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The Cyclist

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Everything posted by The Cyclist

  1. That is the new pension. I believe it applies to people on the old pension who also have the SERPS 2 or whatever it was called.
  2. The 10.1% increase in April 2023 and the ( as yet undecided, either 8.5% or 7.9% in April 2024 ) will put many State Pensioners over the £12,570 tax threshold.
  3. DTA's aside. In the UK, there are many different Pensions that will always be taxed in the UK, regardless of where in the World you decide to live / retire to. If you only have a single UK based pension then you get the first £12,570 ( Bahtt 550,000 ) tax free, before you start incurring UK tax. Not as simple as reading the appropriate DTA.
  4. Steal and hide the keys until your friend sobers up or you talk some sense into him.
  5. Was going to suggest heading down to the Mercedes dealer and checking out the new Merc EV, it is stunning. But I then seen your location as Pattaya.
  6. As of today, it is effective as of the 01 Jan 2024. It is not legislation that is being changed, only the interpretation of the legislation. Whoch are 2 different things. Sure, it might well be delayed, but the sensible thing would be to work on the 01 Jan 2024 and treat any delay as a bonus.
  7. The poster that you quote, has apparently had emails from 2 tax experts confirming his doom & gloom. Sadly, said poster refrained from publishing these emails when asked to do so.
  8. I never said they would be, I specifically said Because Prevention being better than trying to cure, is for winners.
  9. Effective from the 01 Jan 2024. The sensible thing to do is only remit money to Thailand after the 01 Jan 2024 which is covered by a DTA or you can easily prove that it has been taxed in the UK Remitting grey area money after 01 Jan 2024 is only asking to be potentially caught up in a whole world of pain with the Thai taxman. Why would anyone want to risk that ?
  10. I am a sad person for not buying into your doom & gloom opinion ? I think that says more about you, than it does about me.
  11. Is the 393 not each way giving a total of 787
  12. Give them to the LHG to clean 99% of the time my morning routine does not change, wake up, coffee, give birth, shower and shave = No skid marks.
  13. Go commando Let the dangly bits dangle and save money at the same time.
  14. Nothing selective about it. It is information on the current rules for filing a tax return. We are all aware that that the rules for taxation of remitted income are changing from the 01 Jan 2024, but I haven't seen or heard anything, and neither has the supplier of said information, heard anything about the rules for filing a tax return on income remitted that is covered by a DTA is changing. If you have information that the rules for filing a tax return are also changing, specifically for income that is covered by a DTA, it would be pertinent, and also very helpful to other readers to post that information. If you do not have information that the current rules for filing are changing, then, yet again, you are fear mongering. You should change your username to DoomandGloom and book your outward travel. Try doing something constructive instead of posting 100's of unfounded negative comments, like packing, selling, and moving to wherever it is you plan to flee to.
  15. I will refer you to @Sheryl post above. I don't think immigration is anything to do with taxation, and to suggest otherwise is nothing but scaremongering.
  16. This is correct. Thank you. I actually had no idea what the current rules for filing were. So unless something changes I wasted about 2 minutes on google finding my nearest tax office
  17. I have done 1 - I have stopped my Private Pension being remitted to Thailand after December. 2 - I have googled the location of the nearest Tax Office ( In case I have to go get a TIN ) Other than that I will be doing nothing
  18. #metoo Not stressing - Laughing at the nonsense being posted
  19. I think these 2 sentences highlight the source of all the ire and confusion. 1 I have never filed a Thai tax return because I do not believe that the income I remit is taxable in Thailand due to the UK - Thai DTA 2. But, will I now have to file a Nil tax return, but listing my non taxable income on an annual basis. 3. Or, will it be a case of carry on as before, not filing annual tax returns. Personally, I am not really bothered what I might have to do, I would just like clarity on it.
  20. For now, do nothing ( yet ) The new rule starts on the 01 Jan 2024. The Thai tax year runs from 01 Jan - 31 Dec. All will become clear sometime in 2024 before you need to do / file anything in 2025. Do not put yourself on the radar, before you need to, would be my advice.
  21. Yet on this thread alone we are on page 23 and nearly 700 posts, filled with posters claiming all sorts of nonsense and making plans to flee Thailand. And then head over to the other thread, which is even bigger, and has even more nonsense of what will happen come on 01 Jan 2024. The only fact I can tell you about the 01 Jan 2024 is that I will have a hangover from hell.
  22. Not quite sure that applies to rice in Thailand, for many. Quite happy to throw half a Baht 400 pizza in the bin, different story with a scoop of rice. I feel sick because I haven't ate rice yet today. There is more at work, where rice is concerned, than a conservative mind.
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