Popular Post Tropicalevo Posted March 25, 2022 Popular Post Share Posted March 25, 2022 6 hours ago, Gottfrid said: However, they neither inject their money in the country that gives it to them. So, there we have the reason. Soooo wrong sunshine. Many of us are injecting money into the country. It is called income tax! Just because we live overseas, do not assume that we live 'tax free'. 4 1 Link to comment Share on other sites More sharing options...
Popular Post Tropicalevo Posted March 25, 2022 Popular Post Share Posted March 25, 2022 3 hours ago, Gottfrid said: There is another option in life, and that is to save and invest, for building a great stability. That shows your lack of knowledge. Even though wee are retired. Even though we paid taxes during out working lives. Even though we saved and invested for the future - we pay taxes on those savings and investments - even now. 4 Link to comment Share on other sites More sharing options...
Burma Bill Posted March 25, 2022 Share Posted March 25, 2022 10 hours ago, webfact said: but not if you have retired to Thailand. for reference, this also includes UK ex-pats in Cambodia, Indonesia, Laos, Vietnam and Burma. I am not sure about Malaysia. Link to comment Share on other sites More sharing options...
Popular Post RedArmy Posted March 25, 2022 Popular Post Share Posted March 25, 2022 The UK government doesn't even look after the pensioners that still live in England so what chance do we have. 5 Link to comment Share on other sites More sharing options...
sawadee1947 Posted March 25, 2022 Share Posted March 25, 2022 5 hours ago, mikebell said: Worked 40 years paying tax & NI. Still pay tax but my State pension is 350 UKP per MONTH! Obviously you worked only one day week???? for 40 years 1 1 Link to comment Share on other sites More sharing options...
jacko45k Posted March 25, 2022 Share Posted March 25, 2022 2 hours ago, Gottfrid said: That´s just to much to pay for such bad ROI. There are far better ways to secure a higher income. At the same time you do not know how long you will live and use it. With you own investment, and a death sentence of 4 month left to live you could at least use your money that invested to get. It's a <deleted> shoot. Of course the pension one receives will be higher as it will have been cost of living adjusted.....maybe for many decades. The government also do not know how long you will live...... could be 20 years of receiving the pension, or not make it even. (They put up the qualifying age a few years ago).. 2 Link to comment Share on other sites More sharing options...
Will B Good Posted March 25, 2022 Share Posted March 25, 2022 2 hours ago, Gottfrid said: Yes, why not! But, then you would have to pay tax in the country you chose to reside instead. Like normal tax rules, right? WHY? I am spending all my money here.....isn't that your gripe with expat pensioners......I actually spent 1.7 million baht last week.......how much do you want? Link to comment Share on other sites More sharing options...
Gottfrid Posted March 25, 2022 Share Posted March 25, 2022 2 hours ago, Tropicalevo said: That shows your lack of knowledge. Even though wee are retired. Even though we paid taxes during out working lives. Even though we saved and invested for the future - we pay taxes on those savings and investments - even now. No, definitely no lack of knowledge here. Just a little bit more intelligence and common sense compared to the general average. Yes You should pay income tax If one saved and invested, and not were dumb, then one do not need to complain about pension now. 1 2 1 Link to comment Share on other sites More sharing options...
BritManToo Posted March 25, 2022 Share Posted March 25, 2022 5 hours ago, Gottfrid said: There is another option in life, and that is to save and invest, for building a great stability. Did that, my UK wife got nearly all of it when she divorced me. I'd have been better off living off the state. 1 Link to comment Share on other sites More sharing options...
Gottfrid Posted March 25, 2022 Share Posted March 25, 2022 2 hours ago, Tropicalevo said: Soooo wrong sunshine. Many of us are injecting money into the country. It is called income tax! Just because we live overseas, do not assume that we live 'tax free'. Not any sunshine to you. That´s good, keep doing that and complaining. hehe As I said, the investment option was better. Makes you can have a complaint free life. 2 Link to comment Share on other sites More sharing options...
Gottfrid Posted March 25, 2022 Share Posted March 25, 2022 Just now, BritManToo said: Did that, my UK wife got nearly all of it when she divorced me. I'd have been better off living off the state. That´s just bad agreement with your wife. Don´t blame her for that. It´s totally your fault. Have to protect your assets better. 1 1 Link to comment Share on other sites More sharing options...
Gottfrid Posted March 25, 2022 Share Posted March 25, 2022 (edited) 9 minutes ago, Will B Good said: WHY? I am spending all my money here.....isn't that your gripe with expat pensioners......I actually spent 1.7 million baht last week.......how much do you want? Yes, but if you have an income of money in some country, you must also pay income tax in the country of residence or according to a tax treaty. Unless you live in a tax haven, like UAE and about 13 other countries in the world. Even if you send 1,7 million here or in your home country, you do that for something you want, right. And, you do it with already taxed money unless it´s trough a company formation. Edited March 25, 2022 by Gottfrid Link to comment Share on other sites More sharing options...
Liverpool Lou Posted March 25, 2022 Share Posted March 25, 2022 (edited) 5 hours ago, bradiston said: Just get an address and phone number in Philippines. Ring DWP and let them know you've moved and when. Job done. Gosh, didn't realise that it was that simple. May we use your address and phone number there? Anyone changing location from Thailand to PI without a PI bank account also is going to be looked at very closely! Have you got any other simple, "job done" financial recommendations that we could have a look at? Edited March 25, 2022 by Liverpool Lou 1 Link to comment Share on other sites More sharing options...
Liverpool Lou Posted March 25, 2022 Share Posted March 25, 2022 (edited) 14 hours ago, webfact said: So, make the effort and please add your name, and share this article so more can sign https://petition.parliament.uk/petitions/601821 A complete waste of time but should be done anyway by those affected. The argument has been kicking around for decades and a favourable change in the rules will never be made. So far they're only 91,000+ signatures short of a parliamentary consideration of a discussion so don't start thinking about what you're going to spend your increase on just yet! Edited March 25, 2022 by Liverpool Lou Link to comment Share on other sites More sharing options...
digger70 Posted March 25, 2022 Share Posted March 25, 2022 15 hours ago, webfact said: Why should we not get equal rights? Pensioners living abroad are less of a strain on the National Health (not using the services of G.Ps., emergency services etc.), in most cases having to fund health care including care homes privately I Know it Stinks to high Heaven We from Aus get a couple Meagre pension increase twice per year . But in the UK they might think if you don't spend your money in the UK you get F, All and Nothing. Sorry I hope you can get them to change their stupid mind. Link to comment Share on other sites More sharing options...
Hepbub Posted March 25, 2022 Share Posted March 25, 2022 Tried to fill in the petition, but it doesn't seem to want to accept my email address Link to comment Share on other sites More sharing options...
nickmondo Posted March 25, 2022 Share Posted March 25, 2022 keep an address in the UK. simple 1 Link to comment Share on other sites More sharing options...
Thailand Posted March 25, 2022 Share Posted March 25, 2022 2 minutes ago, nickmondo said: keep an address in the UK. simple Had a similar problem with fake info for income related to extensions of stay and embassies not notarising same. That turned out well did it not? I guess what you are suggesting is illegal or could lead to problems for those who "do it right"? Link to comment Share on other sites More sharing options...
Thailand Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, Liverpool Lou said: A complete waste of time but should be done anyway by those affected. The argument has been kicking around for decades and a favourable change in the rules will never be made. So far they're only 91,000+ signatures short of a parliamentary consideration of a discussion so don't start thinking about what you're going to spend your increase on just yet! Before there was not the power of social media, if everybody posts the links via twitter etc it could really gain traction, maybe! 1 Link to comment Share on other sites More sharing options...
Thailand Posted March 25, 2022 Share Posted March 25, 2022 9 hours ago, mikebell said: Worked 40 years paying tax & NI. Still pay tax but my State pension is 350 UKP per MONTH! Less than mine which I thought was bad, must have been taking your pension for 15-16 years? 1 Link to comment Share on other sites More sharing options...
Baht Simpson Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, Liverpool Lou said: A complete waste of time but should be done anyway by those affected. The argument has been kicking around for decades and a favourable change in the rules will never be made. So far they're only 91,000+ signatures short of a parliamentary consideration of a discussion so don't start thinking about what you're going to spend your increase on just yet! I agree. I'll add my name but this matter has already been submitted to the European Courts who astonishingly found in favour of the U.K. government. The most that will happen is a question will be asked in the House which will be quickly swatted away. 2 Link to comment Share on other sites More sharing options...
Popular Post Baht Simpson Posted March 25, 2022 Popular Post Share Posted March 25, 2022 To my mind there is no real excuse for denying expats any increases. It's discrimination pure and simple and the only reason they've done it is because they can get away with it. It's not a gift from the government it's a contract between government and the people, who contribute via National Insurance and Income Tax for a certain specified number of years to qualify for the agreed pension plus any relevant increases. Those increases are then arbitrarily taken away based solely on residency and not contribution or need. There is no moral excuse for this. 6 Link to comment Share on other sites More sharing options...
Will B Good Posted March 25, 2022 Share Posted March 25, 2022 2 minutes ago, Baht Simpson said: the only reason they've done it is because they can get away with it. Spot on. 1 Link to comment Share on other sites More sharing options...
Pravda Posted March 25, 2022 Share Posted March 25, 2022 I thought Thailand was full of sophisticated Englishmen who did really well during their working years so they don't have to whine, cry and rely on petty government pension. Oh wait..... 2 1 Link to comment Share on other sites More sharing options...
Popular Post Will B Good Posted March 25, 2022 Popular Post Share Posted March 25, 2022 1 minute ago, Pravda said: I thought Thailand was full of sophisticated Englishmen who did really well during their working years so they don't have to whine, cry and rely on petty government pension. Oh wait..... You generally find the richer we are, the tighter we are, the more we complain......maybe we are like the Indians........all millionaires? 1 2 Link to comment Share on other sites More sharing options...
Baht Simpson Posted March 25, 2022 Share Posted March 25, 2022 (edited) See below Edited March 25, 2022 by Baht Simpson Link to comment Share on other sites More sharing options...
Baht Simpson Posted March 25, 2022 Share Posted March 25, 2022 9 minutes ago, Pravda said: I thought Thailand was full of sophisticated Englishmen who did really well during their working years so they don't have to whine, cry and rely on petty government pension. Oh wait..... This is not about the value of the pension, it's about equality. When it comes to State Pensions the U.K. pension is poor compared to many other European countries. Link to comment Share on other sites More sharing options...
Baht Simpson Posted March 25, 2022 Share Posted March 25, 2022 5 hours ago, RedArmy said: The UK government doesn't even look after the pensioners that still live in England so what chance do we have. An equal one would be nice. ???? 2 Link to comment Share on other sites More sharing options...
hughrection Posted March 25, 2022 Share Posted March 25, 2022 6 hours ago, Gottfrid said: There are far better ways to secure a higher income. Like what for example? Invest 60 GBP a month into what exactly to give you a livable return in say 15 years from now! Link to comment Share on other sites More sharing options...
Will B Good Posted March 25, 2022 Share Posted March 25, 2022 Anyone know? I still have property back in the UK......if I 'live in it' for 30 days a year I understand I am still resident in the UK and therefore entitled to annual pension increases......correct???? Link to comment Share on other sites More sharing options...
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