potless
Advanced Member-
Posts
669 -
Joined
-
Last visited
Content Type
Forums
Downloads
Quizzes
Everything posted by potless
-
Banking been stopped!!!!!!!!!!!
potless replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
" A minimum of £100,000 (or currency equivalent) This can be in savings and/or investments across all your accounts with us. " Barclays International Bank Account. I assume any stock market type investments would have to be held through their stockbroking arm. -
Was the lady referring to Thai baht being remitted to Thailand or euros that are remitted to a foreign currency deposit account in Thailand. If the money is remitted in foreign currency, I believe that you need to make a note of the exchange rate ( TT rate ?)at the close of business on the day the funds are received. For example, 5,000 euros and a rate of 40 baht per euro would be 200,000 baht. that would be the relevant figure for tax calculations irrespective of the exchange rate when you actually convert the euros to baht, which may be at a later date.
-
I had cataract surgery on one eye in the UK last year. After the surgery I was directed to another room where I was asked a few questions. After about 10 minutes, I asked the lady how long it would be before I could leave. She replied I could leave right away if I felt okay and so I did. No tea and biscuits. I was on a bus 10 minutes later. I was told to get in touch if I had any major problems. There was no follow up test the next day. A watery eye for a few days and eye drops 4 times a day for 2 weeks, then 3 times a day for a week and then twice a week. An examination one month after surgery. However, is the doctor suggesting that you have both cataracts done at the same time? (which I would advise against) That may be a possible reason to stay overnight.
-
Noisiest bird, newly arrived in CM: What is it?
potless replied to GammaGlobulin's topic in ASEAN NOW Community Pub
I didnt find that bird annoying either. Try the video I suggested in my earlier post. -
Noisiest bird, newly arrived in CM: What is it?
potless replied to GammaGlobulin's topic in ASEAN NOW Community Pub
On Youtube, I put "annoying bird Thailand" into the search box. Second video down, "Asian Koel-Noisiest Most Annoying Bird-Thailand". -
I havent read all the posts on various threads but the way I currently understand it is that a large amount of money remitted to Thailand will be assessable. Let us assume a person is tax resident here and has claimed all personal allowances regarding his income. He then wishes to import 4 million baht to purchase a property (not an unreasonable sum I think). I calculate roughly a tax liability of around 972,000 baht on the 4 million baht. In order to pay that tax, he would have to import another large sum( 1 million baht plus), because that extra money would also have a tax liability. Tax on tax? Or am I wrong?
-
Yes. I have to pay capital gains because I bought the property whilst overseas and have rented it out ever since, I have never lived in it for more than six months. I calculate I will pay UK tax of under one thousand pounds and that I will pay no Thai tax on the sale. Still, I have a fair market value price in mind which I will hold out for. Perhaps I am wrong, but I think that Ben Zioner was referring to tax that you may have to pay when you import the proceeds of the sale into Thailand. Assessable income?
-
It moved to Thappraya road. Now named Sun Sabella and seems to adjoin the Sugar Hut. Leaving Pattaya along no.2 road towards Jomtien, go up Thappraya road until you reach the traffic lights at the top of the hill. It is just past the lights on the left behind a high wall.
-
"Biff". Very appropriate name. Brits may understand.????
-
Can you really buy a condo with cash?
potless replied to parafareno's topic in Real Estate, Housing, House and Land Ownership
Get a lawyer who knows the process and will tell you what to do and when to do it. -
I just did a search "barclaycard closing accounts Thisismoney.co.uk" some reasons cited were "responsible lending concerns" and also people living abroad, likely due to Brexit. Sorry cant provide the link but the article is easily found. article dated 21st May 2021. I use my Bcard when in the UK from time to time just to show activity and pay the balance in full by direct debit. They may not receive interest from me but they charge the retailer a commission I believe. I dont think there is anything for you to worry about.
-
Im not sure why some expats behave like this.
potless replied to Eaglekott's topic in ASEAN NOW Community Pub
Absolutely right, however they know that people have had a good drink by then and may be more loose with their cash. -
100% true. Other banks guilty of the same thing, closing or freezing accounts without explanation. I have been reading these stories on Thisismoney.co.uk for a few years now. Guilty as charged but you are not privy to the charges. Lunacy. More lunacy from Barclaycard who were reducing credit limits or closing accounts last year. Spring last year I get a text from Bcard telling me to ignore the previous text message. I hadnt received one. I get back to the UK in summer and read a letter saying that the decision to close my account (news to me) had been reversed but my limit was to be reduced from 3k to 1k. If I wanted to reinstate my 3k limit I had to text them the special code that came with the letter but had to do it before a certain date. I was too late for that so I rang the call centre and a helpful lady said she would contact the relevant department on my behalf and I would receive a reply in a few days. Text message reply a few days later. Request denied, try again in 4 months time.
-
There is only one bowl.