tomhuayyai

His web site is working now!

Get legal advice. And pay for it - not from a bar room expert!

If he is the only director of the company there may be a way of selling the house.

Talk to someone like Tony at Magna Carta on Pattaya Tai opp. CAT.

Thank you everyone.

Some interesting points and some thought provoking ones too.

In my mind, I think I have been confusing witholding tax and not paying tax. Clearly two very different things.

How much difference is the picture if I have reached state retiremnt age? Apart from having the small state pension, this is my only retirement plan, so to speak.

Thanks again to you all.

if you reach retirement age your tax free income goes up to just under £10000,and dont forget isas are tax free,so if you cant live on £200 a week in thailand find a thai wife.

Thanks one and all. Very helpful

Probably more in hope, that the OP is going somewhere far away.

Any suggestions?

Buffalo sick

Thank you everyone.

Some interesting points and some thought provoking ones too.

In my mind, I think I have been confusing witholding tax and not paying tax. Clearly two very different things.

How much difference is the picture if I have reached state retiremnt age? Apart from having the small state pension, this is my only retirement plan, so to speak.

Thanks again to you all.

In short, yes.

You have to pay UK income tax on all your UK income, even if you're non-resident. You do, however, still get your UK tax allowance so, if, you're lucky, there may be no tax to pay.

Exactly.

Sorry, there is no escape from the dreaded taxman.

I think getting better at off setting expemses might be a good plan.

I wonder if I can off set the cost of a flight home to 'inspect' the premises periodically???!!!!!

Kinda doubt it. It always seems that its 'other' people who get away with not paying tax

Yes, you would need to pay UK Income-Tax (after all ... the income arises within the UK), if the commercial-rent (less any allowable-costs like agents' fees or repairs) were high enough, but you would get your full personal tax-allowance to off-set against the income.

Perhaps consider selling the property, moving the capital offshore (outside the EEC ?), and then investing it in a commercial-property fund, to produce a (UK/EEC) tax-free income ?

Thank you.

There are many ways to not pay tax such as this BUT I really dont want to sell the property.

Tom

The following link may be of help,

http://www.hmrc.gov....r_landlords.htm

Thank you so much for this

Quickly scanned it - says tax may not be payable with the right forms etc, but does not say if it applies to commercial property as well or residential only (as I think).

It might be to your benefit to remortgage the property. You can then offset your mortgage payments against the income, reducing your tax liability. You can then send the sum raised by the remortgage offshore, outside the clutches of HMRC.

Thanks for that - interesting. I must think about this and look into a re-mortgage.

Thanks

Help wanted please

Do I have to pay uk income tax on the rent from a commercial property I own in the uk? I have no other uk income. There is no mortgage.

Many thanks

I thought there was a statute in Thai law that in the event any piece of land does not have access to a road, that the owner(s) of any land between that piece of land and the closest road (not necessarily the most desirable, but the closest) are required to grant you access through their property

Access can be a motorcycle path!

or pedestrian

Now you have two solution. Either you buy the piece of land that gives you access to the main road or you ask the owner to give it away to the village, to make it a public road. Make sure the paperwork is done, and done properly.

But if you can't secure an access to a public road, just walk away.

I beleive there is a third option.

I am going through the same situation at the moment. Sort of.

A right of access can be given over a drive or parcel of land, but it has to be enshrined in the chinod AND it has to state for a 4 wheel vehicle. Not sure if its just your chinod or theirs as well. Suspect it could only be done when the original chinod was sub divided. Get reputable legal advice.

And maybe renegotiate the deal to cater for the hassle factor.

It would be a mistake to pay tea money to get either chinod's 'altered' to show everything has always been ok and think that the problem has gone away. Someone could easily come along in the future and say this was done 'incorrectly' and 'remedy' the chinods leaving you without access. In my situation the access is over land that is not on a chinod but a Nor Sor Sam and the only solution is for the local government to legally adopt the access land. Timescale - at least 4 months.

PS

If you want to watch one being put in, we will be putting in another one within the next week or so

You are welcome to watch etc

Tom

in thailand i think the well you are talking about is usually called a deep well, i.e.more than 60m deep. in thai its call 'bor ba-dan'. you will need a permit to drill it and you should check the water for arsenic, etc.

its usually drilled by a big drilling rig and is typically about 6 to 8" diameter and usually costs about 100 to 200k

the other poster that was talking about digging a 1.5m dia well by hand is a totally different thing.

deep wells are very common on Samui and Phangan but i don't know anything about other areas.

FYI, a real artesian well actually pushes the water up to the surface from underground pressure. deep wells have pumps.

This is pretty much spot on. I have had 5 deep wells put in (I call them bore holes) in the last 18 months. Basically they bore or drill down to 60m and then suspend the pump (a Dutch built pump) around 35m out of any silt/sand etc. This then pumps the water up and out about 50m+ (certainy far enough around a construction site for a new house). When the construction of the house is finished, it is pumped straight into a tank with an electronic ball cock which switches the underground pump on and off as water is needed.

Here in Huay Yai, they hit bed rock (granite) around 21/22m. The cost is usually around B70k (including the submersible pump) but they arey are based about 1km from where I live here in Huay Yai so no doubt more elsewhere. They do travel around a bit but I have no idea if they would go as far as you. It is quite a set up, in total about 4 vehicles with a large truck mounted compressor to pump compressed air down into the hole. It might be worth noting they make a bit of a mess when working from water and ground up rock being discharged from the hole.

Hope this helps

Tom

.....And I can guarantee you, prices will eventually rise. Not sure when, but for sure they will.

The stock market is "currently" a good place to make some money. That wasn't the case a few years ago...all markets have their ups and downs...

When I first came to Thialand in November 1994 - the Thai baht was 28 baht to the pound

Checking historic rates on the web, the 20 day average for November 1994 was 39.7161 baht to the British pound

I found a receipt in the back of my passport about a year ago. I was done. Bloody Samui!

.....And I can guarantee you, prices will eventually rise. Not sure when, but for sure they will.

The stock market is "currently" a good place to make some money. That wasn't the case a few years ago...all markets have their ups and downs...

But you seem to be forgetting that unless the buyer earns money in Thailand, then you are talking about prices in home currency terms. For example, £100k once bought 7.5m baht but to buy that 7.5m baht house today would require £150k. To get it back to £100k would require that the house price fall to 5m baht. A blinkered owner holding out for 10m baht is going to be waiting forever as FX rates are not going to £1 = Bt100 anytime soon ! Add in that people are more cautious than a few years ago and more worried about the future, then they are probably more likely to be willing to risk £50k and not the £100k then would have previously. That would depress prices at all levels, but more so at higher levels.

When I first came to Thialand in November 1994 - the Thai baht was 28 baht to the pound

There have been sme good posts and some that are absolutely rediculus on this. Enough has been said about the rediculus already but little to help the OP.

My advice is definately travel around until you find an area or road you like and then ask locally and call many of the signs you will see. Some will be over priced and eventually you will find exactly what you want. At a price you want. You may also be given better advice than from here on where is good or has a problem. I like Huay Yai, but many would say I am biased.

This rest of this post may not help the OP but may be of interest to someone else reading.

We build villas in Huay Yai that offer superb value. Alas, we have nothing for sale in the OP price range but have villas starting from just under B4m and up. We build in ones and twos and they have been selling well.

Send me a PM

To the OP. Happy hunting.

It is my experience that The PEA want their palms greased more than anybody in any institution I have come across in Thailand. And then things are done begrudgingly. Best advice is get a Thai person to sort it out for you, but dont expect it to be cheap.

My son was born at Bangkok Pattaya about two years ago.

If I remember correctly, the cost for a package was 29,000 + bits and pieces. They carried out a blood test at his birth which showed up that he had no thiroid gland. Something which would not have been tested for in a British hospital. Not sure about a 'government' hospital but I would geuss not. With regular testing, he will take hormones for this probably for the rest of his life and will be perfectly normal. Had it not been discovered, his brain would not grow and he would not have an i.q above 70. Something described by the hospital as a moron.

29,000? For what they did. Very very cheap.

BTW. He is fit and healthy and bright as a button

Have you had independent confirmation of the missing thyroid gland? I would never trust a single source for something so serious.

A fair comment. They have did further tests to confirm and he now has tests every two months. It was monthly. So no, not independent, but get to see the test results as they happen and the scale to read how he is doing.

Does anyone know how to go about getting a well dug and approx how much it costs as most of our water is wasted watering the garden. I would rather use well water for that and keep the Towns Water for the house.Any info appreciated

There is someone here in Huay Yai that I have used 4 times and seems good. Send me a pm and I will send yyou his phone number. Cost is probably 70,000+ (depending on various) and he drills to 61m.

BTW - he does not speak any English.

BTW2 - not much crime (robberies) in this part of Huay Yai.

My son was born at Bangkok Pattaya about two years ago.

If I remember correctly, the cost for a package was 29,000 + bits and pieces. They carried out a blood test at his birth which showed up that he had no thiroid gland. Something which would not have been tested for in a British hospital. Not sure about a 'government' hospital but I would geuss not. With regular testing, he will take hormones for this probably for the rest of his life and will be perfectly normal. Had it not been discovered, his brain would not grow and he would not have an i.q above 70. Something described by the hospital as a moron.

29,000? For what they did. Very very cheap.

BTW. He is fit and healthy and bright as a button

Time for an events calendar on Thaivisa?

There's a pinned topic but the last event advertised is halloween at Horseshoe Point.

I was thinking more of an ongoing actual calender with different events pinned up by ThaiVisa members. More for events like this than promotions of 'happy hour' at a bar etc.

As the other poster mentioned, you (well, me) seem to read about it after the fact rather than knowing about it before hand.

Time for an events calendar on Thaivisa?

..... Why did the Brits colonize Hong Kong anyway, if they didn't want to import good Chinese food?

From what I can tell, British-style Chinese food is their version of PF Chang.

The Brits colonized HK for the lucrative opium trade and not the cuisine. Sorry if you were being rhetorical

I had a dreadful salad in there about 6/7 years ago. Complained and they did not charge me. Were friendly enough. I seem to remember he is Italian - kinda weird having a Spanish restaurant if your Italian.