vibration

I am a British Citizen retired and living in Thailand. Do any members know if there has been any more clarity from the Thai Revenue Department or other trustworthy sources related to tax on Inheritance remitted to Thailand in 2024. I received Inheritance money ftom the UK earlier this year and some of this money has been remitted to my Bank in Thailand as an overseas transaction. I pay tax in Thailand on my pensions and get all tax back paid in Norway due to a Double Taxation Agreement. Many thanks in advance for any help.

My car is now sold many thanks to all members for helpful, comments.

StraightTalkI just sent you a PM

Many thanks I really like the 335HP Honda CRV top model thats the main reason for selling.

I am a retired UK citizen living in Udonthani since 2004 and I want to sell my car as I want to buy the top Honda CRV Hybrid Car: 2019 Nissan X-Trail 4WD, 1 English Owner, Like New, 55000km, Full Accessory Package, Dealer Service which I am the owner of. Price absolute minimum 580 000 and hope to get more. The car looks like new and has only been used by myself and my wife and driven carefully (no kids, dogs ever inside, 5 back seats never used). I have looked after the car perfectly, never smoked in, food never eaten in the car, never involved in accident, finance free, when parked at home always covered, washed and polished regularly by reputable car wash company, have all service receipts from Nissan. If interested contact me and we can do live video to show the car or arrange a viewing. We live in Udonthani

I have cancelled this Post and instesd made a new Topic price is now dropped to 580 000 minimum and car has now driven 55000km please see new Topic

I pay tax to both Norway and Thailand and since October 2023 I have sent some monetary gifts to my wifes account from abroad very, very much under the 20 million THB limit per year. Had I known about this prior to October 2023 then I would have done this before. Before any GIFT TO WIFE amounts were sent we made a written signed and witnessed agreement about this basically confirming the Gifts could not be used in any way for benefit to me. My wife has used the money to buy GSB Lottery Ticketss in her name, buy gold and given money to her family. Good luck to all Members regarding Tax.

In case anyone receives UK Pension from the Legal & General they have just confirmed to me that these Pensions can be paid into a WISE account.

I have now opened a WISE Account using the Mobile App. the Website Wise version did not work for me as it was impossible to verify my Passport Photo Page, etc. I had to transfer 880 THB into the account which i did using my Bangkok Bank Credit Card without any problems.

Many thanks Chickenlegs I get my UK pensions fron the DWP and Legal & General do you have any experience with these UK Pensions being sent into a WISE Account. I guess the DWP is the same as a State Pension and if so fhen no problem? Left the UK in 1980 so have lost touch with most things.

I am a British Citizen retired and living in Thailand for several years and I pay tax to both Thailand and Norway. My home address in Thailand is registered with the tax authorities in both Thailand and Norway. I have very recently received a letter from Danske Bank Norway stating that my Bank Account and Bank Cards will be cancelled on 8 November and that I need to find a new Bank. I have been a loyal customer with them for 24 years the reason they are giving for this is that Nordea Bank in Norway is taking over Danske Bank Norway and that my account is not included in the sale and this is very upsetting. They have not provided any other information so I have taken this issue to the highest level in Danske Bank Norway Country Manager also CEO in Denmark) and complained as previously they informed me that I would get a new Bank Account and Cards in Nordea Bank Norway. Can any other Members recommend another financially strong overseas Bank that I could open an account with easily and use for sending my 5 Pensions into (3 from Norway and 2 from the UK) and then when required sending money from this New Bank into my Bangkok Bank in Thailand. Would WISE be a possible good choice to suit my needs and easy to open? Many thanks in advance for any help

I am a British Citizen retired over 65 years of age and happily married to a Thai woman. I receive some small pensions from the UK that are well below the tax free threshhold in the UK and these are sent to my Bank in Norway where I worked for 32 years. I also receive State Pension and private pensions in Norway. I am tax resident in both Norway and Thailand and pay tax to both countries which I have done for several years. Last year I sent approximately 710 000 THB to Thailand and paid approximately 6 000 THB and I normally receive all tax paid in Norway (expected paid back in August) back because of the Double Taxation Agreement. I use a Norwegian Tax Lawyer residing in Thailand to help me with my Norwegian Tax Return and I do the Thai Tax Return myself (I get the local Thai Tax Office to fill it out for me) which works out great. This year I will be sending maximum 1 200 000 from Norway to Thailand and the expected Thai Tax on this will be approximately 70 000 THB. We can live quite comfortably on 500 000 THB per year the other funds cover holidays, health insurance and other goods. Which I believe is quite reasonable and am prepared to pay. I have stopped stressing about the tax changes here starting 01 January this year. Here is a Link to a Thai Tax Calculator which I have found to be quite accurate over the years. https://en-1466.site-translation.com/thailand/tax/4742.html I wish all Members best wishes with your tax here and in other Countries.

Sheryl could you please elaborate on the special deduction for pension income many thanks in advance.

Many thanks to all members for very helpfull input. Before I started providing my wife with small monetary gifts we made and signed an agreement regarding the reasons for the gifts, conditions under when they will be made, confirmation that the gifts can be used by my wife for whatever purpose she sees fit (so far she has helped her family and bought gold) and also confirming that all GIFTS TO MY WIFE would only be remitted from overseas on funds that have previously been subject to tax in the country of origon. Due to the Double Taxation Agreements between Norway and Thailand I have always legally received all tax that I have paid in Norway back.

I am a British Citizen very happily retired in Thailand for many years and very happily married to a Thai Lady. I will shortly be receiving some Iheritance money sent from the UK to my Danske Bank Norway account. I pay tax on my pensions in Norway as I am tax resident due to my daughters owning property there and I am also tax resident in Thailand and pay tax here also. My question is do any Members know if the sending of 1 million THB in a single transaction from Norway to my wifes Bangkok Bank Account as a GIFT TO MY WIFE will raise any red flags with the Bank of Thailand or with any other Institutions here or anyway else. I have previously sent GIFTS TO MY WIFE of much smaller amounts several times however the total yearly amount has always been considerably less than the 20 million per year Thai Tax Revenue Department Limit. Many thanks in advance for any help.