
foreverlomsak
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Everything posted by foreverlomsak
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what money is taxed 2024 ?
foreverlomsak replied to Carver2's topic in Jobs, Economy, Banking, Business, Investments
Confused First you say UK State Pension is taxable in Thailand if you are a tax resident. Then you say UK State Pension is non-assessable and doesn't need to be declared. Which is it as it can't be both. -
Thai housemaid’s 100 million baht fortune hits a legal snag
foreverlomsak replied to snoop1130's topic in Koh Samui News
not until he uses Thai lawyers to set up a nominee company to take ownership -
Scores of Russians Injured in Bus Crash At Pattaya Toll Booth
foreverlomsak replied to webfact's topic in Pattaya News
Typical Thai newspaper report only focus on the "sensationalism" element and not a word about the SUV driver and passengers. -
Correct, and IMHO any change to be able to tax "World Wide Income", will be years away as laws will need to be rewritten after obtaining initial approval from the Government to proceed, and I don't think that approval will be obtained easily, as it would most probably hit many of them hard in their own pockets.
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UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
foreverlomsak replied to webfact's topic in Thailand News
To me that's the most worrying part. The bank has also been requesting, for years now, (in case they have a need for them) that I provide them with details of my country of residence (I have only a Thai address, both the bank and HMRC/DWP are fully aware of that fact) and my Tax Identification Number, I have ignored that part of the request as the bank gives no interest on the account therefore there is no tax implications for them to be concerned with. -
UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
foreverlomsak replied to webfact's topic in Thailand News
Hopefully they will treat Starmer the same as other low cost pensioners are being treated. Apparently he has a tax exemption for his pensions written into actual UK law. -
Public transportation in Phisanulok (Moved to regional forum)
foreverlomsak replied to watthong's topic in Central Thailand
No area stated, do you mean city or region or both, and no real question asked. If you are looking for information, first you need to give some, just posting a possibly ambiguous title is a waste of space. -
Thai's and many others reckon they are not "road users but pedestrians on wheels", and banning them wouldn't make any difference anyway, all you've got to do is look at one-way only streets, it doesn't seem to apply to motorbikes (nor some cars either).
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Frozen in time: British expats losing out on pensions in Thailand
foreverlomsak replied to webfact's topic in Thailand News
Assume you will get the basic sum updated as well not only the annual increases. -
Frozen in time: British expats losing out on pensions in Thailand
foreverlomsak replied to webfact's topic in Thailand News
Yes it's an anomaly, there are many in the same position throughout the world, e.g. live in America you get the annual increases, live in Canada (an ex commonwealth country) you don't. -
Frozen in time: British expats losing out on pensions in Thailand
foreverlomsak replied to webfact's topic in Thailand News
Do they though, if they are illegal they don't pay taxes or NI (neither personal or company portions), the only thing they contribute is keeping DSS staff employed looking after them. -
British Man Arrested for Smuggling £1M Cannabis from Thailand
foreverlomsak replied to webfact's topic in Thailand News
Why would Thailand want to give him free board and lodgings when the UK will do it for them for the cost of 1 phone call, also saves them the trouble of a court case and then deporting him, he could still land on the Thai Immigration blacklist (or maybe not if they want his 44 million THB again) -
Course it could, especially if somebody hit's you on the head with it. IMHO don't think either will help grow or maintain your brain cells, I drink Chang because (to me) it tastes better than Leo, but would be quite prepared to switch if I though it would assist in keeping my one remaining brain cell. A friend only drinks Leo because he says that it helps with his blood sugar levels, others prefer the taste of Leo. Personal choice.
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Roundabouts are no good here nobody knows how to use them. We have 1 here right in the center of town, and 3 actions you see all the time. 1. Some seem to have no idea of going clockwise round the island, they approach and then turn right across the face, 2. Predominately the drivers reckon those approaching the roundabout have right of way, result the roundabout gets blocked up, and then 3. The shop I want is on a corner so I'll just park right in front of the shop door, and block half the traffic flow
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Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
When I informed Royal Bank of Scotland (20 years ago) of my imminent intention to sell up and move to Thailand, I was informed even back then that "no UK address" means "no UK bank account", I would need to open an Offshore/International account. -
Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
Copy and paste. Like you, I've had my Lloyds account for so long my minimum balance requirements and fees are not consistent with the current iteration of the account, expect this to be addressed soon, i.e. meet the new requirements of be off. -
Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
Lloyds International Premier, it's 20GBP per month if I don't maintain the 2,500GBP balance' As far as I can see it is no longer available at these rates to new customers, and I fully expect to find it being closed from under me. Hence why I have been looking to move elsewhere, but all I've seen to date are either must have UK residence or require sums outside my ability. -
Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
I have an account with Lloyds International, it requires a minimum balance of 2,500GBP to be maintained or they change a monthly maintenance fee and they do not pay interest on the balance. Will look at the specific account that you mention. As an aside they have been requesting, for well over a year, that I provide them with a Tax Residency Certificate and Tax Identification Number. -
Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
I've had one for a few years now, without a UK address (opened from Thailand) only issue I've had with Wise is that both my Private Pension provider and an Annuity provider have refused to send the funds to Wise "as they are a finance house and not a bank" under the UK Financial Regulations. I understand that the UK State Pension can be paid direct into Wise, but have no actual proof of this. -
Banking been stopped!!!!!!!!!!!
foreverlomsak replied to slappy's topic in Jobs, Economy, Banking, Business, Investments
Just looked at the Santander International website and found problem #1 they say - International customers will need to deposit a minimum of £75,000 (or currency equivalent), which can be held across our account range, and must be maintained. -
Completing the form for 90 day on-line report, the new system is so simple, or maybe I'm just lucky in that my software setup works OK. However the service level this time way exceeded my expectations based on history. Submitted at 9:17 am today, approved at 9:28 am. Almost quicker than the time it takes to complete the on-line application, and definitely quicker than going there in person even if you only count the time from parking the car to leaving the car park.
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