You can totally live in Thailand, pay tax there, and still have assets in the UK that HMRC will tax. The tax treaty between the UK and Thailand stops you from being taxed twice on the same income, which is handy. But it gets a bit tricky depending on what kind of income we’re talking about. For stuff like dividends and capital gains from UK shares, you’ll probably still need to pay tax in the UK, even if you’re not living there.
I looked into this when I moved abroad, and honestly, it’s not as straightforward as you’d think. There are so many little rules. If you’re navigating these complexities, getting VAT advisory from specialists could save you time and potential trouble.