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Mail Bag |
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British pension worries
Editor;
Whilst discussing British pensions (Our Community, PM November 21) let’s not
forget the very nasty surprise which could be in next year’s UK budget: the
possibility that UK expats will lose their personal tax allowance and be
taxed at pound one by the Inland Revenue! The British Chancellor announced
earlier this year he would be examining such a proposal in committee on the
grounds that Britain is much more generous in its treatment of expats than
most other EU countries.
If the proposal were introduced as crudely as that - and the Chancellor said
he wanted a simple-to-understand wholesale revision - all British expats
with a UK tax code and allowance would promptly lose the cushion. So a
single guy would lose the benefit on his first 10,000 pounds of income - 20
percent of that sum is 2,000 pounds annually down the drain. Married couples
would lose 4,000 pounds annually and better-off expat Brits with income in
UK would start paying super-tax (40 percent) on less income than at present.
The Brits worst-affected, and there are hundreds in Pattaya alone, would be
those in receipt of UK state and public sector pensions (e.g., former
teachers, social workers, police, etc.) who would see their income well and
truly plummet. These pensions are taxed only in UK. If the worst-case
scenario proves to be true, without special treatment for luckless public
sector retirees, it is not unreasonable to expect an exodus back to UK in a
fit of self-protection.
These suggested reforms make the traditional concerns of the British expat
community - that their old age state pensions are frozen - pale into
insignificance. That’s peanuts by comparison. Incidentally, the time limit
for contacting the government committee has now expired, so it’s wait and
see time until March 2015.
Barry Kenyon
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Failure is shameful?
Editor;
Re: Beach Road almost never flooded (PM Mailbag Friday, 14 November 2014) -
Flooding issues: knowledge of gravity, pump placement and capacity,
electrical connections, place to send the water. The Romans mastered this
without pumps or electricity. The success of Thai projects will only
increase when the Thais identify failure as a shameful thing.
Dana
If Pattaya taxis would use their meters
Editor;
Re: More complaints, few solutions offered at 10th traffic meeting (PM
Friday, 21 November 2014) - Maybe if Pattaya taxis would use their meters
they could compete with Bangkok taxis returning to BKK after dropping off
fares from Bangkok to the Eastern Seaboard. 1200 baht Bangkok to Bangsare by
metered taxi. 400 baht Pattaya to Bangsare by Pattaya Cab.
Bazmcd
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HEADLINES [click on headline to view story]
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British pension worries
Failure is shameful?
If Pattaya taxis would use their meters
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Letters published in the Mailbag
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