Dene16

22 minutes ago, denby45 said:

Oh dear instead of apologizing to the OP for giving misleading advice you then give another statement (which is correct this time) and act as if it qualifies your earlier completely incorrect statement. Then you have a go at me for giving biased advice. 

Deary deary me, another old grump that needs his argument for the day

Having re read my statement i fail to see your argument.

No where does he mention a draw down pension, only requiring a certain sum of money (unknown)

When the government changed the law i met many people who then thought they could change their pension, even though they had already started drawing on it

My statement dictates that he has options other than a draw down pension(I know i did not say that directly but presumed that was obvious) as he would have 25% tax free

Very sorry if that was not in your ability to comprehend as you seem fairly articulate

I could of gone into it with a fine tooth-comb as i was made redundant from a very large company,thus had to sit through a multitude of seminars including the HMRC to determine all our options 

8 minutes ago, denby45 said:

You claim 25% tax relief every time you do a draw down. It has absolutely nothing to do with "if you have not drawn down on them" Please don't give advice if you don't know the facts.

It does hot change the fact that he can claim a 25% tax free lump sum on the whole sum regardless of draw down or not

I do know the facts as i am in the process of doing it now

If you cannot give unbiased advice don't give it

Thank you barry1312 for making it clearer

you should be able to take 25% as a tax free sum on each pension if you have not already drawn on them.

Antonymous has assumed you will take a draw down pension, nothing  he says is incorrect but you may not need to do it in this manner

It may well be the best way to do things but after you have taken the tax free sum

Not sure about claiming the tax back

1 hour ago, sometimewoodworker said:

No the new pension requires 35 years 

Sorry you are correct, I keep thinking this as they told me i could provide another 6 years contributions to increase my pension  even though i was contracted out (although haven't  they indicated they may increase it again )

On 20/02/2018 at 10:05 AM, Mattd said:

in which case it is a minimum of 10 years to qualify and 30 years to get the full pension, more than 30 years can get more per week.

The latest requirement under the new scheme requires 36 years of NI contributions. Anyone under the old scheme can continue to contribute to gain the larger payment of £150/160 per week ( even if you were contracted out )

1 hour ago, smotherb said:

If that is how you live anyway, perhaps you will be able to make it; like the poster who claim you have plenty.

From many of your previous posts explaining how your could not live on such meagre sums i actually feel very sorry for you. 

I can also concur that the sum of monies is very adequate as i know quite a few that do so on a lot less and have a very fulfilling life.

For once in your life get off your high horse and except that not all people need to wake up each morning and get into their Fortuner/BMW and wonder what their going to spend this months million on

16 hours ago, StephenB said:

Surely I am not the only one with this problem?

i left some good good quality boxers, different makes, in my draw in the UK and forgot about them (brand new or used once) went to use them about one year later and the elastic just stretched out of shape and had to throw them away. Obviously the elastic is not designed to last in modern day close fitting  boxers. admittedly my BHS  boxers have lasted years but they are the old style loose fitting boxers, I don't think the elastic is designed to last in all boxers these days

On 03/02/2018 at 8:24 AM, Moonlover said:

I ride a Click myself and I'm not ashamed to say I ride a scooter. It is my first scooter, after many years riding motorcycles and I have great fun on it.

I also ride a click and around town it is far more suited and fun than a PCX will ever be.

As i have stated everything has a place i suppose. For a long journey a PCX/NMAX etc is where it can probably hold its head high where grandad (no offence intended)can get in his motorised armchair and pretend to be a proper biker.

I also own a CRF with many mods,anyone that claims this is a good off road bike needs their head examined, ok for riding over a few little bumps here and there but for your ageing plodders it ticks all the boxes.It will have to do until i find something more suitable. 

22 hours ago, ToddinChonburi said:

You really need to get out more the PCX is very popular with Thai's.   Spotted a little old lady buzzing down the road last week on a Forza. 

21 hours ago, jackdd said:

It seems you missed the last few years. A few years ago, when i also bought my PCX, the PCX could be indeed called "farang bike". But by now it seems to me that most Farangs go for the, in my opinion too, better Nmax. Today you see a lot of Thais on PCX, and especially buying new PCX,

There were bound to be a few disjointed owners. Of course you see loads of thais on PCX's now. Where do you think all the ex rentals have gone? I have only seen 1 maybe 2 PCX's in the last 2 years in issan.

Each to their own and i suppose every thing has a place somewhere. I rode one about 3 years ago when a friend hired one (took it back 2 days later and swapped it) It was about as exciting as a damp cloth, and like riding an armchair around but with more grunt, pretty much useless around town compared to to your proverbial Honda click etc 

Could be right about the Nmax as i have not been to any tourist places lately but very much the same styling and attracttion

13 hours ago, britishjohn said:

This is also on the Thai embassy website:  "Copies of bank statement, criminal record, medical record and marriage certificate must be certified by a Notary Public officer or solicitor"

 

Does this mean if I send in the originals I don't need to take the documents to a legal firm for certification ?

Make sure all your documents are correct before you take them to the embassy in London it could be a long double trip  if they are not correct 

I made a mistake by printing off my bank statements without my address on them and they were refused. Had to do the whole trip again

Your documents need to be signed by a solicitor (please note: they do not need to be notarised ) Notarised (different meaning in USA) just means signed by a solicitor and should only cost about £15 - 25

Not sure what someone else is talking about but an OA visa can only be applied for in London or country of the applicant

Yes you will need a medical, basic police check, proof of funds/pension

Once you have the visa you will have one/two years to get a Thai bank account for the money seasoning 

2 hours ago, catman20 said:

i was 60k sterling up after a few years and after a few more years they kept taking their commissions , i could not take my money out cos of penalties in the end i got out all money back no penalties and after about 7/8 years walked away with 3,000 sterling profit, on a 700,000 investment.

well done for for letting people know the possible pitfalls that can befall them.

Just because some have been lucky to make money does not mean they will be the same

The possible consequences are too dire to risk

10 hours ago, HauptmannUK said:

I have been offered early retirement, so relocation to Thailand is a possibility.

I have nearly the exact circumstances as yourself( you have a very good pension by today;s standards) Got made redundant (age 50) with good payoff and early retirement package. slightly smaller pension 60k and 160K with my 25% in 2 months time House that i rent out,  but with the option to rent out the one i live in.

Worked in a workforce of over 2,000 and every year saw at least 2 people i knew die just before or after retirement ( Always said i would retire early so it did not happen to me) 

I have a school class reunion approx every 2 years (2 dead, 2 likely to be in a wheelchair before they are 70, 1 diabetic), From a class of 30

I can assure you that you will live very adequately in issan on your pension but both and  your wife must know that anyway

Each to their own but could you live here all year round, i for one, cannot

The one thing i will say is do not put all your eggs in one basket. 

People keep mentioning off shore accounts but to my knowledge interest rates are not that good and only good for avoiding paying tax on wages

I have had to change the way i invest over the years but look to see what good investment funds are out there obviously there is a risk but my funds have provided anything between 5% and 15% i have also invested in peer to peer lending which will give you a rate of at least 4.2%

Not sure i agree with someones idea to sell and buy another property as you are tying up your money which you may want easy access to later but has its own merits in other ways

As for someones idea to carry on working? all i can say is do not waste the chance you have been given.

9 hours ago, soalbundy said:

Is there a potato shortage in Thailand? In Tesco-Lotus (Surin ) the staff say they haven't had a potato delivery for 3 weeks

Big C (Surin )stacked to the brim only yesterday

I agree with pest unless its industrial no jet washer will last whatever the manufacturer. I used to repair things at work for the workforce when i had little to do. Every man and his dog would want to get me to repair their jet washer after only just over a year(past warranty) and used just 2 or 3 times. If you could fix it something else would go wrong shortly after. Buy the basic for your needs and discard when it breaks and buy another

4 hours ago, GarryP said:

It was some of the other posters who are talking about village temple funerals and having to pay 100,000 up. 

My GF pays for insurance/life insurance to cover the cost for her parents funeral as she has always stated that the cost will be 100000 baht up. (a typical 5 day village ceremony). Supposedly shared with her brothers but i believe i am paying all of it 

The insurance only pays out 6 months after the funeral or only 50% before and 50% 6 months later.

12 hours ago, ftpjtm said:

Where should I go to see some interesting sights and tranquil scenery by day, and return to western comfort by night?

I for one think issan has absolutely nothing to see.Been to one market been to them all, been to one temple/wat been to them all, etc

What it does have is wonderful people and some farangs that have embraced the issan way of life.

It has to be said that it can be extremely boring unless you can find something that you can occupy yourself/keep yourself busy doing( for me it is my son).

Joining in with locals in all events is a must to stay sane but very enjoyable. I don't speak Thai (must start to learn) but we all muddle through

I also do not like most Thai cuisine and like to cook western food and give it to my thai compatriots to sample as they do to me

Played for the village football team last year and now lots of thai's recognise me when i ride around the area on my bike and say hello

Living there is definitely not everyone's cup of tea and if single only good for short periods of time but as someone has stated most places have one or two good hotels

29 minutes ago, sanemax said:

She had already agreed to and received 900 000 Baht in compensation

Liability has been accepted and an agreed compensation paid

Case closed .

Harsh but true which is probably why all avenues have already been exhausted

3 hours ago, shaurene said:

Have a word with the server. I am with IAS. IF I keep topping up, say 20bt each week or so and wait till you get a long valid date.

I have been out of thailand 7 months i went to AIS to ask them how i could do this.

They put about 7 transactions of 20 baht on the phone, each one increases the valid until date i was good for about 9 or 10 months still get AIS sms from thailand on it

The problem with the Brexit /EU debate will continue to be a conundrum until we we have left

Figures, as i was always taught, can always be manipulated one way or another 

Some of the worlds best economists and politicians will argue one way or another and depending on where you are getting your material from can push you one way or another

In the end you come to your own opinion but no one can be deemed incorrect or correct until it happens

Therefore i am staying out of the debate but one certainty is that a 'no deal' will have dire consequences on the strength of the pound. No economist will argue against that