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Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
I have a Scandinavian relative and he knows one of those blokes that have done that - they are in Hua Hin. I tried looking for the post one of them about it last year and why he pays income taxes in Thailand and not back home - could not find it. If you did not know the taxes most scandinavians pay omn their 'retirement savings/super' is extremely high - in fact it is higher if you live overseas, than if you live in the home country. Their system is very much more complicated than the Aust system - it is run by their Government so need I say more. Yes Australian Account Based Super Funds' earnings are not taxed. But Accumulation Phase Super Fund's earnings are taxed - at 15%. Converting from Accumulation Phase to Account Based when a person retires and then receiving regular "Pension Payments" has a few ATO and CLink 'issues' (gotchas) and now doing that also has potential Thailand taxation issues too. The former issue is why I remained in the Accumulation Phase and the latter issue is another positive for having made that decision. I can stay in Accumulation Phase until I turn 75 - for the time being I will withdraw irregular payments fromk my Super account as and when I need them. Yes that spreadsheet is OK - I have made one of my own and have calculated that I paid more taxes in Aust on my Super 'earnings' last year than I would had to pay in Thailand - but the difference is not a lot so going forward so I will stay paying taxes on Super earnings/growth in Australia. Having said that, my read of the TRD Guidlines is that growth in a mutual trust fund is not 'taxable income'. However, that is obviously for mutual trust funds in Thailand and not specifically for Super mutal trust funds in Australia - they could be said to be the same thing - but I will stay away from lodging a tax return to find that out. -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
Good riddance - we are all far better off on this topic sharing our opinions. I have met a few dipsticks in my time and what is very much a constant with them is that they immediately abuse anyone that dares disagree or criticise what they state - and they never defend their stated position. -
Foreigner Questions Thai Dowry: Netizens Respond
TroubleandGrumpy replied to webfact's topic in Thailand News
No - not the same. After a short period of time (1 year) in the west the wife is entitled to claim up to half of the husband's assets. In the west, after 2-3 years it is very much a given that she will get at least half the husband's assets - whether they were acquired by him before the marriage started or not. In Thailand what is the husband's prior to the marriage is his, if the marriage breaks down. Regards custody of kids and child support, you are correct - but she does not automatically get half of the assets - only half of what they have both accumulated since they got married (perhaps you mean that when using the words 'marital assets'). In Thailand the marriage laws are very much 'designed' to keep the couple together, in the west the marriage laws are very much designed for the women to get as much as possible from the man. They were not always designed that way, but a*ole men who deserted them and kids, and men hating feminists,caused the changes that we made - but they went too far - way too far. Now in the west you have a*ole women screwing blokes over - the exact opposite of the reason why the marriage laws were changed. -
Foreigner Questions Thai Dowry: Netizens Respond
TroubleandGrumpy replied to webfact's topic in Thailand News
Yes mate - crazy biased divorce laws are why many of us left the western BS behind. I recall one debate I had with a feminist about Greg Norman (Aussie Golfer) going through a divorce and whose wife was demanding half of everything he had earned at golf and business ($millions). I pointed out the clearly logical and rational point that Greg's wife had done nothing more than any normal wife (not a golf coach or business expert) - why should she get half of his $millions. When I got all the usualy khrapp back about supporting and enabling Greg to achieve in life etc etc., I pointed out that Alan Bond was sentenced to jail for his corruption that netted him $millions, but his wife was not punished - why not??!! She had enabled and supported him !!! If looks could kill I would not be typing this right now. Western women are so full of BS they think they are entitled to all the upsides of a man but none of his downsides - the divorce system here is far more reasonable and fair. -
womens Final Four
TroubleandGrumpy replied to charleskerins's topic in US & Canada Topics and Events
very hard to watch women's basketball - both because not many want to watch it, and because it is so bad. -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
I know of a few people in the same position as yourself - paying taxes on their Aust Govt pension payments. That is taxed now only because the contributions made into that Govt super fund were given additional taxation benefits and done at a much higher rate. Other Super funds did not have those same taxation benefits, and that is why payments from them are not considered by the ATO as taxable income. I would get the latest information regarding paying income taxes in Thailand, inluding all the deductions and allowances applicable to yourself, and calulate exactly how much tax you would pay in Thailand versus in Australia. I have heard there are a few Scandinavians in Thailand who are getting their 'retirement' payments sent direct to their banks in Thailand, because Thailand taxes them a lot less than their home country does. But it means going through the process of dealing with the home country tax office (ATO for you) to set things up in that way - once done the ATO will stop taxing your Pension payments - but I dont think it will be easy. -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
We clearly have different opinions about whether it is taxable in Thailand. Hopewfully our discussions on the matter will give members what they need to make their own decision/s. Looking forward to your post with link/proof it is taxable. PS - anything from a tax accountant stating it is taxable is not worth the paper it is printed on - they are after your business and will and do say anything - there are SFA consumer laws here, and the TRD does not manage taxation 'experts' like the ATO and Consumer Affairs and Financial Advisers Ombudsman does in Australia. I agree 100% with your second paragraph, but I will point out that unlike the TAT and Thai Immigration, TRD do not care one bit about Expats leaving Thailand - that is not their issue and they will not take that issue into account (unless told to back down). -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
You sound like someone else mate - argumentative and never wrong (enlighten me/us). Please read my latest post vefore this and then please read the TRD Guidlines for 2022 and the Australian Thai DTA - all of them. Then and only then will you see what I have seen which make it IMO not taxable. PS - also look up the Thai definition of the word Pension. You are one of the many that have stated that the pension is taxable - please provide where it states clearly that the Pension is subject to income taxes in Thailand. Please post everything you have - so I can refute/correct it all in one go. Year 2022 | The Revenue Department (English Site) (rd.go.th) australia : article 1-5 | The Revenue Department (English Site) (rd.go.th) -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
IMO the Australian Pension is NOT subject to income taxes in Thailand. There are several reasons for that opinion. Taxation is an extremely complicated and 'difficult' area - in Aust we are extremely lucky to have the ATO - they are IMO the best in the world (I worked in IT in Canberra for 20+ years). Often this tax rule states this, and that rule states that, and both are in conflict, and another one says another thing altogether. Over many years those rules and situations are rigorously 'fine tuned' and publicised and the tax experts and public are 'educated'. ATO has over the last 3-4 decades done a great job in doing that - the TRD are a total clusterphaarrk of disjointed and conflicting arbitrary rules and interpretations. Most TRD clarifications come from Court cases - they are not rigorously removing conflicts, confusions. ommissions and errors. The issue with your question starts with being a tax resident in Thailand and/or a tax resident in Australia. I am both at the moment, and if you pay taxes in Australia (which you have already on any earnings/super etc) you probably are one too. That is a huge issue and grwatly affects income taxation in any other country. The secondary issue of whether a Govt Pension is taxable in Thailand is confusing, but IMO TRD does not consider a Government Pension (in their Taxation Rules) as taxable - but it is very much (like everything to do with TRD) open to interpretation. A 'Pension' in the TRD guidelines is any regular payment made to a person - some Companies pay a person a 'Pension' over many years in return for their service - that is taxable. The next level is whether under the DTA the Aust Govt Pension is taxable. There are many clauses and interpretations possible - mine is that it is not taxanble in Thailand. If this matter ever goes to a Thai Court for a decision - then and only then will it be clear. But even that will be subjected to 'correction' - I just cannot see the Aust Taxpayer (and therefore Govt) being happy to pay their taxes straight to the Thai Government for every person on a Penbsion and residing in Thailand for 180+ days each year. There are more complications than those above that I have only just touched on - this could go on for hours. IMO the ASust Govt Pension is not taxable. Having said that, I know one of the 'confusing' facts that has IMO caused the misinterpretation that the Pension is taxable. In Australia, the Pension (like most CLink payments) is considered 'taxable income' - but as you know it is not taxed - it is subjected to and then exempted from tax by the ATO. When a person recieves the Pension they are 'deemed' to have a taxable income that is above the tax free threshold, then if they earn money from another source, then that income is 100% subject to payment of income taxes, because it is above the tax free threshold. I think some people have confused the Pension being taxable income with being taxable in Thailand. IMO the Aust Govt under the DTA does not want its taxpayer's money being paid to the Thailand Government, and the DTA does not clearly state that the Govt Pension is taxable in Thailand. Now what TRD might think about that is unknown (they dont make the DTAs) and IMO is best left alone like a sleeping dog. IMO all Expats should avoid lodging a tax return in Thailand unless they are clearly earning income overseas (real income, not Pension) and are bringing that income into Thailand untaxed. If, like me, you dont think you have to pay income taxes in Thailand, then keep records of all payments in Australia, all transfers to Thailand, and all deposits in Thailand, and write down the reasons why you think you are not liable for income taxes (keep a file each year). Then if I am wrong (could be - doubt it - but could be) and the TRD comes knocking asking why you have not lodged a tax return, then and only then, go see a tax expert/consultant and get formal advice. If you see one now, IMO they will say "yes yes pay us money and we do a tax return for you' now and every year going forward. If you want to play it completely safe, then go see one towards the end of this year - when things will hopefully be clearer. In Thailand it can take many years to resolve the simplest of issues (criminal cases, maryjane laws, covid mandates, etc etc) - IMO this new 'tax regime' will take 2-3 years to sort itself out - best to stay quiet until then. All Thailand has to do is release a statement (like Malysia and Philippines have done and others?) making it clear that they have no intention of taxing Retired Expats who bring their own money into Thailand under their implementation of the required OECD CRS driven tax laws, designed to reduce money laundering and tax fraud. That Thailand has not yet done that despite the clearly concerned Expats (and poptential Expats) could mean they do want our money, but more likely it is because they are dont know what to do and how to do it (and refuse to look, listen and learn from their neighbours). -
Scotland's controversial new hate crime laws come into force
TroubleandGrumpy replied to Social Media's topic in World News
My only comment is that if you still believe that Hitlers Government in Germany was far-right, you have not taken a close and rational and logical look at what is happening all around the world, and you are (still?) believing the ledft wing media. Left wing Governments are the ones that imposed the most draconian and harshest rules during Covid and they were all in favour of the removal of people's rights. Left wing Governments all over the world are becomming more and more draconian in their imposition of Laws to force the People to 'comply' with their centralised ideologies. China is not far-right. Nth Korea is not far-right. Russia is not far right. Muslim countries are not far right. What is happening in Scotland is the reality of a left-wing Government - they just get worse and worse over time. Hitler's Party was named the National Socialist German Workers Party - they were yuet another variation of the far-left. There is only one thing that is the clear and absolute differentiater of left-wing from right-wing Goverments - and that is People's rights and freedoms. Whether those 'rights' come from a God or from a Constitution or from Both - the right wing political parties are very much in favour of giving People rights and freedoms. Left wing political parties are in favour of centralised committees making the rules, and that always results in the removal of People's rights and freedoms, when they conflict with their own ideologies. The political world is turning back to the right because more and more People are realising what is what and who is who. Maybe the reality of what is happening in Scotland will make more People realise the truth. -
Australian OAP Taxation Issues.
TroubleandGrumpy replied to Will27's topic in Australia & Oceania Topics and Events
I just found this thread - please Mods could you please pin this thread to the start page - like most I only looked at the first page for whats new. @4MyEgo My understanding is that your statement above is incorrect for the majority of Aussie Pensioners living in Thailand. The Aust Age Pension IMO is not taxable in Thailand - the story is not ended. I know one website stated that it is taxable - but that is an opinion given by a staffer in that company who wrote the piece and it is not based on facts. The matter has not been tested in a Court or Tribunal. I have been seeking feedback and opinion from ATO, but I have received no reply. Unfortunately we are about to leave for golf and I have not had a chance to read all the posts - perhaps someone else has already pushed back on this issue. I will do that when we get back later today (after a snooze). Suffice to say now that if you read the DTA in full, there are many reasons/exemptions why most Aussies are not liable to pay income tax to Thailand on their Aust Pension payments. -
It comes from the TRD website - 030265guide91.pdf (rd.go.th) There is also one for the 2022 year on the TRD website - it says PDF buy it is actually a Word doc. - https://www.rd.go.th/fileadmin/download/english_form/2022/GUIDE_90_65_Complete.docx TRD have also created a 2023 list of linked documents. - Year 2023 | The Revenue Department (English Site) (rd.go.th)
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Being pressured to pay off wife's mother's large debt.
TroubleandGrumpy replied to Aust24R's topic in Family and Children
Good point - I missed that - my bad. OP - take the offer and get a divorce - she may in fact recognise that as the only way for you to 'escape' from the financial demands from her Mother. Either that or migrate with her to another country (she may want to escape as well). Girls in Thailand are extremely under the control of their Mothers - they are totally and utterly under their control - way way more than girls in the west - it is just the way it is here - if the Mother is bad she will force her daughters to do things they might not otherwise do. -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
Yes indeed - Thais are very 'complaint' in general - they are very much more about 'social harmony' than its neighbours are. -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
get a life mate - insulting and arguing with other expats is not healthy (and makes you look like an idiot troll) -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
Clearly goat is a troll - deliberately provoking other members with negative insulting comments. -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
Indeed - thinking critically means being critical and that is not allowed in Thailand and most SEAsian countries -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
You need to read my post again - the only ones I called idiots are the Thai govt authority person making this statement. Over sensitive? -
Thai Officials Announce "Innovative" Expat Health Measure
TroubleandGrumpy replied to webfact's topic in Thailand News
7 pages in a few hours - wow - touchy touchy over-sensitives (and stirrers having a laugh) me thinks. Thailand is rife with idiots in authority making idiotic over-reaching statements to get into the media - just look at the PM. Dont take them seriously is my advice and have a good laugh at them - that is what the Thais do (they just do it very quietly). Thailand is the Global Hub of idiotic Government ideas that are published in the media (because criticising what is said by a Government authority person will get the Editor sued for defamation).