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CFCol

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Everything posted by CFCol

  1. Any monies remitted to Thailand are assessable for Thai tax, unless otherwise exempted under your countries dta. It is classified as income. If your income is under the tax threshold you do not have to pay tax. Interest on bank accounts,savings and deposits certainly, has always been taxed at a standard rate across the board. If you are under the tax threshold, then you can request this tax back,(I believe on up to 20k in interest),so long as you are still under the tax threshold. My interpretation only.
  2. Exactly. It is shown on the pnd91 as expenses
  3. Unfortunately not as it didn't apply to my situation
  4. You have answered the question yourself. The 100000 you have mentioned above is for expenses and is shown on your tax form as such.
  5. I visited the Nathon branch office today and although they were very friendly and eager to help, they had no English so conversations were held through Google translate. Eventually, after 1 hour they told me I didn't have to fill in a return. Being cautious of this, I asked for the decision in writing. They escorted me to the headquarters of the Revenue Department on Samui and into the office of the director himself. He was very friendly and helpful,(even offered coffee). His English was perfect. Results as follows,(this applies to UK pensions) 1. UK old age pensions ARE TAXABLE in Thailand , if remitted, and are part of your total assessable income. 2. Government service pensions are not assessable and do not have to be declared, even if remitted, but proof of source may be required if audited. 3. Allowable deductions for the year: a) B60k personal allowance. b) B100k for expenses,(this is a blanket allowance and does not require any proof of expenditure). c) B190k if you are over 65yrs. of age Once you have deducted these from your assessable income you then get the 1st B150k at zero rate of tax. If after that you still have a positive balance you MUST file a return. If there is no balance left, you do not have to file a return but can if you wish. If. You wish to offset UK tax already paid, this should be filed along with your return, enclosing proof from the relevant authority. There is no space on the tax forms specific to this. Hope that makes things clearer.
  6. That depends where you are. On Samui, yes. Again different offices ,different wants.
  7. If you transfer your government service pension to TH, the dta Specifically says that it can only be taxed in the UK.
  8. Only in first year if you have multiple entry visa. Otherwise on reentry you only get in until the date on your last extension
  9. 90 day reports never sync with extension dates. Here on Samui the imm office always automatically gives you a new 90 days when extension is granted.
  10. No, it's not free. Also, before, you could top up your Skype credit and use it anytime. Now you are forced to take a package,(uk calls to landlines is £ 2 99 a month)
  11. Something doesn't lie right here. The British home office should have no involvement in this, it would be down to the British Foreign ad Commonwealth office.
  12. That's all very well but state pensions in the UK do not come from "social security funds".
  13. It is my understanding from the data that government service pensions are exempt but uk old age pensions are not.
  14. How long have you lived in Thailand. If it's less than 15 years, you are still entitled to vote in general elections and therefore have an MP for your last UK address. Write to your MP. That will get them moving.
  15. I just completed this quiz. My Score 20/100 My Time 143 seconds  
  16. What if you are a tax resident and not a tourist?
  17. No it's not peculiar to that IO. It's the same here on Samui. Last year we spent a night away from our normal home. 5 months later, when doing annual extensions, Immigration made us get and produce new TM 30's, ( at least they didn't try to go down the fine option)
  18. Setting up a nominee company to buy land is illegal and the Thai authorities are chasing these companies. If you don't have a Thai wife whose name you can put the land title in, then your only safe option is to lease the land.
  19. Yes, in the UK, not from overseas.
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