KhunHeineken
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Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Well, at least they are not of the professional opinion such laws "are only for guys like Paul Hogan." -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Do you disagree with the information in the link? -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Can the OP bump the poll date, if he has enough time in between trolling me? -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
You disregard every piece of information except one piece of information that meets your narrative, which is question due to its mention of another "Article" and then beat your own drum that you are right and I am wrong. I keep an open mind, and I am still researching, but there's more to Article 18 and Article 19 than you think. -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Not sure, but it's difficult to treat ignorance on this forum. -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
You really are in denial. I'll explain it in the other thread. -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Why don't you run YOUR interpretation past some companies like this one? https://www.ngssuper.com.au/articles/news/age-pension-travelling-overseas#:~:text=Yes — the age pension is,you lodge your tax return. Can I live overseas and get the age pension? If eligible, yes. Your payments will be made every 4 weeks instead of fortnightly, and you may be paid less than what you would have in Australia. Is the age pension taxable? Yes — the age pension is counted as taxable income. You can ask Services Australia to deduct tax from your payment so you don't need to pay it when you lodge your tax return. -
Getting OaP with Super
KhunHeineken replied to georgegeorgia's topic in Australia & Oceania Topics and Events
As I said a long time ago, the days of people retiring and being able to claim a pension are coming to an end. Most people entering the workforce in the early 90's will have contributed to their own Super until retirement age, and thus have too much to meet the criteria to claim a pension. OP, you seem to be one of these, or close to it. This is why I mentioned in the pension thread, some time ago, that basically, pensions will be a thing of the past for most Aussie retirees in the next 15 years or so. I remember crunching some numbers in that thread, and even with the average wage, over a 40 year career, you go over the allowable criteria to get a pension. That turned the focus to Super and non resident tax in that thread, which is something you need to consider. Just one of many websites with information. https://simplyretirement.com.au/tax-super-overseas "Additionally, should you draw a pension from an untaxed superannuation fund, and these are largely limited to Government, public sector funds, then you may be taxed on your pension on a non-resident basis in Australia should you retire overseas. Non-resident tax rates are higher than residents tax rates because there is no tax free alowance. That tax may, or may not, be available as a tax offset in the country of residency." The above also relates to the double taxation treaty between Australia and Thailand, which is the source of some debate in the other thread. -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
This post contradicts what you have been posting in the other thread. "From my reading, they can take $0.32.5c in every $, no threshold as you are deemed a non resident" - why are you now saying otherwise in the other thread? What has changed? -
Australian pensioners retired in Thailand.
KhunHeineken replied to Lacessit's topic in Australia & Oceania Topics and Events
Bumping this thread for some more poll data from newer members. -
Don't mention any possible fraudulent activity, or tax evasion, someone might beg the Mods to have you banned for life.
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As soon as the media publishes "drunk" everyone automatically attributes blame to the foreigner / expat / tourist / passenger. However, even whilst quite intoxicated, one knows when they are being robbed. Some hand over the money, others defend themselves. More to this story than "just another drunk Brit."
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Check out these obscene profits. https://www.actu.org.au/media-release/back-workers-not-big-business-profits-politicians-urged/ "Recently we’ve seen the big four banks post bumper profits, with the Commonwealth Bank posting $10.2 billion, Westpac $7.2bn, NAB $7.7bn and ANZ $7.4bn. Back in August, we also saw significant profits from Coles, up 17.1% to $643 million and Woolworths, up 14% to over $900 million. IAG, Australia’s top general insurer, saw profits soar 140% to $832 million. Origin Energy, one of Australia’s biggest energy providers, grew profits by 83.5% to over a billion dollars." Price gouging, but guess what, the higher the price, the more GST the government gets, so why would they care?
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I could see some years ago policy was pushing Australia into the extended family model like Europe and Asia. Basically, no chance to own your own home, so you and your wife / husband live with parents / in laws, and inherit a house. So much land in Australia, yet, there is a housing crisis. We are a laughing stock of the world. It's a man made disgrace.