
sandyf
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Everything posted by sandyf
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That is too generalised a question. HMRC told me I do not need to file a tax return, they just collect the same tax every month. Why would it be out of the question for the RD to have a similar policy? I suspect the majority of pensioners have no liability so little point in making a return. Best advice is to wait for further clarification.
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The "why would they scenario" only applies to a certain part of the expat community. Certain visa types already have to provide tax information as part of the visa process, others have tax exemption from their visa. Why would they chase the Non O category when the chances are that they will get very little. In most cases it would be time and effort for no gain.
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Under Consideration - 2 months
sandyf replied to connda's topic in Thai Visas, Residency, and Work Permits
I went on 12the Dec with visa extension expiring on 1st Jan. Return date was 10th Jan but had contractors at the house so went on 14th for final stamp. -
Under Consideration - 2 months
sandyf replied to connda's topic in Thai Visas, Residency, and Work Permits
Indeed. I have recently had my 6th in about 8 years, and that was done on the day of application. Got home about 3pm, home visit came at 4pm, didn't help the processing any. Always something different, this time it was witnesses in the photos, good job they live next door. -
Under Consideration - 2 months
sandyf replied to connda's topic in Thai Visas, Residency, and Work Permits
It is not out of the question, mine also goes to BKK and last year it went from the Fri to Wed for collection. When my wife asked about the delay she was told it was due to immigration having to check the financials on agent applications more thoroughly. Agents may have been busy following the holiday period, combined with the introduction of e-visas in neighbouring countries. -
Guidance please on Non O application from UK
sandyf replied to Wyabcp's topic in Thai Visas, Residency, and Work Permits
You didn't read what was posted. You responded to a reference by the OP to the guidance from the embassy on E-visas, nothing to do with extensions. The embassy should refrain from posting the Thai requirements, every time it gets mentioned someone gets the wrong end of the stick and starts talking about extensions. This is what the OP was asking about. Financial evidence showing monthly income of no less than 65,000 THB (£1,500) or having the current balance of 800,000 THB (£18,000), e.g. bank statements, proof of earnings - Applicant’s recent official UK/Ireland bank statement shows your name, address (Screenshots are not accepted). For monthly income of last 3 months no less than £1,500/ month. https://london.thaiembassy.org/en/page/retirement-visa -
Thailand Faces Record Low Births, Sparking Population Concerns
sandyf replied to snoop1130's topic in Thailand News
Bit of a narrow minded perspective. More to do with female education and liberation, some are more interested in a career than a family. I have 2 Thai nieces, both been to uni, one is a doctor early thirties just been sponsored for a 3 year training course. No interest in getting married far less having children. The other is early 20s and works for an event organiser, too busy travelling to have any sort of home life. It is no coincidence that the highest birth rates are in countries with poor education. -
Guidance please on Non O application from UK
sandyf replied to Wyabcp's topic in Thai Visas, Residency, and Work Permits
You are out of context, an E-visa can be obtained in the UK based on income. I know someone who does it every year on his pension. Also in Thailand the absence of an embassy letter does not rule out the income method. -
Guidance please on Non O application from UK
sandyf replied to Wyabcp's topic in Thai Visas, Residency, and Work Permits
I have returned to Thailand a few times with new visa on the return leg of a 2 way ticket, not a problem. When you come to make the application it may say a bank statement or proof £10,000 is required. This is a left over from the days of the 1 year ME visa option, many have got the visa on much less. I believe someone was told by the embassy that something over £1000 was required for the 90 days. The funds for the visa can be located anywhere, be careful not to get distracted by the requirements for an extension which for some reason have appeared in the guidance. When you make the application there are a set of questions that you will need to upload an answer. If you have difficulty or unable to answer, write a note to the effect and upload that. You cannot move on to the next section if there is an upload missing. Good luck -
Is the harsh criticisms of Sir Keir Starmer fair and justified
sandyf replied to Rimmer's topic in Political Soapbox
I lived in Sheffield when the Rotherham situation came first hit main stream media in the early 2000s, although there had been rumours for at least 10 years previous. I can remember statements in the local press from the police admitting that they not followed up on some cases for fear of being accused of racial bias. It should be fairly obvious that those suspected of breaking the law cannot be protected by other legislation, but politicians of all persuasions have been very reluctant to address the issue. Labour were in government at that time and not surprisingly want to steer clear of the fact, after all it was a labour government that introduced the Race Relations Act. -
what money is taxed 2024 ?
sandyf replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
It is you that should do the homework The English language allows for a Non O immigrant visa based on retirement to have an abreviated adjective and can be referred to as a "retirement visa". -
Exactly. Back in 2014 Immigration decided to take a hard line on border runs, this is a comment made at the time. "The changes have caused widespread confusion among foreigners in Thailand with specialist websites such as Thai Visa running lengthy updates on them. Some posters on the site's forum claim they are already being denied visas at some northern checkpoints, despite Pol Lt Gen Pharnu saying the crackdown will not come into effect until Aug 12." Please credit and share this article with others using this link: https://www.bangkokpost.com/thailand/general/410342/border-insecurity-mounts-as-tourist-visa-abuse-is-targeted. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. Within days, not weeks or months, the government asked immigration to take a more flexible approach and the 30 day extension came about. The RD have only clarified how the existing rules should be interpreted but there are those with a vested interest in scaremongering and should be ignored. Those that have a tax liability should already be paying and highly likely nothing will change for those who haven't.
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Meet Wise Interest
sandyf replied to CallumWK's topic in Jobs, Economy, Banking, Business, Investments
https://www.blackrock.com/cash/en-gb/products/229239/blackrock-ics-sterling-gov-liquidity-premier-acc-t0-fund -
what money is taxed 2024 ?
sandyf replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
We can only assume English is not your first language. -
Meet Wise Interest
sandyf replied to CallumWK's topic in Jobs, Economy, Banking, Business, Investments
"Currently, you can choose Cash, Interest or Stocks." https://wise.com/help/articles/3luodUQFD9YWzNc8PvIfVK/holding-your-money-as-stocks But not available to everyone at this point in time. EEA Interest is available to consumers and businesses that are residents in Estonia, Finland, France, Hungary*, Netherlands, and Sweden* and is subject to applicable rules and regulations. Stocks is available to consumers and businesses that are residents in Estonia, Finland, France, Netherlands, and Sweden* and is subject to applicable rules and regulations. https://wise.com/help/articles/31thpWvBl38OL54poT6VAE/who-can-use-interest-and-stocks?origin=related-article-GDxZxemd21yDVP4TQmdDJ -
Is the harsh criticisms of Sir Keir Starmer fair and justified
sandyf replied to Rimmer's topic in Political Soapbox
The one point I wouldn't hold him out to dry on is another enquiry. We have known from 2011 what the problem is and we don't really need to spend more time and money on proving it. The tories stuck their head in the sand and labour failed to take the initiative as soon as they took office, now paying for that mistake. Bottom line is they are a bunch of hypocrites, claim to be the party for working people but no interest in those that have been working people. Those that have never contributed to the economy get more consideration. -
What will happen will depend on the circumstances. As has been said if you make a payment for goods in a currency that you hold on the Wise card there will be no fee, as transaction fees are paid by the merchant. I have come across companies that will increase the price if you pay by card to cover that fee. If however the transaction is processed in any other currency there will be a small conversion fee. For example you have GBP, EUR and USD available and you make a purchase in EUR and there is insufficient EUR balance to cover the amount, Wise will take the difference from either the GBP or USD balance, which would mean a currency conversion. Cash withdrawals are a different matter. Wise will allow 2 withdrawals a month up to £200 without fee, fees would be applied to withdrawals outside the allowance. It should be borne in mind that ATM's may impose a fee from the provider which has nothing to do with Wise. I believe all ATM's in Thailand have fees imposed by the provider, some a bit cheaper than others. I have had my card for some time now and find it invaluable when travelling, getting a beer in a foreign airport has become so much easier and cheaper. With my UK bank card, faced with a non sterling transaction fee an their version of the exchange rate.
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Meet Wise Interest
sandyf replied to CallumWK's topic in Jobs, Economy, Banking, Business, Investments
Indeed, but the OP asked for comments without saying anything about Belgium or taxes. I believe the poster you replied to was referring to your comment about Thailand which was obviously wrong. You are not in a position to say which tax residency would be applicable to the account concerned. My account is UK and I have had the interest jar since it started and there has been no withholding tax. I also have also had the stocks jar for over 3 years and there has been no mention of tax. I was asked to confirm tax residency on both jars when opened, I have dual tax residency so for Wise it would be the UK. As far as I can remember the interest has been in the order of 4.2% during it's time, better than the 4% on my HSBC bonus saver. The stocks got of to a bad start with negative growth in the first year but last 2 years or so growth has been quite steady. -
Indeed. I lived in Sheffield at the time the Rotherham scandal broke and there is little doubt the police held back for fear of accusations of racism. Successive governments have struggled to deal with the problem, but it is a UK problem. The US tends to use brute force to solve problems and I can't see that working out very well.