
KhunHeineken
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Everything posted by KhunHeineken
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Under the current laws tell no government department anything. If ever asked by the ATO or your bank, you tell them you are still "domiciled" in Australia and just on a long holiday. The ATO can't prove otherwise. That's why many, including myself, have never paid a cent of non resident tax. That's it. Simple. So, you may as well ask a Mod to close the thread. Now, should we find out next week the proposed changes start on the 1st July 2025, well, how but we keep this thread open, just for old times sake. Look over in the Property and Finance Forum how many threads there are on Thailand now enforcing remittance tax, and possibly world wide income. Aussies will soon be faced with 183 days, in a similar way to Thailand's 180 days, but hey, let's just live in the here and now.
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True, but if transferring the money to an overseas account in their own name, it doesn't take the bank long to figure out their "customer" could be overseas, thus triggering their contact where the customer has to "declare" their tax resident status, which comes with penalties for making a false declaration. I've had this a few times, from two different banks.
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Correct, so what does this tell you? Immigration inform Centerlink of Aussies going overseas, and if you are pensioner, 6 weeks later you lose some of the pension. What's stopping the same system for 30% non resident tax after 183 days. Keeping in mind. the pension is deemed an income, and is taxable.
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Many don't tell Centerlink they are going to be outside of Australia, and 6 weeks later they receive less money. They ring Centerlink where a staff member tells them "it's because you are overseas" despite the pensioner non volunteering this information. Now how did Centerlink know this? Why couldn't / wouldn't the same be done for 30% non resident tax after 183 days outside of Australia????
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No, not scaremongering, just discussing proposed Australia's changes to resident tax enforcement, much the same as many are discussing Thailand's decision to start enforcing remittance tax. That's because currently just about everyone leaving Australia can claim they are still "domiciled" in Australia, and just on a "long holiday" thus still a tax resident. The ATO can pick one out of the herd and put the heat on them, but if they have maintained a "domicile" (property) and a bank account, drivers license, club memberships, utility bilsl, community ties etc, they can argue they have every intention of returning to Australia, therefore, they are still a resident for tax purposes. Assessing such information is complex and labor intensive, and can be appealed, because how can the ATO prove one's state of mind, that is, their "intention" or otherwise, to return, or not return? So, they make the "primary test" or "bright line test" 183 days. No ifs, not buts, no reviews, no appeals. Outside of Australia 183 days, you are a non resident for tax purposes, even if you really do have an intention of returning, and are actually on a genuine "long holiday of 12 months. After the proposed changes are passed, Immigration will send the ATO a list, on a daily basis, of the details of Aussies outside of a Australia for 183 days, and you can expect contact from the ATO, or, a "please explain" at tax time, coupled with a non resident tax bill, and what argument will you be able to mount against paying that bill? Or, many individuals. Computer data bases do all the heavy lifting. That's the way it is now, but in my opinion, that will not be the case after the proposed changes are passed. The physical presence and time based model relies on immigration records. No point immigration collecting such data if they do not hand it on to the ATO. Correct, that's why their supplements are cut off, automatically, after 6 weeks, even though people don't tell Centerlink they are going overseas. Now, why will not / can not the same system be in place to enforce non resident tax, except it's after 183 days, not 6 weeks? It's just a tweak of the computer programing and the pension payment after being outside of Australia for 183 days is 30% less, just in the same way the pension payment after being outside of Australia for 6 weeks is less because the supplements are withheld? Please tell me you have some information / advice other than, "the government would never do that." Remember, non resident tax is a tax thousands of expats all around the world should have been paying for decades, including myself. It's the loopholes in the current 90 year old laws that have seen practically none of us pay it, hence, the proposed changes. As I have said before, when the payer, Centerlink, and the taxer, the ATO, are both government departments, they control, through legislation, how much money you get. I just can't see immigration telling Centerlink that Aussie pensioner John Smith has been outside of Australia for 183 days, thus a non resident for tax purposes, and Centerlink doing nothing, particularly as Centerlink automatically cut off the supplements after 6 weeks. As for those who are self funded, Immigration inform the ATO that Bill Blogs has been outside of Australia for 183 days, and come tax time the ATO contact Bill Blogs that he has been deemed a non resident for tax purposes, thus will be taxed at 30% from $0. If not for the above, what is the purpose of the proposed changes?
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As I have said on numerous occasions, your typical Aussie expat retiree has not been back to Australia for several years. I would put this demographic in the majority. Would you agree? Many return back to Australia for a few weeks, perhaps for a major family even like a wedding, birth, funeral etc, but how many do you know return home for 6 week (45 days) every year, or even within the last 3 years? Yes, so do you have any advice for them? How can they remain a tax resident of Australia, to avail themselves of the resident tax brackets, particularly the tax free threshold? The current 90 year old laws will be superseded eventually, as they are no longer fit for purpose. They will be replaced by a physical presence and time based model, similar to many other countries, including Thailand, for that matter. Immigration records will know what Aussies are outside of Australia, and for how long. The pension is an income. The pension is taxable. Centerlink, a government department, pays it, therefore can withhold some of it, in a similar way they do the supplements after being outside of Australia for 6 weeks. How could an expat pensioner, who hasn't been back to Australia in several years, claim they are still a resident of Australia for tax purposes, thus still receive their tax free pension, whilst living in Thailand full time? I agree, but as I pointed out, the consultation stage saw expat associations etc lobby the government to make it more than 45 days, possibly 60, but most likely 90 days similar to other countries. How many expats could do 3 months in Australia every 3 years?
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Aus Mobile Phone Provider
KhunHeineken replied to StevieAus's topic in Australia & Oceania Topics and Events
Already posted. How much does Local Phone charge for 13, 1300, and 1800 numbers? -
Why would they "drop it" when they have farang by the b*lls to pay "something?" When I say "something" I mean it may not necessarily be an individual's correct amount of tax, but "something." The law has been there for years. They have done nothing about it for years. In 2024 they have decided to pull the trigger. Why would they "drop it quietly" in 2025? As I have said, they may just make most of us pay 1000 baht for some BS document or stamp. That's all it may be, but "drop it quietly" I don't think so, particularly as it was announced, would cause a loss of "face" and is an easy earner, legit or otherwise.
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OP, when are you actually visiting Thailand again?
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Except for the part about the Immigration Department knowing you've been outside Australia for 183 days, and being a government department, they alert other government departments to this fact, like the ATO and Centerlink. Once again, you, and many others, would like to think your pension will be treated the same, in regards to taxation, as if you were living in Australia, even though you are living in Thailand. There are resident tax brackets and non resident tax brackets. I have posted them both, on more than one occasion. You want the resident tax brackets, with its tax free threshold, whilst living in Thailand, and being a non resident for taxation purposes. How do you think you can pull that off, after the proposed changes have been passed???? As I have said before, the payer (Centerlink) is also the taxer (ATO) backed up by records fro Immigration, because they are all Australian government departments. How are you going to get around this?
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Taxation of foreighners in S/E Asia?
KhunHeineken replied to swissie's topic in Jobs, Economy, Banking, Business, Investments
Yes, and the price for expats to stay in Thailand has just gone up. If you re prepared to pay, then stay. If you are not prepared to pay, then stay less than 180 days per calendar year, or leave. Expats have no rights here. That retirement visa / extension is nothing more than a 1 year tourist visa. The Thai's say "jump" and you either ask "how high" or look for greener pastures. Simple. -
Suggestions for a new, not to expensive, laptop for retiree.
KhunHeineken replied to khaepmu's topic in IT and Computers
Can you post some information about your old, or current laptop. That way, members can gauge what you may call "pricey." -
Aus Mobile Phone Provider
KhunHeineken replied to StevieAus's topic in Australia & Oceania Topics and Events
No problem. He can't even post what they charge for 13, 1300 and 1800 numbers. Grain of salt. -
Aus Mobile Phone Provider
KhunHeineken replied to StevieAus's topic in Australia & Oceania Topics and Events
Skype's the way to go. Buy $10AUD, get $10AUD. Local Phone in USD is an unknown price. -
In the past, I've done all the things you have suggested. I even paid for a dedicated VPN, but the website knew it was from a data center, so blacklisted anyway. Never bothered with the extra expense of a dedicated VPN since, because it didn't work. The websites are nothing special. Main website is Foxtel for the sport. Yes, I do have a solution that works, but your post may be a little misleading to newbies starting out with VPN's to get around geoblocking. It's not as simple as just paying for a VPN with a "good" company. Commercial VPN IP address do get blacklisted. You never said what / who / how you are getting around geoblocking.
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Taxation of foreighners in S/E Asia?
KhunHeineken replied to swissie's topic in Jobs, Economy, Banking, Business, Investments
Here's a list of Thailand's 50 wealthiest people. I'm pretty sure they pay more VAT than about 99.9% of expats, INDIVIDUALLY, of course. https://www.forbes.com/lists/thailand-billionaires/ -
Taxation of foreighners in S/E Asia?
KhunHeineken replied to swissie's topic in Jobs, Economy, Banking, Business, Investments
I've always used an agent, so no bother for me. My 800k earns more back in my home country than what the agent charges, so why would I bother having 800k baht in a 3rd World Country? Same with buying a condo here. For the price of a condo in my building, the exact same money back in my home country earns more than the rent I pay each month. Why would you put any money into Thailand, especially when they offer no reasonable pathway to permanent residency? -
Taxation of foreighners in S/E Asia?
KhunHeineken replied to swissie's topic in Jobs, Economy, Banking, Business, Investments
I disagree. All the Thai government announcements are generated by the desire for MONEY. No, many are just connected and corrupt. True, and that "real thing" is coming for your money. -
Taxation of foreighners in S/E Asia?
KhunHeineken replied to swissie's topic in Jobs, Economy, Banking, Business, Investments
I agree. My home country, Australia, has proposed similar changes to their current 90 year old tax residency laws. Change to tax residency laws, globally, is inevitable. As you mentioned, "TIT." Thailand is a very politicalyl unstable country. Just look at what's happened this week. On that basis, everything and anything is a possibility for farang here, when it comes to residing here. That could be anything from this tax, to the 800k seed money jumping up to 1.2 million, and the 65k jumping up to 80k next year. Personally, I am surprised both have stayed at 800k and 65k for as long as they have. As you point out, such an increase would ensure a more wealthy expat living here, or push people onto agents. Eeither way, it's a win win for Thailand / agents in baht. I accept all opinions regarding this tax, but as I have said, for those who think it will just all go away and nothing will happen in 2025, I'm not onboard. Just too much easy farang money sitting there, and they know farang expat retirees will pay, because they are too heavily invested in Thailand to walk away.