KhunHeineken
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Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
I've posted the same links many times for the same questions, to the point my posts have been reported and removed for posting the same links several times. I'll occasionally post them again for a newbie, but you are not a newbie. If you look at a link I posted recently, the title is, " Modernizing the individual tax residency rules." It's well known that the current tax residency laws are 90 years old. Ease of international travel, a growing global work force, skilled Australians in demand around the world, and the internet, now see these laws largely unfit for purpose, thus, they may / will change to a physical presence and time based model. I see you have made some other posts, so I will address the above in those posts. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
I don't know. If it was announced, I would have posted it. In my opinion, and I'll say that again, in my opinion, Aussie expats dodged a bullet in last year's May budget. Not so sure if we will be that lucky in this year's May budget which is set for the 14th May. I have previously posted a link where the Assistant Treasurer for the current Labor government said the proposed changes were in the governments "in tray" and they were looking at tweaking the 45 days, so clearly they have no intention of binning them. -
https://asia.nikkei.com/Life-Arts/Life/Mon-forge-their-own-path-in-Myanmar-s-civil-war https://news.sky.com/story/myanmars-civil-war-has-taken-dramatic-turn-and-never-has-the-ruling-military-looked-so-vulnerable-13030330 https://thediplomat.com/2023/12/is-myanmars-civil-war-pushing-the-country-toward-fragmentation/ https://www.channelnewsasia.com/commentary/myanmar-civil-war-coup-opposition-resistance-ceasefire-4059991 https://www.cfr.org/global-conflict-tracker/conflict/rohingya-crisis-myanmar https://www.telegraph.co.uk/news/2021/03/26/watch-bloody-civil-war-one-outcomes-facing-myanmar/ https://www.washingtonpost.com/world/2023/11/21/myanmar-military-karen-knu-rebels/ Speaking of Google, the above are all from the front page of quick Google search. They all mention "Myanmar civil war." Must be "fake news." Maybe it's time to take a look over the next door's fence and see what's going on in their back yard.
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Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Click on "Consultation paper." https://treasury.gov.au/consultation/c2023-205344#:~:text=This measure was announced by,be an Australian tax resident. The paper was drafted July 23 and open for submissions that closed in September 23. Here's just one of the clauses: "A strict day count ensures that residency outcomes are clear, the rules are administrable, and disputes are avoided. Allowing days to be excluded in certain circumstances may undermine these benefits." Once again, the "bright line test" of 183 days of physical presence, or, 45 days and meeting two of the factor tests. The factor tests are not difficult to meet, but as another member pointed out previously, it may be financially beneficial for some members to just pay the 32.5% non resident tax on their pension because it may end up cheaper then airfares, accommodation, and cost of living in Australia. The current Labor government are aware of the proposed changes and have not binned them, which tells me it's not if, but when they are legislated. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Again, the pension is deemed an income. The pension is taxable. There is no tax free threshold for non residents. Show me how these add up to pensioners don't have to pay non resident tax? Read the link again. Tell me, what question would you ask "Blake" from the ATO? What argument would you put to Blake from the ATO as to why your pension is exempt when he has already told "Bob" he has to pay non resident tax on his pension if living overseas. I have posted a link where the exact point of debate on this thread has been put to a member of the ATO who has replied pensioner living overseas are liable for non resident tax. The link is not my opinion, or my interpretation. Why don't you comment on this guy's channel and tell him he's wrong also? Too funny. How many times do I, and other members, have to tell you a pension is deemed to be an income, and is taxable. If you insist a pension is neither, please post a link. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
I would say, did you read the link? It comes from the ATO community website. A member of staff answered an inquiry about this very point, yet, you chose to ignore in the hope that if you post your interpretation, the law and the fact will become untrue. It's laughable. Let's not talk about what you believe. Let's talk about Australian Tax Law. Put simply, a pension is deemed to be an income. A pension is taxable. There is no tax free threshold for non residents. If the proposed changes go through, you will be deemed to be a non resident after 183 days outside of Australia. Do you agree or disagree with this simple summary? No, the game changes once you are deemed to be a non resident. They haven't been able to implement the tax / withholding pension because of loopholes in 90 year old laws. Why do you think they proposed the changes? -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Nothing mentioned in the proposed changes says it will be exempted, nor means / asset tested, nor a new tax free threshold added to non resident tax rates. If they wanted to give pensioners a free pass, I am sure these would have been mentioned, but they weren't. Read the link. https://community.ato.gov.au/s/question/a0J9s0000002ngF/p00172380 It's tax expat pensioners should have been paying for years, and the government is proposing legislation to be finally able to collect it. What part can't you understand about it? -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Marry a Thai to avoid Thai taxation policy. Great advice. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Wrong. It's about one's residency status for taxation purposes, not the source of the income. And again, for those who try to use their own interpretation to wish it all away. https://community.ato.gov.au/s/question/a0J9s0000002ngF/p00172380 It's a tax that should have always been paid, but there were too many loopholes, thus, the government proposed to move from one's "intention" which is difficult to prove, to a time based criteria of physical presence. 183 days inside Australia - resident. 183 days outside Australia - non resident. How do you propose to get around this? -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
If the proposed changes to residency tax law are passed in Australia, what tax you have to pay in Thailand will be the least of most people's worries. Tax is doom. There's no happy side to tax. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
You are on a part pension. Do you have any advice for those on a full aged pension and living full time in Thailand? Those that are living fortnight to fortnight on their Aussie aged pension, or, are you going to say the aged pension is "savings?" -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
What about for non resident for taxation purposes? Did you research that, because that's what most Aussie expats are, non resident for taxation purposes. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Good to see you are doing something about it, and not just wishing / posting that the bad news will go away, just because it's bad news, See the words "income" and "savings?" Is an aged pension an income, yes. Is an aged pension earned from savings, no. You are the one banging on about marriage. Many people are not married. In any case, by your own admission, there will be tax to pay in Thailand, and that's all I have ever said. Please keep researching your own research to keep proving me correct. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Did you notice I said "taxed?" I didn't mention what amount. Your amount seems to conflict with other amounts posted on other threads, by other members, who have crunched some numbers. Thailand's tax is on remitted funds. They don't care about the source, or the source country. I suppose you are going to give me the "pensioners in Thailand will be up in arms about it" speech for a reason why Thailand will never do it, all the while while they are actually doing it. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Interesting times ahead in 2024. Australia may, or eventually want, their non resident tax, whilst Thailand is insisting on a resident tax. It does seem we are heading towards being double taxed for living in Thailand. An expat can escape Thailand's tax by having a holiday in a neighboring country for a week every 6 months, thus, always remaining under the 180 days, but escaping Australia's non resident tax may prove to be a lot more difficult. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Called out over what? It was a joke. Read it again, GOM. The TEAL's are doing well. They could create a movement. It would need a lot of financing. Whilst I may not agree with their policies, I would certainly consider giving them my protest vote. Now, what happened to Albo's caring and sharing government? In relation to resident / non resident / Thailand / Australia tax, I have said before the only way to dodge both taxes, would be to about 186 day in Australia, which would be less them 180 days in Thailand. If you have a look at the UK forum, you will see an interesting thread where their big banks are starting to squeeze non residents. I believe the UK also do not pass on CPI pension increases if you are outside of the UK, 2024 set to be an interesting year fr many retired non resident expats. -
I see you are even quoting yourself these days. You are probably the only person that reads your own posts.
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Here's me thinking you actually post some content sometimes, instead of trolling me all over this website.
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Does using a VPN impact online banking?
KhunHeineken replied to BananaBandit's topic in IT and Computers
Been there, done that. I paid for a dedicated IP Address only to be blocked. When I emailed the VPN company and asked how is it an IP Address, only used by me, can be blocked by a website, their answer was, basically, data center IP Address are different to residential IP Addresses. I then set up a VPN to my router in my home country and haven't had any problems. For those who can not have access to a friend's or relative's router to VPN back to, I have suggested before to look into a decentralized VPN. Basically, someone in a house rents their router and bandwidth out to you for really cheap. You can stream and surf for hours on their residential IP Address for small money. They are pay as you go, not a subscription, so perfect for the casual user. -
Australian Aged Pension
KhunHeineken replied to VOICEOVER's topic in Australia & Oceania Topics and Events
Of course I was joking. Lighten up little. Life is too short, and getting shorter by the day. On a more serious note, my whole life I have only known the Labor and Liberal Party o be in government, and I'll go to the grave only knowing those two parties to govern Australia. It's a shame there isn't a viable third party in real contention during elections to keep the other two parties honest. -
I once asked a Thai bar girl how much she charges for a "ram." I got a more honest answer from her than the website in your screenshot.
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Does using a VPN impact online banking?
KhunHeineken replied to BananaBandit's topic in IT and Computers
The problem arises when banks and other companies blacklist data center IP Addresses, mainly for geo-blocking, but sometimes for a small layer of extra security. It's not a great idea to log into your online banking on wifi at an airport or cafe for example, unless you turn on a VPN to stop a man in the middle attack, but then many companies see you using a VPN and block you. It's a real PITA sometimes. This is why I set up a VPN to my router back in my home country. It looks like I am still in my house access banking, streaming etc, but I could be anywhere in the world.