RupertIII

Don't know if this has already been posted but a useful site for tax info - https://sherrings.com/assessable-income-foreign-sources-thailand.html Sheryl - I believe you mentioned in an earlier post a Tax Ruling in 2003. The above also covers that.

Inheritance tax rates If the inheritance received has a value exceeding THB 100 million, only the portion that exceeds THB 100 million will be taxed. The inheritance tax rates for the exceeding amount are: 5% inheritance tax for parents and descendants. 10% inheritance tax for other heirs. https://www.google.com/search?q=thai+inheritance+tax&oq=thai+inheritance+tax&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCDcxMDNqMGoxqAIAsAIA&sourceid=chrome&ie=UTF-8

Today's update in the Thai Enquirer, seems not just us foreigners that are concerned about all this, in particular the lack of clarity surrounding it. https://www.thaienquirer.com/50755/opinion-thailands-ambitious-plan-to-tax-incoming-funds-risks-falling-flat-due-to-lack-of-clarity/

I have to ask myself if Thai standards will then align with international standards when I am forced to pay up to 20x the normal rate for entry into national parks and many non-government parks etc., increased charges at both Government and private hospitals, having to pay several thousands of GBP each year for medical insurance because I am barred from being involved in the Thai Government social services system, even being quoted nearly double the price at Fortune IT centre for a laptop battery that my wife subsequently went on her own to purchase on my behalf, etc., etc,!

Last I saw Wise wasn't issuing debit/ATM cards to those living in Thailand, or has that now changed?

Bangkok. Can get several sites, Bangkok Post, Guardian, Sky, etc. but not Google (gmail, accounts, etc) or Yahoo.

According to site below it's been down for over a week although I don't know how accurate that is. I logged in to submit on 7/08 , 8 days ago. https://www.isitdownrightnow.com/tm47.immigration.go.th.html

I pay my UK health insurance in GBP from my Wise GBP a/c into the insurers UK GBP a/c, free of charge.

My Uk state pension is paid into Wise and has been for a few years now.

If you have fully comp insurance you could try contacting the insurer with a view to submitting a claim. It is in their interest to locate the pick-up and hold the driver liable. I am sure they have the know how and means to track from the licence plate info.

As far as I am aware Wise are not currently offering any cards to people in Thailand. Most banks, certainly Bangkok Bank, will give you a VISA credit card provided you keep the credit limit amount in your a/c. e.g for a 100,000 Baht limit you will need an a/c with that amount in it. The amount you use each month will be automatically deducted from the bank a/c at the end of the month which doesn't suit all your requirements. Basically no better than a debit card but it will work online internationally.

If you are in a financial position to do so have it paid into Wise and keep it there until the beginning of the next year and then transfer to your Thai a/c. Overseas income rec'd in Thailand in the same calendar year as earned/paid could be liable to Thai income tax.

A very interesting read:- https://paularbair.wordpress.com/2023/04/27/china-is-the-reason-why-there-is-war-in-ukraine/ China is the reason why there is war in Ukraine Without China’s support, Vladimir Putin would not have been able to launch a full-scale war on Ukraine, and without China’s support he would not be able to pursue it. Far from being interested in brokering a peace deal between Moscow and Kyiv, as it seems to pretend, China knows that the continuation of Russia’s aggression and assault on the West-dominated international order is fundamentally in its interest.

‘My country has fallen out of time’: Russian author Mikhail Shishkin’s letter to an unknown Ukrainian A highly recommended read.

https://shop.tonggarden.co.th/en//unsweetened-natural-peanut-butter Used to be at Villa but seem to have disappeared lately. I think you can order online for delivery but in BKK they have outlets at some of the Lotus supermarkets, sometimes discounted to 80 Baht. Their telephone number is in the footer of the website, ask for outlets in your area.

Thanks to you both for clearing that up.

Whilst Thai Baht deposit a/cs are covered up to 1 million per institution not sure if this covers many foreigners here. To quote:- "Foreigners with Thai baht deposit accounts at member financial institutions in Thailand are also protected under the Deposit Protection Agency Act. However, “Non-Resident Baht Accounts” as defined in the Exchange Control Act B.E. 2485 (1942) are not protected. A “Non-Resident Baht Account” is a special type of deposit account denominated in Thai baht that is used solely for transactions as specified in the Exchange Control Act. A “Non-Resident” means: 1) Corporations, institutions, funds, financial institutions or juristic persons located outside Thailand. 2) Entities of foreign governments located outside Thailand. 3) Branches and agents of domestic juristic persons located outside Thailand 4) Natural persons not of Thai nationalities and not having alien identity or residence permits." https://www.dpa.or.th/en/articles/view/who-is-protected Does anyone know if alien identity refers to a Thai ID card for foreigners, I think this is also called a Pink ID Card? If so I assume that the majority of foreigners here would not be covered in the event of a bank crash. Foreign currency a/cs are certainly not covered.

My wife recently opened an a/c and used her VISA credit card to send the initial money. No problem. If you don't have a Thai credit card try with a debit card.

Furniture sliders from Homepro - https://www.homepro.co.th/search?q=furniture+slider I bought the square shaped ones some years back for various cabinets and drawer units, work very well. They need to be applied to a flat area and it's possible your fridge will have feet extending downwards to allow air to flow underneath. However you may be able to use the small round ones on the base of the feet depending on the diameter of the feet.

Did this by post to DWP maybe a couple of years back and no problem at all.

Not just Russia, seems China have now joined them in their propaganda/disinformation war. https://www.theguardian.com/world/2023/feb/28/china-spends-billions-on-pro-russia-disinformation-us-special-envoy-says

Could be to do with the CRS. Since 2016 financial instituitions based in nearly every country are obliged to submit information including cash withdrawals, name of investor, country of tax residence with ID no. and investment valuation at the end of the preceeding year. This information in turn is then passed on to the investor's country's tax authorities. A list of countries signed up to the CRS can be found here https://www.oecd.org/about/ under the tab "Countries". I agree, I see no reason why thay shouldn't contact the individual involved in the first place and only then contact immigation, as a last resort, if they are unable to obtain a satisfactory conclusion.

My understanding is that there is no liability to Thai income tax (capital gains is taxed as income) on foreign sourced income provided the income is not brought into Thailand in the same calender year as it is received. I would suggest advisable to have the funds, upon receipt, paid into a bank a/c overseas and then transfer into Thailand the following year. Not sure if it is acceptable to post here links to 3rd party web sites but if you Google - thailand overseas investment income tax for foreigners - you should find something of use.

Kadyrovites taking selfies with a wonderful result! https://www.ukrinform.net/rubric-ato/3600530-kadyrovites-base-destroyed-in-kherson-region-40-killed-60-injured.html

Putin announces partial military mobilisation. Live coverage:- https://www.bbc.com/news/live/world-62970683