Yeah rightio

On 12/9/2023 at 5:47 PM, KhunHeineken said:

Tax File Numbers are like driving license numbers.  You get one, and it's yours for life.  

 

Most Aussie expats have lived and worked in Australia at some stage, thus, they have a TFN.  You could open a bank account and stuff all your money in that account, and not tell the bank your TFN, but all the bank does then is tax the interest at the highest marginal rate, which is something like $0.48 in the dollar, on every account where a TFN hasn't been supplied. 

 

So, how would you suggest an Australian lives, works, banks, and retires, without a TFN? 

100% correct.

FWIW; I do have an indefinite TFN exemption from the ATO.

Did you miss this part of the memo??

"Non-resident applicants or applicants who are residing overseas at the time of claim may be granted a TFN exemption and may be exempted indefinitely. An applicant and their partner who are overseas cannot generally have payments stopped for failure to provide TFN information. These applicants are normally paid by CIS. If an applicant returns, or indicates an intention to return, a review should be conducted to request TFN information."

As I have no intention to return who would instigate a review and how will they tax me without a TFN??

On 12/9/2023 at 5:47 PM, KhunHeineken said:

Multiple post delete

On 12/9/2023 at 5:47 PM, KhunHeineken said:

Multiple post delete

On 12/6/2023 at 9:41 PM, KhunHeineken said:

Eagerly awaiting "the Act" link. 

Ok it's not from the legislation but; it is from the horse's mouth so to speak......

https://community.ato.gov.au/s/question/a0J9s0000002ngF/p00172380

.....and below from DSS.

So how would you suggest they go about taxing anyone who no longer has a TFN?

Proposed legislation or much ado about nothing!!

https://guides.dss.gov.au/social-security-guide/8/1/3/20

22 hours ago, thaiscot said:

when I go to get a 1 Yr extension  of stay on my Retirement  visa ( had 1 for 2 years now ) I have used an agent in the past but would like to do it myself but use the monthly  transfer method ie 65k per month  into Thai bank with my name only

 

Question is can I transfer into my bank the 65k or over then immediately  transfer it again into myself & wife's  joint account for her to get access for monthly  living expenses  etc or is there a set time it has to stay in the account ?

 

Regards

As @lopburi3 has said; yes you can transfer into wife's name but......

It's my understanding to get an extension using the monthly method you must be able to show a full year's worth of deposits from overseas have been done, prior to your application.

Report from October 5th denied!! Printout of submission taken to office.... All good.

Seems there's a data entry requirement by IO staff and they'd put a space in passport number.

Laughs all around..... slip provided.

7 minutes ago, Tropicalevo said:

These Palestinians are the same ones that kill innocent civilian men, women and children.

And you want respect for them?

And what do you want? Respect for IDF who kill innocent civilian men women and children?

https://fb.watch/nzb63JNABt/?mibextid=Nif5oz

15 minutes ago, georgegeorgia said:

50 minutes ago, OneMoreFarang said:

About 50 people, mostly Thais, die in road accidents every day in Thailand.

Are you saying a day?

Yep....

"Thailand’s roads are the deadliest in Southeast Asia and among the worst in the world, according to the World Health Organisation. About 20,000 people die in road accidents each year, or about 56 deaths a day."

https://tdri.or.th/en/2020/11/road-accidents-biggest-health-crisis/

7 minutes ago, PJ71 said:

What on earth are you waffling on about?

 

Do the post man and post office staff open the mail?

 

It's completely different, you're giving people the authority to pen and scan your mail, postmen ( or women or binary nuetral humans ) do not do that.

How naive are you? It happens globally!! 

 Search "postman steals mail" ????

Bangkok Bank's facial recognition system for payments over Bht 50,000 had worked flawlessly for me until yesterday when the app requested an update. 

Bottom line; I will need to go to the bank to have it assessed as the scanning process now has a buffering effect going on and no longer processes the payment. 

Two separate payments to the same merchant immediately after the other is fine though. TIT

24 minutes ago, RamenRaven said:

I never drink more than one big bottle of beer. Anything more than that is too much. Absolutely not more than two beer bottles.

Your 'never' & 'absolutely' don't stand up to your own scrutiny, so I'm saying; "Except when you have three...... or four or ten.

Storm in a tea cup....

Excerpt:- "This decision, governed by Section 48 of the Revenue Code, is expected to primarily influence three groups: individuals involved in foreign stock market trading via overseas brokerages, cryptocurrency traders, and Thais who have previously utilised a tax loophole to bring foreign income into the country tax-free after holding it in an offshore account for over a year."

https://thethaiger.com/news/business/thailand-tightens-tax-rules-on-overseas-income-from-2024

23 hours ago, brianthainess said:

How long are you allowed for a 'Holiday' each year, is it up to 3 months?

This is the guide to use if questioned regarding residency during the two year period, to make winnable arguments at AAT level if required; provided you fit within the parameters.

Multiple self funded short trips are acceptable...... follow the 183 day rule!!

"When looking at the pattern and duration of time spent outside Australia, if a person regularly spends more than 6 months a year outside Australia, then their residence in Australia is questionable."

https://guides.dss.gov.au/social-security-guide/3/1/1/10

On 9/14/2023 at 9:09 AM, Kenny202 said:

I wonder how if paid direct into the bank how they exchange? I guess CL would transfer AUS$ currency and then exchanged at the banks TT rate (not the advertised rate). You could knock another 2000 baht off the 46k

I guess 

Well wonder & guess no more. Scroll down in the bottom link to see how it actually happens.......

Overseas account

If your payment goes into an overseas account, we’ll pay you in the local currency or US dollars. This depends on the country you’re in.

The Reserve Bank of Australia organises the payment conversion using the exchange rate at the time of payment. Usually the money will reach your account in 2 to 6 days.

Note:- Actual payment dates can be seen in the yearly payment calendar below

https://www.servicesaustralia.gov.au/payment-schedule-and-rates-for-people-outside-australia?context=22476#a1

You must pay any fees or bank charges to use your funds while you’re outside Australia.

Use our international bank account forms to tell us your overseas account.

https://www.servicesaustralia.gov.au/payments-while-outside-australia?context=22526#:~:text=Payments while overseas,Australian or overseas bank account.

6 hours ago, Adumbration said:

You have to have a free to marry document certified by the Australian Embassy to marry here.  So no such thing as a secret marriage.

As the freedom to marry documents expire after three months, plus the fact you can use any Amphur to marry; I think it highly unlikely the Embassy will be trawling through every one of them, looking for every application to catch anyone out. 

However, returning to Australia as a couple in any circumstances would be likely to bring on an avalanche of undesirable woes....... 

7 hours ago, Adumbration said:

OP...if you are married how can you be receiving the full aged pension?

 

 

Section 24 from Centrelink, because of wife living overseas.

1 hour ago, EVENKEEL said:

I find it interesting that 3 young ladies are grief stricken while one in the photo is unemotional.

Well only three were hanged. Perhaps she wasn't personally invested in any way.

2 hours ago, AndrewMciver said:

Hmmm very disappointing this

Why?

Is it outside of your comfort zone..... 

On 3/23/2023 at 7:02 PM, KhunHeineken said:

Of course it would be available.  It it wasn't, pensioners would be up in arms about it.  Expat pensioners are a protected species.

Wrong..... wrong and wrong again.

You’re also not eligible for an advance if you:

• are repaying one you got more than 12 months ago
• owe a debt to the Australian Government
• can’t afford to repay it within 6 months
• have less than the lowest advance amount available
• are outside Australia.

https://www.servicesaustralia.gov.au/advance-payment?context=22526

On 7/17/2023 at 3:51 AM, Nemises said:

Years ago it was always the crims who had the tattoos!

 

????p11 yesterday’s Sunday Telegraph????

 

 

 

From what I see in the pic; it's still the crims that have the tatts.

On 6/24/2023 at 1:10 PM, Lacessit said:

The poll is to determine the status of retired Australians living here. It is not intended to be judgmental of anyone, call it curiosity if you will, based on another long running thread.

Would being able to answer more than one question give a slightly different outlook, given that my choice would've been to answer both your first and last question; as outlined in my post above??

On 6/26/2023 at 12:31 PM, KhunHeineken said:

How do people in this group propose to continue to be residents for tax purposes if they haven't been back to Australia for years, given the new laws discussed in the other thread?

Don't you mean the proposed new laws or have I missed that?

Aged pensioners are allowed to leave permanently and although it's a requirement to be a resident when applying for the aged pension, if going to live overseas permanently then residency no longer applies and as Centrelink do not withhold tax from my pension I'm not obligated to put in a return. This was all confirmed to me by the ATO when I called prior to leaving, and no I don't have an ATO link, so the one below will just have to suffice.

The ATO have also negated my need to put in yearly 'Non Lodgement' forms through special dispensations they may apply to people whose only source of income is the Aged Pension as outlined in this post and the link.

https://www.etax.com.au/aged-pension/#:~:text=You don't need to,to lodge a tax return.

On 8/17/2023 at 6:24 PM, AlexRRR said:

You are meant to notifiy centrelink if your going out of the country, the pension is payed full for 6 weeks then the supplement is withdrawn while overseas, not sure when the cut date cuts in if there even is one.

Correct.... 

After 26 weeks away the pension may be reduced in line with your AWLR (Australian Working Life Residency). To continue to receive the full overseas payment you require 35 years AWLR.

The aged pension is payable permanently overseas unless you're caught by the two year rule; though after paying your penance you're free to go wherever you wish for as long as you like.

https://guides.dss.gov.au/social-security-guide/7/2/2/40

https://guides.dss.gov.au/social-security-guide/1/1/a/340#:~:text=by the changes.-,Definition,have worked or paid taxes.

https://www.yourlifechoices.com.au/centrelink/age-pension/working-life-residence-explained/