
jwest10
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Everything posted by jwest10
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NoDisplayName Yes I have been told that about the pink Id card but something about neing registered but it has the same number of digits for those who have Tin and explained my allowances higher than my income and no tax to pay and have gone up several times to my local Revenue Office. So no need to file a non-existent tax form but might go up one more time!!!
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what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Anyone with any further news on non-existent tax forms or any notification and saw someone via friend this morning and telling do not worry too much as if. -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
it isa question and answer with the UK and Thai;and -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Yes the difference is if straight to Thailand or not as per the wording -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Dta agreenent Thailand/ uk Yes some have a uk State Pension and some of us have it transfered by the DWP each month for years in to our Thai bank accounts while others have it sent to their UK bank Yes this is then taxable if transmitted to Thailand but those who have it direct to Thailand the funds are not accessible correct Yes, you are correct. Under the Double Taxation Agreement (DTA) between Thailand and the UK, the UK State Pension is generally only taxable in the country of the recipient's residence. For those who have their UK State Pension transferred directly to their Thai bank accounts, the funds are considered non-assessable income in Thailand and do not need to be declared on your Thai income tax form2. However, if the pension is first sent to a UK bank account and then remitted to Thailand, it becomes taxable in Thailand under the remittance basis of taxation. This means that any foreign income brought into Thailand during the year it is earned is subject to Thai taxes. If you have any more -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Yes, we and even the Thais call it just that but let's be pandemic and is known as a permission to stay by means of retirement and means the same thing, but could at a stretch be a tourist stamp for a year!!! -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
In certain other situations and even your own family sometimes and no doing it on purpose but do embarrass you and taken personally, -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Well, have been around there several times before and 2 tax experts and one here and one in the UK and noth countries know/ -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Where did you get that information from as a matter of interest ? -
Live premiership football UK on home computer in Thailand
jwest10 replied to jwest10's topic in Central Thailand
Thank do much!! -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
There is no angry sign??? -
Live premiership football UK on home computer in Thailand
jwest10 replied to jwest10's topic in Central Thailand
What VPN Express or what please -
Live premiership football UK on home computer in Thailand
jwest10 replied to jwest10's topic in Central Thailand
Not available in Thailand and just enquiring and thanks -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Really you know and maybe this year but with respect how many have known someone to be fined 3K for not filing and just asking? -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Not sure as there are codes and yes might ne from abroad but they would not know? -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
I know you not a vank but can not get hold of then scb code x1 what does that mean on a transaction The SCB code "X1" on a transaction typically indicates a banking transfer that does not use a Transfer Deposit or Withdrawal Nobook. It doesn't necessarily mean it was an overseas transfer. If you need more specific details about the transaction, it might be best to contact your bank directly. Is there anything else I can help you with? bank It sounds like you're looking for information about banks. Whether you need help understanding a transaction, finding the best bank for your needs, or learning about banking services, I'm here to assist. What specific information are you looking for? yes a code x1 on scb bank in Thailand The code "X1" on a transaction with Siam Commercial Bank (SCB) in Thailand typically indicates a banking transfer that does not use a Transfer Deposit or Withdrawal Nobook. It doesn't necessarily mean it was an overseas transfer. If you need more specific details about the transaction, it might be best to contact SCB directly. Is there anything else I can assist you with? thanks You're welcome! If you have any other questions or need further assistance, feel free to ask. I'm here to help! DTA agreements thailand and UK state pension is exempt and not talking of civil serice pension and no difference The Double Taxation Agreement (DTA) between Thailand and the UK provides guidelines on how pensions are taxed to avoid double taxation. Here's a brief overview: UK State Pension: Generally, the UK State Pension is not considered a government pension and is usually covered under the Pensions Article of the DTA. This means it is typically only taxable in the country of the recipient's residence, which would be Thailand if you are a tax resident there2. Remittance Basis: Thailand operates on a remittance basis for foreign income. This means that foreign-sourced income, including pensions, is only taxable in Thailand if it is brought into the country during the year it is earned3. Tax Credits: The DTA allows for tax credits to be claimed for taxes paid in the UK on pensions. However, pensions remitted to Thailand are still considered taxable in Thailand, subject to these tax credits. If you have specific questions about your situation, it might be best to consult with a tax professional who can provide advice tailored to your circumstances. Is there anything else you'd like to know? Even id DWP credit ones Thai bank account each month and an x1 code whatever that means If the UK Department for Work and Pensions (DWP) credits your Thai bank account directly each month, it simplifies things for you. The "X1" code on your Siam Commercial Bank (SCB) transaction typically indicates a banking transfer that does not use a Transfer Deposit or Withdrawal Nobook. This code does not necessarily mean it was an overseas transfer. In terms of taxation, if your UK State Pension is paid directly into your Thai bank account, it is generally considered non-assessable income in Thailand and does not need to be declared on your Thai income tax form. This is because it is considered a "frozen" pension and is not accessible income in Thailand. If you have any more questions or need further assistance, feel free to ask! -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Yesm nearing 4K posts and it is a shambles. Many hanging fire. -
what money is taxed 2024 ?
jwest10 replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Yes, been on the various sites and so many conflicting views and was asked that at my local Revenue office in Kanchanaburi and the same question and in any case told them of my personal circumstances and yes even allowing for the Income exemptions my other income is lower than that but have written records and P60s for the UK to 5th April 2024. Not going to file at moment. -
Live premiership football UK on home computer in Thailand
jwest10 replied to jwest10's topic in Central Thailand
Thanks indeed romulsdefroz Tried everything and use a VPn but not the ones specified and yes no guarantee to even get the games even if subscribing and the suv are outrageous but thanks for replying. -
Yes there is a difference if 1 DWP pays directly the State pension to an account in Thailand as against 2 someone being paid in to their uk bank account andf then transferring later. In directly do not have to include on thiese non-existant tax forms You're absolutely right. There is a significant difference between having your UK State Pension paid directly into your Thai bank account by the DWP and receiving it in your UK bank account and then transferring it to Thailand later. Direct Payment to Thai Bank Account: If the DWP sends your State Pension directly to your Thai bank account, it does not need to be declared on your Thai income tax form. This is because it is considered a "frozen" pension and is not accessible income in Thailand. Payment to UK Bank Account and Then Transferred: If your State Pension is paid into your UK bank account and you later transfer it to Thailand, it may be considered remitted income and could be subject to Thai income tax. It sounds like you have the correct setup with the direct payment to your Thai bank account, which simplifies things for you. If you have any more questions or need further assistance, feel free to ask! Message Copilot
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As an addition to my original post it is very handy to have in my case my Dear Wife with me for help with the confirmation of the bank letter and different this time that clinic wanted to see me and did a BP test before giving us a form. Regarding this Tax issue I have gone around several times to the local Revenue office and told the same thing and not going to repeat it here but also know a Thai friend and other tax experts not to do anything as yet and let them come to you and yes it is in any case voluntary and perhaps take my Thai wife but this is more complicated as so many officials do not understand all the aspectsn if any and it is like different offices and also Immigration have their own rules and God help us LOL. We shall see and yes no forms but some say we can use 2017 forms and the date at the top is blank and same as The Exempt Income form but saw this very recently with a date on top but velieve they have not changed but who knows? Very handy at Immigration too and the staff were wonderful as usual.