scottiejohn

One of my Can anyone please answer what I asked? "Was/is there a new law regarding statements must be provided for Fixed deposit accounts?" BKK CM say that they can only give me the standard letter of the actual day's balance and an updated passbook. Fixed deposit accounts run from the date of their renewal, in my case May (since 2016), so an annual statement in March is not possible according to BKK! BKK say it is BS and say there is no such thing as an annual statement for a fixed deposit account out with the dates of the account's savings rate renewal! There is of course proof of continuity via the passbook! This is stalemate!

Please note that this article is dated 4 Aug 2023 and is talking about intentions and NOT current law as I have discussed above! I repeat my point about a pending general election! If it were to become law then I suggest that first you look at the status/legality of the link and secondly take from that link this very important point; HMRC cannot issue a third-party notice without the permission of the taxpayer or the tax tribunal. However, HMRC must demonstrate that the information sought is “reasonably required and will help the investigation in one way or another. Conclusion A notice from HMRC will have to be approved by a tax tribunal, an independent body that is responsible for any appeals against HMRC. In plain English the inspector needs an order to get information! He cannot just access a bank account without authorisation!

You are neither humorous nor helpful in a serious subject I see!

Please provide a link to the statute which states that what you say is actually in law WITHOUT A COURT ORDER! In the case of personal individual/joint accounts the UK at this time!

And the chances of being passed by this government are zero IMO! Hint! a general election!

So why did you make your post?

Exactly. Please read my post again! where I said; "I am not making any comment on the legality, or otherwise, regarding claiming pensions whilst in Thailand!"

Thailand did not sign up until 9/12/22 so there can be no retrospective info passed to outside governments before that date! How they handle that info now is not in my current sphere of expertise. (it used to be b4 I retired)

OOPS! Thanks I just changed it to Dec 2023!

You are correct! I am not making any comment on the legality, or otherwise, regarding claiming pensions whilst in Thailand! I am contesting some very strange views about the ability and legality of the UK authorities accessing and linking a private person's BANK/passport and pension details/accounts! i.e. the LEGAL link between DWP/HMRC and a persons private bank account! The proposed new law is I believe irrelevant as it is unlikely to happen before the forthcoming General Election!

Only by court order! That is the present law! Please remember you are getting stuck up with a draft bill, last discussed in December 2023 which in it's present form has no chance of getting thru the House of lords and has little or no chance of getting thru all it's stages before the General Election! As I have said before "cool down" it ain't going to happen this year!

That is against the law. They must get a court order! I admit it is very easy but it MUST be on a case by case basis with some foundation!

Am getting very confusing info re docs for retirement extension in CM using legal 800,000. It has been in a fixed deposit account for many years! I am now being told by some IO in CM that the LAW changed in January and that I must produce an annual Statement for the fixed account even though I have only ever provided the letter and updated passbook in the past! (I asked BKK and they said annual statement for fixed accounts run from account update/renewal and not for the past year!) account is continuous but upgrades/downgrades every year in May but extension due in April!! Does anyone have a list in English of what is NOW required as I have just been told I need a I year annual statement from the bank (BKK). in addition has anyone seen this new regulation issued in January this year?

Please read my posts above! They can only do so on an individual legal case! It is NOT a blanket "get everyone" law/act!

Of course they can gain legal access to a private banks account but ONLY after an individual legal review if a private account! As you said "having been subject to a tax investigation a few years back, I know that HMRC can look into your bank account" They must have had due cause! IF NOT SUE THEM! PS; Did you sue?

That is probably how they got caught/penalised!

UK banks cannot legally disclose any personal details to outside authorities unless covered by a legal injunction/requirement. There are many legal frameworks where a person's transactions are transmitted to outside authorities; e.g. 10,000 Pound overseas TX, FACTA, banned/restricted country TX's (IRAN/Russia etc) and other sanctions are obvious ones. These are covered in law/acts of Parliament! BUT no individual or UK authority can get access to a UK personal account without court sanctioned authorisation. Business accounts are a bit different!

As the boy never existed and I doubt if a human Dyke let a boy put his finger in said human Dyke what is your dam point?

It would really be funny until we remember that the [Trump] it supports could become POTUS! 😷

So you agree that there is NO automatic digital exchange between the DWP/HMRC! They can of course share ANY information by whatever means are at their disposal but they CANNOT do it on the whim of a clerk! They must have just legal cause etc!

And were they perchance making any other claims/benefits other than the basic pension?

And nothing has changed since 6 Dec 2023 even according to your links!

To the best of your knowledge can you state that the DWP and HMRC systems are totally compatible and that they can legally access each other's data bases without a legal reasonable cause? If so I would love to see some evidence!

A work in progress is not a present day law. As I said earlier your crystal ball is no better than mine. Can we please stick to the law and systems in place today, Not "What If's"

Where are they?