporty and exclusive appearance. On the inside, the Opel MOK- KA X's ambiance has been to- tally redefined. The new instru- ment panel now impresses with refined elegance and a purer design with less buttons. With regard to performance, the additional torque in the rear wheels provides maximal trac- tion and stability, thus increas- ing safety and with it driving pleasure, even, for instance, when hitting a pothole. During the development of the Opel MOKKA X, Opel en- gineers once again followed the company's strategy of making innovative technology available to a broad group of buyers by introducing Adaptive Forward Lighting with full LED head- lamps. Two versions of the new gen- eration of the IntelliLink info- tainment system will celebrate their SU V debut. IntelliLink will bring the world of smart- phones to the car. Apart from being one of the best-connected cars in its seg- ment, the new Opel MOKKA X can also claim to be one of the most comfortable. Like in most Opel models, the AGR (Aktion Gesunder Rücken = Campaign for Healthier Backs lead by in- dependent back health experts) tested and certified ergonomic seats, unique in the segment, make long highway journeys just as enjoyable as excursions into rough terrain. The Opel MOKKA X, repre- sented in Malta by Motors Inc. Ltd, starts from € 20,900. For further information or to test- drive the Opel MOKKA X, visit the Opel showroom at Motors Inc. Ltd in Mdina Road, Qormi, send an email to opelsales@mo- torsinc.com.mt, call 2269 2122, visit the website w w w.opel.com. mt and follow the Facebook page Opel Malta. GO to appoint a new Chief Executive Nexia BT course on licensing, VAT and income tax on income from renting immovable property The Board of Directors of GO p.l.c. will shortly appoint a new Chief Executive Officer to replace Yian- nos Michaelides, who will be va- cating the position to pursue other opportunities on 30 March 2017. Michaelides, who has been at the helm since July 2012, has success- fully led GO's senior team in their efforts to grow GO into a modern and diversified quad play business. During his tenure, GO has em- barked on a new and transforma- tional strategic direction, execut- ing major revamps of its product portfolio, enhancing customer ex- perience, strengthening its brand and initiated significant strategic investments. These have delivered major gains in key growth areas such as mul- tiplay, mobile, TV and broadband and GO has consistently grown profitability, out-performing EU telecoms benchmarks. At the same time, the strategic investments in Fibre to the Home (FTTH) and fibre-connected 4G are delivering an unmatched capability that gives GO a significant, sustainable, com- petitive advantage for the future. All this was accomplished in parallel with an array of human resources initiatives, which also led to significant improvements in employee satisfaction. Under Michaelides' leadership GO is now a much larger company both in terms of revenues and prof- itability, in particular following the strategic acquisition of a control- ling stake in Cablenet in Cyprus, a game-changing development with far reaching implications for GO, which now also operates in a mar- ket which is double the size of its domestic one. Moreover, he oversaw the Group's diversification into ICT related business services, with the strategic acquisition of a majority stake in Kinetix in Malta. As a result of this, the Group has a more international dimension, a healthy and profitable business model, diversified income streams, a number of strong brands and a robust and successful strategy that will continue to deliver. "GO is a fantastic brand, truly a great company with a dedicated and competent work force, some exciting plans and strong pros- pects," Michaelides said. "I am proud to have been part of this success story and wish all the GO team the very best for the future." Nizar Bouguila, GO chairman said that under Michaelides' dy- namic and focused leadership, GO had experienced a dramatic and fast-paced evolution. "His transformational initiatives and vision have delivered a strong- er and larger GO, and a more vigorous financial performance. Yiannos has delivered exceptional value and has established the foun- dations for a promising future for the Group," Bouguila said. "We are, therefore, truly grateful to him for his positive contribution and wish him all the very best in his fu- ture endeavours." Nexia BT will be organising a CPE-accredited event which will analyse the concept of taxation of rental income from immovable property with particular emphasis on the option of taxation of such income and the rules thereof. The seminar shall also discuss the vat-ability or otherwise of rent- al of immovable property in terms of the Maltese VAT Act (Cap 406 of the Laws of Malta) based on the amendments in the Malta Travel and Tourism Services Act in rela- tion to license requirements. The event will be held on 15 March at the Xara Lodge. Regis- tration starts at 1.30pm and the course will be held between 2 and 5pm. This event has been accred- ited with 2.5 hours of structured CPE qualifying for the attainment of Core Competencies in terms of the Accountancy Board's CPE Scheme and Accreditation Rules. The accreditation reference num- ber is A 1723. The event will be presented by Antoinette Scerri, senior man- ager at Nexia BT who is a Certi- fied Public Accountant graduated in Accountancy (Hons) from the University of Malta in 2007. She also holds a Diploma in Taxation and a Diploma in VAT compliance and is a member of the Malta In- stitute of Accountants and of the Malta Institute of Financial Ser- vices Practitioners. Scerri assists clients in tax nego- tiations and in obtaining advance revenue rulings and tax confir- mations from the tax authorities and is also involved in advising several multinational companies, financial institutions, funds and high-net worth individuals and is often involved in cross-border and local financing transactions and re-organisations. Presenting alongside Antoinette is Stephanie Bianco, assistant manager at Nexia BT who gradu- ated in accountancy with honours in 2011. Stephanie is currently a supervisor within the tax de- partment. Joining Nexia BT after finishing her studies, she is now involved in preparation and re- views of tax computations as well as assisting in various compliance and restructuring issues. She has completed a Diploma in Taxation course organised by the Malta Institute of Taxation and has re- cently received her Certified Pub- lic Accountant warrant. More information about the course, and how to register can be found online on www.nexiabt. com or by sending an email to marketing@nexiabt.com.