He is so busy with Canada, Mexico, Panama, Greenland, Israel and all that business in the USA, when should he squeeze in Ukraine?
Maybe like: Sure Putin, take it. I don't care.
I'm no expert in the macroeconomics of a country, However the proposer of the petition, Alan David Frost, suggests that:
'.......... increasing the allowance would boost the economy by giving people more spending power, reports the Daily Record.
The petition, advocating for the raise of the income tax personal allowance to £20,000, claims: "We think this would help low earners to get off benefits and allow pensioners a decent income."
This seems to be more than just putting a few extra pounds in pensioners pockets.
https://www.express.co.uk/finance/personalfinance/2010732/petition-increase-personal-tax-allowance-20-000-all-you-affected
For those who insist on going down the road to insanity, don't complain when sanity pushes back. You open yourselves to mockery. If you are some brainwashed teen or young man who believes you can menstruate, you are probably overlooking a serious medical condition that will most likely kill you. And yet the radical progressives are dangerously encouraging you engage in this nonsensical behavior. Darwin Awards abound. Natural selection culls the weak and deranged.
I think there are two tax issues here.
One is gift taxes. There is an exemption for the recipient spouse of up to 20 million baht. No tax payable by the recipient if under this amount.
The other one is income tax. This one will likely involve the issue as to whether the giver remitted the funds before the gift was completed or whether the recipient remitted the gift after it was completed abroad.
I think the income tax is the tricky one and I would advise getting written professional advice specific to your particular situation on both issues.
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