
prakhonchai nick
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Everything posted by prakhonchai nick
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I have assisted several Thai widows of British expats. They all receive the Personal Tax Allowance (currently £12,570), and this is sorted by the former employer of husband when paying the widow's pension. No need ever to deal direct with HMRC re the allowance However, depending on the date of death of the husband, a tax refund can be claimed (sometimes automatic after a year or so has elapsed) Note that the UK state pension ceases upon death. There are no longer any benefits for widows or children, nor the one off lump sum payment (was £2,000).................unless husband and family happened to be in the UK at time of death
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There are many crimes, which in my view warrant capital punishment, the most obvious one being murder I see no reason to abolishing capital punishment, when there is absolute proof of guilt, such as CCTV, multiple witnesses and the like. However, the only alternative is surely whole life imprisonment, which sadly most countries pay lip service to. 10/15/20 years and applications are generally approved for parole. The murderer is free to enjoy the rest of his/her life (usually with social security benefits) yet the victim has nothing more.
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The incident has prompted local officials to renew calls for motorists to strictly follow traffic regulations, particularly on busy highways, to prevent similar tragedies. What utter <deleted>!!! Motorists should strictly follow traffic regulations EVERYWHERE, AT ALL TIMES
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WISE....Beware !
prakhonchai nick replied to kalasiner's topic in Jobs, Economy, Banking, Business, Investments
A Swift transfer to a Thai bank, will be exchanged into Thai baht at the banks rate at time of arrival (1,2,3 days later) It may be higher than on the day sent, it may be lower. With a WISE transfer, one knows exactly what the exchange rate will be. -
WISE....Beware !
prakhonchai nick replied to kalasiner's topic in Jobs, Economy, Banking, Business, Investments
Just checked the fee shown was £18.81, It is worth noting that when making a transfer with Wise, if you send the money to your account first then use the balance to pay for the transfer it is usually a wee bit cheaper. -
Anyone use a POD (pay on death) form with their Thai bank?
prakhonchai nick replied to giddyup's topic in Pattaya
Why close it? Just leave 20bt in and it will lapse in time -
Anyone use a POD (pay on death) form with their Thai bank?
prakhonchai nick replied to giddyup's topic in Pattaya
In my experience most Thai banks require the Thai eqivalent of probate, to enable a spouse or partner named in a Will to receive the deceased's funds. No problem in a joint account holder removing./transferring funds out of the joint account and not advising the bank. If the joint account ATM expires, then problems arise as both account holders need to apply for a new one Most widows/widowers, Thai or expat invariably use their spouses ATM card (if they know the PIN) to remove funds after death, regardless of it being illegal. Problem is when the Thai wife of an expat knows the ATM PIN, several in my experience have drained the account prior to death, and therefore maybe best to keep the PIN number with a 3rd party, only to be released upon death -
Health officials suspended after video of fatal restraint emerges
prakhonchai nick replied to snoop1130's topic in Isaan News
Plus the obligatory wais!!!!!!! Charge them with murder! -
Creating a Savings Portfolio for Thai Wife
prakhonchai nick replied to gejohesch's topic in General Topics
Having helped a few Thai widows over the years, there are frequently problems. One husband died unexpectedly and his fears that his wife would, at some later date, upon his demise most likely donate most of her money to the local wat and monks came true, Another husband set up a Will requiring the executors to make regular monthly payments to the wife for a period of 4 years after which she could have the rest as a lump sum, hoping that the family predators would have gone away.. The family however had another idea. They found their own lawyer, advised there was no will, and the deceased had no family, and the wife/widow walked away with everything. (As I understand it, she lost most of it to the family in a very short space of time) Does the OP not have a work related pension?. In most cases wives, and more often than not, partners, can receive a pension of around 50%, sometimes reduced where there is an age difference of more than 10 years -
YES. And immediately, not at the end of the year. But only if you tell them you have returned to Thailand. If you fail to advise them, (or suggest the advice letter got lost in the post if the truth should later come out) (-DWP never acknowledge), you will receive the unfrozen pension +annual increases indefinitely. For the record my pension is frozen. In the past (until 2016) when falsely claiming the full unfrozen pension, by stating you lived in the UK or perhaps Philippines, upon death, if there was a Thai wife and/or young children who would receive benefits (now ceased) their payment was compromised due to the false claim. Had that happen to 2 Thai widows who I assisted