The Cyclist

So if it is not included in a tax return, how can you have the following You cannot have a tax credit or be exempt something, if you have not done anything for the tax credit to be applied to, or for the exemption to take place.

Well that requires an answer from the poster with the UK State Pension and has lready filed. I dont know how he done it, but apparently he has. Sorry, I cannot recall the posters name.

Wind your neck in. I am not lobbying for anything.

The above is not in dispute Exempt taxation is not the same as exempt reporting / filing. And Section 40 ( 1 ) contains the word pensions. The revenue code goes on to say this about income contained within DTA's to avoid double taxation. To have something exempted, or to have a tax credit awarded, suggests that you have to actually file a tax return.

That will be the £600 million question. The certainly will not be doing anything for the benefit of the UK. I hear you 😀😀😀 I think we can dismiss the link as Tory rants 😀😀😀

I dont have an answer but Section 40 ( 1 ) lists the following as assessable income. To my way of thinking a pension, is just that, a pension. It is declarable via tax filing and the following should then happen. Some Pensions are liable for Thai taxation, depending on an Individuals circumstances, but will not be subject to double taxation due to tax credit method. Some pensions are not liable to Thai taxation, because they are are only taxable in issuing Country by dint of a DTA, and will not be subject to double taxation due to the exemption method. And I have also posted the link to the Thai RD website, where this is explained. https://www.rd.go.th/english/21973.html Why would you produce on the website the exemption method, as a method of ensuring that double taxation did not occur. if there was no requirement to file ? Double taxation could not happen anyway.

Right Do you want 3 people who are currently Resident Aliens in the US, to tell you that you are talking krap ? They are all ex colleagues of mine, all with Government pensions, and they have to declare their worldwide income. I checked with them them, before I posed you the question.

C'mon professor,, show your workings. How do you turn £120 million a year into a marginal gain, when your debt repayment has just leapt by £1.5 Billion a month ?

And in the list of incomes at Section 40 ( 1 ) So a UK State Pension should be declared, a tax return filed and may be taxable in Thailand, depending on circumstances. A UK Government Pension is also a pension, should also be declared by filing a tax return, but will be exempt from any Thai taxation due to DTA.

Exemptions are not in dispute. It is also listed in the Revenue code The issue is where the assessable / not assessable for tax filing purposes comes from.

All hail Rachel from Customer Complaints. She has just struck a deal with China that is worth £600 million over the next 5 years 😀😀😀 To put that in context. The UK spends around that figure a month on our intrepid channel hoppers.

Yes, indeed.

You were just lying like a knock off Chinese watch when you were regaling me with the top educational establishments that you attended then ? Dont try and flatter yourself. You make the Tottenham Turnip look like a MENSA member.

Which is not possible. This is what happens when the Common Market ( A great idea ) Morphs into a Political and Monetary Union called the EU. I am somewhat astounded, that a person of your own, self declared, superior intellectual capacity is not capable of working that out. A good example of education does not equate to intelligence.

You would need to ask the IRS, which shouldn't be too difficult for an American ex FCA. As a Brit,I know that if I was a retiree Resident Alien of the US. I would have to file a tax return and declare my Government Pension, even though it is only taxable in the UK. The clue is in the term " Declare worldwide income " You are coming across as the previous lunatic tax expert ( with a different user name ) that argued the toss with me that I could get an NT tax code for my Government Pension.

Funny how so many people cannot grasp that concept. Or perhaps its more a case of not wanting to grasp that concept. Under the DTA section of the RC, it lists 2 methods of how people will not be double taxed. 1. The exemption method. 2. The tax credit method. It does not take the brains of an Arch Bishop to work out what sources of income is being referred to in DTA's. Neither does it take the brains of an Arch Bishop to work out that you would need to file a tax return for either method to then be applied to your tax filing. Assessable / non assessable income, I believe are terms that apply to Thai domestic tax policy, ie, people who work and pay tax in Thailand. Nowhere, have I seen, written down, that these terms apply to income remitted from overseas.

I see your confusion, I didn't mention Thai Citizens. I did say retiree, Resident Aliens. Regardless of Nationality, has to file a tax return on their worldwide income is the important part. So why should Thailand be any different ? And then the following can be applied Although they have to be declared. Yet, you appear to have an issue with Thailand doing exactly the same.

The BBC had no issues calling the gang convicted a couple of days ago, photo above, Albanian. Wonder why they never called them Eastern Europeans 😀😀

You cannot see the difference ? Did you manage to get an answer on yesterday's question on Retiree Alien Residents n the US ( the equivalent of Retiree Thai Tax Residents ) and whether they would have to file a tax declaration in the US ? Why do you think Thailand should be any different ?

Flip the coin back over. Where does it say anywhere, that income only taxable in Country X,Y or Z on a DTA is. 1. Non - Assessable for tax purposes in Thailand for Thai Tax Residents ? The above from the RD website seems to suggest " Exempt from taxation " no mention of it being non assessable for tax purposes or even, exempt from tax filing in the case of Thai Tax Residents.

No I am led to believe that the vast majority of these have been identified as Pakistani / Pakistani heritage These ones are from Albanian Heitage Not many white faces in these convicted Grooming / Rape gangs

Nope https://www.statista.com/statistics/306720/cpi-rate-forecast-uk/ Fairly stable and reached a high of about 2.4% between 2016 - 20, despite Brexit. High inflation 2022 - 23 caused by Covid / Ukraine.

Since the 60's the UK annual growth probably averages about 2 - 2.5 % With the exception of 2009 and 2020 where it plunged and a couple of years where it exceeded 2 -2.5%. Most years Q1 & 2 growth is good and tails off. The difference in 2025 is that there will be no strong Q1 & 2 GDP growth, if any. When the tax changes kick in, in April, all bets are off.

Covid and Ukraine were the biggest drivers in UK inflation

Well if the BoE target is 2% then 14 years accumulated would be 28%. So given 3 massive events, an accumulated total of 40% is rather good going.