
The Cyclist
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I never answered on anyone behalf. I quoted your post and responded, from me, directly to you. Rant ? Why would I want to rant about something that was obvious to anyone with more than one functioning brain cell. You want me to go back to the last Labour cluster. 1 Raiding pension funds twice. 2. Selling off just over half the Gold reserves. 3. PFI on steroids, that wont be paid off until 2050. The NHS being hit the most by it. 4. Missed the banking crisis. I'm struggling to see anything that Labour can crow about. Perhaps go back to the 70's Power blackouts 3 day weeks Sky high inflation Sky high Interest rates. Still struggling to find anything to crow about from a Labour perspective. Perhaps you could enlighten me to some of the good things that Labour have achieved ?
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I dont think Carl Turner is expressing anything that is earth shattering news. 180 days or more in a Thai tax year, you are a Thai Resident for tax purposes. The revenue code lays out 60 / 120 / 220k baht as the filing thresholds, depending on the income and whether you file as an individual or a couple. I personally, do not know anyone who remits money below these limits, but there could be some that do. The issue that I am raising, is that for Thailand to comply with its reporting citeria under CRS in the detection and prevention of tax avoidance / evasion. Then foreigners will have to Report / Declare remitted incomes, to ensure that the appropriate taxes have been paid that are applicable. And certainly the UK - Thai DTA does not say that Gov Pensions are not Reportable / Declarable.
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I'm not sure I am getting your point. The UK - Thai DTA does not mention the word exempt. It says " Taxable only in that State " That might be semantics, but does not negate any of these 3 points But the principle of, what happened in the past might not happen in the future, also applies. The end result will be the same, only taxable in X Country, but that makes no difference to complying with a Countries ( In this case Thailand ) domestic tax law as a tax resident of Thailand.
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Shall we start with the £12 Billion to Africa for Climate Change crap. Or how about the £20 Billion in Carbon Capture crap. Or how about the £8 Billion for Millibands " Mission Control " on energy, which will be a white elephant choking the tax payers for years to come. Not bad going in 6 months, especially when they have howled long and loud about inheriting a £22 Billion black hole. And lets not leave out the pungent Rachel from Customer Services https://www.theguardian.com/business/2025/jan/07/uk-long-term-borrowing-costs-at-highest-since-1998-amid-fears-over-weak-growth GDP Growth sinking Borrowing costs up Inflation ticking up Unemployment ticking up, although the worst is yet to come Thats just 6 months in Government. You think its going to get better.
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I was mulling this over with a mate last night, again. The UK - Thai DTA explicitly states that UK Gov Pensions are only taxable in the UK. Quite simple and easy to understand. What the UK - Thai DTA does not state, is. 1. You are exempt from Reporting / Declaring that pension. 2. You are exempt from Thai tax Law should you become a tax resident of Thailand. 3. This Pension is non - Assessable for tax purposes in Thailand. Add into the mix, that this Agreement was signed in 1982 and in the last 18 months or so, Thailand has adopted CRS, and issued the 2 POR's. Therefore it is perfectly feasible that a Gov Pension is Reportable / Declarable for tax purposes, but is exempt from Thai Tax due to DTA. Which is why I was back at the RD Office on Monday. There will be very few, if any, that retired from Government Service with a full pension that is below the levels of UK taxation. Unless they went in at the lowest level, and stayed there for the next 25 / 30 / 40 years.
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YouGov Complex Start to Labour’s New Era in 2025 Public Opinion
The Cyclist replied to Social Media's topic in World News
https://www.theguardian.com/business/2025/jan/07/uk-retailers-cut-jobs-christmas-sales-growth-card-spending Absolutely no-one saw that 1. Raising Employer NI contributions 2. Lowering the NI threshold from £9000 to £5000 would lead to people getting laid off. -
Starmer Condemns 'Lies and Misinformation' Over Child Sexual Abuse
The Cyclist replied to Social Media's topic in World News
I'll pull a Starmer here. " Let me be clear " The Jay report was published in 2022. Which focused on Rotherham. Braverman set up a Taskforce after the publication of the Jay Report. That Taskforce has arrested 550 Individuals in relation to grooming gangs since it was set up. Starmer howling " Far Right " makes him look like the idiot he is- 131 replies
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Teen Gang Raid London Apple Store Amid Shopper Chaos
The Cyclist replied to Social Media's topic in World News
Speaking the truth is not Brit Bashing. Many parts are currently floating in the bowl, other parts are already down past the S bend. -
I'm not sure what point you are trying to make. Are you a bit vexxed that I can get up my arse and go and try and find out things for myself ? And below is the important part. At the moment there is nothing working out, either good or bad for me. So take your sniping from the sidelines and enjoy your life.
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If we ignore our American contingent for the moment, who have FATCA operating for a good number of years. Non Americans, especially Western Countries, have had no such system in place. From March 2023, Thailand has adopted CRS, which is the OECD equivalent of FATCA. And whilst the information is sketchy at best, sometimes confusing. I still hold the belief that the reporting under CRS by Financial Instutions, including tax department, will require expats in Thailand from CRS member Countries to report remittances into Thailand. The Revenue Department being the obvious choice to do this. Otherwise it makes a mockery of the core aim of CRS, which is to detect and deter, tax avoidance / evasion. I think the whole thing has been badly worded, badly implimented, and confusion still reigns supreme because it was badly worded and badly implimented.
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Let me try and put this in chronological order. Feb 2024 went to small Revenue Office. 2023 Tax resident, no Thai TIN and never filed a tax return in Thailand. In 2023 my remitted income came from 2 Pensions. 1 x Gov Pension not taxable, 1 x Private Pension, on which I would have owed some tax money.. I was told no need to file anything. 2024 Tax year I only remitted my Gov Pension. Yesterday I went to the big tax office as it is next door to the car testing place. When in Rome, kill 2 birds with the 1 stone. I asked the question if I needed to file anything as I was tax resident in 2024 and had remitted a Gov Pension that is not taxable in Thailand due to to Thai DTA. She said yes, and I asked her if she could show me what I need to do. She went back to her desk and printed off a PND 91 and came back to the table where I was sitting. She added up my annual remittances and placed the figure in box 1 - I'm with her so far. 1. She then started talking deductions and put 100,000 in box 4 as Pension deduction 2. Then puts 60,000 in box 6 as personal deduction At this stage I'm curious, but cannot really say anything as I'm a virgin on Thai Tax offices or how they work. 3. She then starts a mental tax calculation and puts in box 13. I now have the feeling that she has not grasped the concept that my income is non taxable and ask her what is the point of adding deduction and the tax magic when they make no difference to anything. As I said this could be how they work and I had no prior knowledge to base anything. So a bit of a conversation ensues and whether the lights came on and she finally grasped it, or she now wanted rid of me I have no way of knowing. She then put the total figure in box 1 into box 2 and a 0 in boxes 17, 19 & 20. She did insist that I had to file, but told me I could file at the small office, that I went to in Feb 2024, rather than the big Office. Am I any the wiser after yesterday's trip. The answer is no. I'll wait until an updated PND 91 makes an appearance and see if it has a section for exempt income before making any other decisions. Just for anyone that might be confused by my actions. I couldn't really care less whether I have to file or don't have to file. I'm just trying to get a definitive answer, that keeps me on the right side of the Thai tax man.
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Scientists Identify 1831’s Mystery Volcano That Cooled the Earth
The Cyclist replied to Social Media's topic in World News
The so called climate change denialists are not denying climate change, they are denying what is causing climate change. That is why there are 6 documented Glacial and Inter-Glacial periods And from the article at the top of the page, a mini ice age lasting from A Glacial period lasting 250 years. We are currently in an Inter-glacial period.