It has been universally overlooked that prior of the repealing of the so called 'one year rule', pensioners (and I'm only referring to that group) have, in theory, always been liable to taxation by the TRD. For the simple reason that no pensioner, in his right mind would have delayed the remittance of his payments by one year in order to avoid taxation. Indeed I doubt whether there was a single pensioner out there who even knew about that rule! And as they didn't make any attempt to tax us back then, I see no reason why they should start to do so now. I've always believed from the start, that the best policy regarding this topic is to 'let sleeping dogs lie'. And that applies on both sides of the fence,.
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