Mike Teavee

Non-UK Tax Residents have never been able to add additional funds... [This was made clear to me by my ISA Provider (Barclays) & PWC when Barclays moved me to Singapore in 2008]. https://www.gov.uk/individual-savings-accounts/if-you-move-abroad

QROPS are treated like any other pension distribution except most are in countries that do not have a DTA with Thailand so you wouldn't have any Tax Credits you could use to offset against Tax owed in Thailand. There is no special treatment of Tax Free accounts like ISAs so anything coming out of them (Dividends, Interest, Capital Gains etc...) will be treated as assessable income just like it would if it came out of a General Investment Account & again, you wouldn't have any Tax Credits to use against Tax owed in Thailand. As an aside, are you still Tax Resident in the UK? If you're not then you are not allowed to Open new ISAs or add anything to existing ones.

Wasn't that just a Covid thing so went away along with compulsory PCR Tests & the one night mandatory isolation etc...?.

Even if you're Non-Tax Resident (Which I am) They will still deduct tax on any income you earn in the UK (Which they do to me). You can avoid Withheld tax by registering as Non-Tax Resident with your Bank & HMRC (E.g. NRL - Non-Resident Landlord for rental income) BUT your pensions will always be taxed in the UK unless you apply for an "NT" Tax Code which are very difficult to get when your country of residency is Thailand. Edit: I'm guessing you don't complete a UK Self Assessment Tax Return each year as one of the questions on there is something like "Number of Days spent in the UK" & if this is less than 16 you are automatically a Non-Tax Resident.

It's "Automatic" as far as HMRC is concerned https://assets.kpmg.com/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf but your Bank cannot know that you're Non-Tax Resident as they don't know where you're spending your time so they rely on you to tell them or will sometimes look at the activity on your account & ask questions. Couple of weeks back Barclays flagged a transfer to Wise & tried to contact me on my UK number & when they couldn't contact me on it, they froze my mobile banking. Called the contact centre from my Thai mobile explained that I was travelling around Asia for a few months so didn't have my UK SIM in my phone & they unfroze things.

As long as they give you a copy of their ID then you can just do it yourself or get an agent to do it for you (500THB). If they won't give you a copy of their ID then Run Forest Run...

I live in Wongamat so when I went to the Jomtien Tax Office I was told to go to the one in Naklua who were reluctant at first to give me a TIN so I told them (lied) that I was looking to purchase a couple of properties & would need one to pay property taxes & tax on the rental income. Of course, when I went to file my 1st return at Naklua, they tell me I have to do it at Jomtien 😕

I find https://matrix.itasoftware.com/search offers the most flexibility when searching for flights (although it's supposed to have been replaced by Google Flights I still find it better), but it is not a booking site so once I've found the flights I want I go to the Airlines home page to book direct.

Might also be of interest/use to anybody who is already living in Thailand but plans to spend some time outside of Thailand as a Non-Tax Resident...

I don't think the UK is like US as if you're not Tax Resident in the UK then they have no interest in any income you earn outside of the UK and if you have no income coming from the UK then they have no interest in you at all. Although more complicated (UK uses number of days in the UK + how long you've been out of the UK + the number of "Family Ties" you have to the UK) at it's core it's not that much different from Thailand in that >182 days in the UK you are automatically Tax Resident & <16 days you're automatically non Tax Resident - Between those it depends on how long you have been Non-Tax Resident & how many "Family Ties" you have. Flowchart showing how UK Statutory Residency Test works... https://assets.kpmg.com/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf

Quite a funny money, loosely based on a True Story... Masterminds https://www.imdb.com/title/tt2461150/ A guard at an armored car company in the Southern U.S. organizes one of the biggest bank heists in American history. Based on the October 1997 Loomis Fargo robbery.

Renewed my Wizz TV subscription on Saturday (was updated within 30 mins) so you can add me to the list of people praising the service. I mainly use it to watch TV series & UK free-2-air channels so can't comment on the sports or PPV but I have never had a problem with buffering (Internet Provider is 3BB 1GB/500Mb & I run the app on a MeCool KM2 box).

It's 10 Million per year (Not lifetime allowance) BUT the burden of proof for sending Gifts to a non-relative/spouse is likely to be much higher (i.e. you will likely need a reason to send the Gift like a significant date/event etc...) Edit: Do note that there are a lot of discussions in the other Tax threads where some guys (& a number of the Tax "Experts") believe that you (as the "Gifter") could still be liable for Income Tax on the Remittance so the safest approach is to make the Gift outside of Thailand and then have your Partner remit the money to themselves.... I know, not easy if your partner doesn't have a Bank Account in your home country.

If they implement NIT (Negative income Tax) then all Thais who earn more than 1THB will be required to file a Tax return so I can see how Expats could get caught up in this & also be expected to File a return (I can't see them giving us any extra money if we're on a very low income!). https://www.bangkokpost.com/business/general/2855752/a-closer-inspection-of-negative-income-tax If the NIT system were to be implemented in Thailand, the tax filing requirements under Section 56 of the Revenue Code require amendment. The amendment should state that anyone earning even one baht must file a tax form, ensuring that everyone enters the tax system, while granting the Revenue Department the legal authority to verify individuals' income.

Around about 26:45 in he mentions a statement (presumably from TRD) that says something like "If income is not taxed in the country you/it came from with a DTA it will not be taxed in Thailand"... 1st I've heard about this & Google brings nothing back to support the claim, has anybody heard anything like this before as it would make a huge difference to the Capital Gains discussions.

Stumbled across Death and Other Details https://m.imdb.com/title/tt15439048/ Quite a good watch. Also, not sure if it’s been mentioned already but am hearing good things about Kaos so have that lined up next. Kaos “A modern day contemporary retelling of Greek mythology”. https://m.imdb.com/title/tt8550732/

You cannot enter Thailand Visa Exempt if you have a valid Visa in your Passport BUT this doesn't matter with the DTV as it's Multi-Entry Visa so every time you enter Thailand you will be given a 180 Day permission to stay. FWIW I read somewhere (can't find it now) that one of the MFA guys said you had to spend at least 1 night outside of Thailand before returning & in a recent Integrity Legal video one of the Laos borders was reportedly insisting on 2 days outside of the country before you could re-enter Thailand.

Any expenses on your UK property would be offset against your UK Taxes so I believe it’s just the net proceeds that you’re remitting to Thailand. E.G If I get £1,000 pm in rental income but spend £400 pm on agent fees, maintenance, insurance etc… I would send £7,200 to Thailand as rental income not the £12,000.

But they had enough money for the winter allowance for pensioners in EU https://www.thisismoney.co.uk/money/pensions/article-13788141/British-pensioners-living-EU-winter-fuel-allowance-thanks-Brexit-catch.html As an aside, Can Germany make treaties with the UK? Doesn’t it need to be an EU wide Treaty or is Germany the EU nowadays?

Very impressed, Everyman was my Nemesis when i did the daily Guardian crossword, honestly don’t think I’ve ever completed one of their puzzles without having to look something up 😔

Spent 35 years working very technical roles in IT & missed the mental challenge of it, then I discovered Cracking The Cryptic YouTube channel https://m.youtube.com/@CrackingTheCryptic Which lead to a few others… (Sudoku Sleuth, Bremster & Lucian’s place are great if you’re new to Variant Sudoku) & now I have at least 2-3 hours every day exercising the old grey matter. In addition to the YouTube stuff, also enjoy the New York Times mobile puzzles (Wordle, Connections, Strands) & https://www.dailykillersudoku.com/m/? Oh nearly forgot, CTC also does Friday videos where they solve the Times Cryptic Crossword.

FWIW you can get your extension up to 45 days in advance at most Immigration Office & an Agent can help you get it up to 3 months in advance. Shouldn’t be too hard to plan a few days in Thailand within 3 months of your extension due date.

And this is exactly why I use an agent wherever possible. For Extension (8K) + Multi Re-Entry permit (4K) - Take Passport + 2 Photos to agent pickup a note for the Bank. - Take note, passport & bankbook (small deposit made on the day) to bank & get a time to go to immigration to have my photo taken (Agent has staff at the branch who collect all the documents) - Go to immigration, quick photo at Retirement Extension Desk (Jomtien) - 2 days later pick-up passport from agent. Passport Renewal (12K for UK “Jumbo” Passport + 1K to transfer stamps) - Go to agent with Passport, 2 Photos & something for them to copy your address from. - 3 weeks later go to agent to pick up passport with Stamps transferred over. Some might call me lazy but I’m all about making my life as easy as possible so happy to spend a little bit of money to do this.

How does working on “1960’s IT” make you Nomadic? I wish it did as I worked on some pretty old tin 40 years ago when I was 18 but it doesn’t. In fact, if you’ve been working in IT since 1960 You’re probably 80’Ish & not working at all. It’s what you’re doing now that counts so if you’re working in IT remotely, you’re a digital Nomad, if you’re not then you’re not Stick with the Non-IMM O but you should be able to reduce what you need in the bank by making your wife a dependant of you on your Visa rather than having her own Non-IMM O Visa.

That doesn’t make sense as you can’t file a return without a TIN