Tony ********
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Tony ********
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Tony ********
@Trevor ******
Thats not a problem. It only becomes a problem when the total number of days add up to over 180 days in total in a calendar year, then you become a tax resident of Thailand and you lose your tax resident status in Aust.
Tony ********
@Ken ******
It shouldn't make any difference if you transfer from your bank account in Aust or direct to Thailand. As soon as it's transferred it becomes assessable to be taxed if you are a tax resident of Thailand.
Tony ********
@David *******
Retirees usually convert their Super to an income stream which is totally tax free in Aust. If you get an income stream and you transfer it to Thailand it will be liable to be taxed as income depending on how much you transfer.
Tony ********
@Luke *********
Usually Aust pensions are tax free in Aust, but once you lose your tax residency by being out of Aust for more than 6 months, you are now taxed at 30% of your pension. You lose the tax free threshold
Tony ********
If you leave Aust for more than 6 months, you will lose your Aust tax residency and your pension will be taxed at 30%. Since your pension will be taxed in Aust you will not be taxed in Thailand but you may be required to fill out a tax return in both Aust and Thailand
Tony ********
And dont forget that when you leave Australia is going to tax your pension at 30%, (if you become a non tax resident of Aust), so the balance that you transfer to Thailand will be tax free as Aust has a Dual Tax Agreement with Thailand
Tony ********
@Mark ********
I will be sending money to Thailand before I move there permanently in Aug or Sept. This way by the end of the year end in Dec, I will still be under the 180 days and will not be a tax resident and my money will not be taxable