Jump to content

BobBKK

Advanced Member
  • Posts

    4335
  • Joined

  • Last visited

Posts posted by BobBKK

  1. On 1/6/2024 at 9:46 PM, Mike Lister said:

    500k for over age 65 years pensioner

     

    Yes, but I, for example, get 1.2m in pensions here, so I will still get clobbered if they follow this through. 

     

    I'm toying with the idea of opening a Philippine bank account and splitting my pensions - then I can use a Philippine ATM card here. People will find a way round it OR leave. This tax was not designed for us yet Thais never think things through.

    • Like 1
  2. 10 hours ago, Jingthing said:

    Antigay bigots want it both ways.

    Some say why that's unnatural!

    Then when they find out it's natural, they say, you're animals! (As if straight people aren't animals.)

    It's not a "few" species.

    I get you now. Your prejudice is hard wired in. Nothing further to discuss. 

     

     You sound very anti-hetro?  why not just do your thing without telling us all the time - we DONT CARE.

    • Thumbs Up 2
  3. On 1/6/2024 at 5:21 PM, Ben Zioner said:

    Fairy nuff. But "empirical evidence" isn't overwhelmingly convincing. My guess is that they wrote that just to be fashionable. I wonder why? What does anyone have to gain from such "normal deviances"? At at time where it is understood that being deviant doesn't always make one a criminal.

     Yes, they are American, so they must be right, right?  what a farce America has become.

    • Thumbs Up 1
  4. On 12/16/2023 at 1:44 PM, Fairynuff said:

    It never takes long for the bigots to show themselves and talking utter nonsense 


    It never takes long for the 0.0001% to whine at every perceived injustice. Poor thing, and with such ad hominem - I must go and lie down and call my therapist right away! 

    • Thumbs Up 1
  5. On 1/4/2024 at 4:29 AM, Mike Lister said:

    You will always be taxed on any income that arises in the UK, for example, rental income, pension, state pension etc. You will also always be taxed on any income that arises in Thailand, bank interest, investment interest, rental income and others. In the case of the UK, tax residency rules are slightly more complex but generally speaking, you are tax resident there, if you remain for more than 183 days per tax year, in which case, you must file as tax resident. But if you remain in the UK for under 183 days per year, OR, the residency rules allow you, you can file as not UK tax resident which means you do not have to declare any income that does not arise in the UK.

     

    Moving on to the Thai tax side of things. If you remain in Thailand for under 180 days per year, you are not Thai tax resident and you do not need to file a Thai tax return. But if you remain here for more than 180 days, you must file a return and declare all assessable income that was imported and all income that arose here.

     

    As a general rule, it is not possible to be tax resident in the UK and Thailand, in the same tax year, 180 days plus 183 days is 363 days, but days are counted based on where you are at midnight and if you are on a plane, you are not counted on either side. Having said that, The UK rule regarding Ties to the UK, after the first year overseas are complex and I don't intend to go into them in any depth here, other than to say you need to look at them closely if you intend to split your year.

     

    Because I'm a Brit, I'll use myself as a real example, I live in Thailand year round so I am tax resident here and here alone. But I have rental property income, investment income and state pension income, all of which arise in the UK. That mean I must file a UK tax return to declare that income although because I am not UK tax resident, my income that arises elsewhere in the world, does not need to be reported on the UK return. The UK allows me 12,750 Pounds per year in a Personal Allowance so much of my UK sourced income falls within that allowance.

     

    I also have income that arises in the US which means I must file a US tax return but I do so as a non-resident which means all my other worldwide income is ignored. My income is also below the threshold for filing a return which I do in order to reclaim tax deducted at source only.

     

    My Thai tax return reports my US and UK pensions, both of which have been the subject of tax returns hence they are considered to have been taxed and are tax free. But just in case, Thailand allows me deductions and allowances of 500k baht per year that is effectively tax free.

     

    I hope those things help

     

    But... As you are, I am a full-time resident in Thailand; I have an NHS pension and will be getting the old-age pension soon. UK tax authorities tax me in the UK; obviously, how can Thailand justify taxing me on pension income here?  I think many think they will wake up and smell the coffee soon and have jumped the gun - many will leave if they do not.

    • Agree 1
  6. On 1/3/2024 at 8:43 PM, Mike Lister said:

    Likelihood of pensions being taxed is extremely low for Americans because of their tax treaty but high if UK pensions. That said, UK pensioners over age 65 years of age will be allowed a minimum of 500k Baht in deductions and allowances meaning the first 500k baht per year is tax free, thereafter, the remainder will be taxed in bands, starting at 5%.

     

    It's still double-taxed. The UK government doesn't let us get pensions without taxing us if we are over the personal allowance. My pensions are largely public sector.

    • Agree 1
  7. 23 hours ago, mfd101 said:

    Always interesting to see people who think of themselves as upstanding members of our open, democratic & free societies but are quite unwilling to accept minority groups asserting their right to the same privileges.

     Some minorities should not have the same rights or privileges (pedophiles for example) and so your premise is broken from the start. Gays can do what they want - in private and it's no one else business. The problem is a minority of gays want to SHOUT and make NOISE about it.

    • Thumbs Up 1
  8. 7 hours ago, JimTripper said:

    Why don't you get quality recording studio insulation and put that up instead of building that crazy wall?

     

    You can douple or triple them up, they have ones that are interlockable/stackable.

     

    When you sell up you can just take it down and prospective buyers don't know about the problem. You're turning your unit into a construction zone for no reason. I don't think that cinder block type cement is really going to block sound that well, it's more meant to be a barrier.

     

    IMG_0357.jpeg

     

    Thank you - where to buy?  it's adhesive?

  9. 49 minutes ago, Rampant Rabbit said:

    This was the old  view and window  now overboarded  mand insulated too

    286_20090630170951.jpg

    How did you insulate the windows?  triple glazed?  (YES I have a noisy neighbour problem too). Where did you buy the noise insulation for your double walls?  (thanks in advance)

×
×
  • Create New...