Pension cuts could affect future claimaints

[sargeant]

Sand Dancer
Yes both of my pensions are taxed at source

House no i don't even own a tent

Bank account quantity one of

Non Dom / Non Res

I haven't registered either but pensions have me as living in Thailand and thus do not qualify for any state pension rises

Pension paid direct to Thailand i don't know never considered it

Dannie Boy domicile of choice i bet it still means 90 day reporting here

[nanyang]

Sarge, are you aware that the U.K. has a double taxation agreement with Thailand?

[sargeant]

Nanyang if you mean a reciprocal agreement i think you will find G Brown tore that up

However if that is not what you mean or you know different then please explain

[Bristolian]

http://www.hmrc.gov.uk/manuals/dtmanual/dt18650+.htm

I have not read the document but it does not cover personal income tax as far as I am aware

[sargeant]

Thanks for that Bristolian
Nanyang as i thought the only DOUBLE TAXATION i know of was Brown doing it to my private Pension and i can assure you he had no nil nana agreement from me
It was forced double taxation or just plain THEFT

[nanyang]

http://www.hmrc.gov.uk/taxtreaties/dtdigest.pdf

[BingoBango]

She could always go back to her old job to pay for your kids welfare as opposed to the british taxpayer funding your breeding with an ex bar girl

Here is yet another example of the filth you bring to this forum and the utter contempt you show to other members. For ignoring warnings and continuing to post abusive comments with no other purpose but to antagonize others your account has been suspended for a month to give you time to reflect on your offensive outbursts.

[MrPlum]

So much for 'If I have to obey the rules, so should everyone else'. This conspiracy theory that the government is stealing your money is pure Alex Jones. The patriotic thing, is to do your bit for your country, pay your taxes and be thankful you don't live in Thailand which doesn't have the same generous pension system you benefit from.

[tuktukmike]

That post was well out of order and uncalled for.

On another angle and I am not having a pop at anyone here but there are many lets say older men nearing say pension age who come to Thailand and marry a girl maybe 20-30 years their junor.

In these circumstances why should the taxpayer cover a pension for someone who will maybe live 30-40 years longer than their spouse who is claiming the uk pension,

Personally I could not give a damm is its all a paltry sum compared to the monies our government throw at banks and of course the new ponsi housing scheme,

For me I would not want to be a non dom, is it not better to use a uk address to cover yourself.

Ttm

[nanyang]

The patriotic thing, is to do your bit for your country, pay your taxes and be thankful you don't live in Thailand which doesn't have the same generous pension system you benefit from.

Mr Plum, please allow me the opportunity to tidy up your submission - it's called parallelism.

The patriotic thing to do is, to do your bit for your country, to pay your taxes and to be thankful you don't live in Thailand - which doesn't have the same generous pension system you benefit from.

Big Boy - before you censor/delete this post you might take the time to digest the free (and you do like something free) lesson contained therein as your writing skills are sadly lacking

[Big Boy]

^

[Mod Edit] BingoBango's comments above removed and referred to Admin after several complaints had been received.

[Khundon1975]

There is a monumental difference
1- I was already retired
2- You were able to work and make some changes

Sarge

1. I retired at 47, before Brown made those changes and apart from a few months consultancy work for my old company, I was not about to go back to work for him or anyone.

2. I paid the enhanced NI rate which should have entitled me to £250 state pension, under these new rules, the most I can expect is £144 per week! Thank God I made other provisions. Yes, it's back to savings again.

Ain't life a bitch.

No - the £144 minimum guarantee pension from 2016 will only apply to people who get less than that! Those who are entitled to a higher amount on account of their contributions will continue to be entitled.
However...... it wouldn't surprise me at all if those on higher pensions found that they were frozen. It would be a typical tactic with such a change - we will see.

Sarge - your wife is OK because you are already claiming your pension. Those affected will be spouses of people who begin to claim (or more correctly become entitled to) after the date of change.

Mags Thanks for that, so it wasn't money down the drain after all.

I don't mind too much if it is frozen, just so long as I get most of what I paid for.

[Khundon1975]

Still a monumental difference
1- I was already in Thailand
2- You were and still are UK based
3- You COULD if you wanted to go to work and do something about it
4- I am 65 years old 4 heart attacks and work is not an option
5- Return to the UK is also not an option as you say NO HOUSING
6- Comparing my situation (and thousands of others already retired abroad) to yourself is like comparing apples and potatos

Sarge
My first MI was when I was 45, the next was at age 46, hence retirement at 47. but no real problem, as I had always planned to retire before fifty.

As I mentioned before, going back to work was not an option, as I have other medical conditions that prevent that and living full time in Thailand is difficult, as I cannot get medical insurance, also, Morphine (I use a lot) is almost impossible to get there. The times I have been hospitalised in LOS, I have paid cash and that will apply each time we visit.

I can't stop the UK government making changes to pension rules, all I can do is plan for the future and hope for the best. And as for taxes, I still pay a lot of them, despite being "retired". I suppose I will have to wait for 65 to see a reduction in those.

I did not compare my situation to yours, or thousands of others, I simply stated my position as it is stands at the moment and that without making plans early in my life, I would not have been able to retire early, because I would not have the finances in place to do so.

Good luck with the house.

[margaretcarnes]

Are you one of the expats that will be affected if they push through this legislation...... I certainly am as I will have to offload my house..... And I certainly know that I cannot get my pension paid direct to Thailand....

Or is it unlikely to happen as it will affect individuals who kindly donate to Political Parties coffers ?[/quote]

I'm no expert on this but would have thought that it is impossible to be classed as 'domiciled' in Thailand unless granted Thai residency there? Something which is very rare.
Is the UK government referring to expats in places like Oz and the US who take the oath etc in their new country?
Either way, the very fact that UK pensions such as yours can't be paid direct to a Thai bank helps in part to imply that the farang still has claim to residency status in the UK, however long they have lived in the LOS. As does property ownership in the UK.
I can't see how anyone should be forced to sell property, when a) they will never be accepted as resident in Thailand and b) if forced to return to the UK for some reason would be subject to the Habitual Residence Test there because they no longer own property!
Then again - the government isn't exactly thinking anything through right now.

[sargeant]

Nanyang

4. Treaty does not include an article dealing with
Non-Government pensions. Also, no relief for
State Pension or ‘trivial commutation lump sum’.

Thats for Thailand i only have one of both a private and a sate pension

quote TukTuk Mike

That post was well out of order and uncalled for.

I cannot comment or u no hoo will be all over me like a rash

unless it was to a bingobango post deleted and which i never saw
It however comes right after my protagonists post as i had already posted this and I do not delete posts i thought an explanation was called for thus this edit

Khundon i will answer your post later as certain points you make need some cognitive analysis or in other words i need to thunk a bit