KhunHeineken

Negative publicity is still publicity. ???? Seriously though, talk about shoot the messenger.

Over the 12 months to the March 2022 quarter, up 5.1%. https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release#:~:text=The Consumer Price Index (CPI) rose 2.1% this quarter,Automotive fuel (%2B11.0%).

I'm not posting for Likes or Thumbs Up. The changes, if passed, may, or may not, effect a few, or all of us. It's probably something most expats should be made aware of.

I was going to suggest opening a high interest online account, which you can do over the internet, but you still need to send 100 points of ID. A passport is only 50 points. Unless your Australian bank can do something for you, it appears that you have basically lost control of that money, so maybe best to move it offshore and regain control of it.

I have never once suggested pension portability would be scrapped. What I have suggested is it MAY be possible that EVERY expat, that's everyone from Paul Hogan to someone on an old age pension in Thailand, will be deemed a non resident for taxation purposes because the new laws, if passed, simply classify everyone outside of Australia for 183 as a non resident, with no grey areas to argue. I have posted the non resident tax brackets previously, and they are very high, with the first bracket being $0 to $120,000, which would scoop up most expats. Note it's from $0. The first $18,500 is not exempt. ANY and ALL income, including pensions, MAY be taxed at non resident rates. That's Paul Hogan's income, and that's the old age pensioner's "income" of the pension. Discussion about means testing, pensions being exempt etc have been posted, but losing portability, completely, has never been suggested, and I doubt that would ever happen. Currently, a lot of money is leaving Australian shores, legally, because the old criteria of resident / non resident had a lot of grey area one could manoeuvre around. The new criteria, if passed, is simple, with no grey area. In Australia 183 days, resident. Outside Australia 183 days, non resident. Why wouldn't the tax man want a piece of that action?

"She'll be right, mate." ????

What forms of ID do you still posses from Australia?

Just saying, with Australia's debt increasing faster than its repayments, at some stage in the not too distant future Australia may lose its AAA rating, which will hit the Aussie Dollar, and that massage could cost $30AUD in the future.

This is a policy most of us have been implementing for years, but should the proposed changes be passed, this will allow the Government to straight away classify you as a non resident for taxation purposes, with nothing you can do about it because you have been outside Australia for 183 days. What happens after that is the unknown. Let me say that again for those who think it is scare mongering. The immigration department will know you are outside of Australia for 183 days, therefore you will be classified as a non resident for taxation purposes. What Centerlink and the tax office do with this information, and what the proposed changes will allow them to do, and its impact on you, is unknown at this stage.

The proposed changes are not my opinion, they are fact. You have links to them from many sources. The proposed changes are about residency for taxation purposes and clearly sets out that the Government wishes to simplify the criteria for classification by using 183 days inside, or outside, of Australia. They are proposed changes. What more proof of proposed changes do you need? Should they be passed into legislation, the way it reads to me is anyone inside Australia for 183 days will be deemed a resident for tax purposes, and therefore anyone outside of Australia for 183 days will be deemed a non resident for tax purposes. That's the simplification the Government wants. I have no idea if pensions or pensioners will be effected. I have only ever said they "could be" or "may be" or "it's possible" these changes effect expats. It was only a heads up to keep an eye on it and because it may upset the apple carts of members I have been personally attacked. Do with the information as you please, or in your case, do nothing, I couldn't care less, but the proposed changes are fact, not opinion.

Some like to plan ahead. I don't see anything wrong with hoping for the best but planning for the worse. The valid proof is the proposed changes are real. A lot of links to them have been provided by me and others. They are not fictitious. No one knows if they will be passed, and if they do get passed, how they will be implemented, but I don't see anything wrong with considering what impact, if any, they may have on expats.

Can you view the sim card's account online and get the call history that way?

If you have no assets or income in Australia and Thailand, it sounds like you are a tax resident of of third country. Unless you moved all your money to Thailand and bought some type of income producing asset in a Thai's name. Are you a dual national? Clearly you are not a resident of Australia for tax purposes, and to state you are is an offence. You may or may not risk the consequences of doing so. What address does the bank have for you?

Australia's debt clock. https://australiandebtclock.com.au If we lose our AAA rating, watch what happens to the Aussie Dollar, which effects all expats.

What about the hospital waiting list? https://www.smh.com.au/national/nsw/overdue-elective-surgeries-to-triple-after-pandemic-backlog-analysis-shows-20220406-p5abau.html#:~:text=There are almost 95%2C000 people,waited longer than clinically recommended. If the new proposed residency laws are passed, there will be no rods for backs to be made. It will be as simple as 183 days inside Australia, you are a resident for tax purposes. 183 days outside of Australia, you are a non resident for tax purposes.

Do you think the deal you are on will never change, ever?

PM sent.

Centerlink only administers the laws and policies of the government of the day. Let's hope the new government does not admit into legislation the new proposed tax residency laws.

Aussies might find this article interesting, and disturbing. Some eye watering figures. https://www.smh.com.au/politics/federal/australia-drives-up-debt-to-menzian-levels-with-no-end-in-sight-20211228-p59kg1.html I can only imagine what new taxes and cost cutting awaits the present generation, and many generations to come. With a country of only 25 million people, having only around 12 million people in the workforce, it will take generations to pay back the debt. How could a country with such an abundance of resources be so mismanaged, for so long?