tinot

15 minutes ago, spidermike007 said:

Declare 5,000 baht. Done. They have no idea. But, beware of how you frame it here. Use a very good framer who will use only archival materials, and have it framed for a humid climate, which is very hard on fine art prints. 

I won't have a choice on that front unfortunately. 

I dont know any decent framers locally either. I went to a few places to ask about archival framing. I may as well have been a Martian asking for directions home.

Do you know any good places? 

In fact this is a big concern for me really and think that a lot of the collection will be sold off due to AC, humidity, sunshine, monsoons etc etc . A real shame!

33 minutes ago, Crossy said:

Simplyduty suggests 20% of CIF (Cost, Insurance, Freight) plus 7% VAT on the total.

 

Yes, you get to pay duty on the freight and insurance ???? It's the same worldwide ???? 

 

If that's 4k GBP it might be better to get someone to bring it over, the chances of getting stuffed at the airport with a print is pretty much zero.

 

EDIT The description is everything, calling it a "printed poster" is only 10% duty. It might be best to consult an experienced art shipper.

 

 

Thanks. Worse than the UK!

Where do simplyduty get their info. from and is it accurate?

1 minute ago, spidermike007 said:

Are you carrying it in, or having it shipped? Is it high value art, by recognized artists? Is it a quantity of art, or just a few paintings? 

 

If carried in, no issues at all. I have brought in tubes of painting before, worth alot in dollars. No issues. Declared it as personal effects. 

 

If shipped, and not recognized artists, make a very low declaration. Paintings are not expensive here, so declare no more than 5,000 baht per painting. Customs here are quite uninformed. 

All above mate. 

25 minutes ago, Crossy said:

 

The problem is, without a bit more detail selecting the correct customs code is impossible.

 

Duty could be anything (literally) from zero to >50% of CIF value plus 7% VAT on the total.

 

 

Sure. Its a print. Value £4k. Thanks.

3 minutes ago, Crossy said:

Use simplyduty.com it's safe and (reasonably) accurate, but art can be an "interesting" subject for duty.

 

What are you hoping to import?? And from where?

Art, obviously. From the UK.

8 minutes ago, CharlieH said:

HERE ........

 

 

Thanks. Ive used a lot of these sites already. A lot of them look very unsafe and dodgy if Im honest. I have also read through pages of Thai customs info and found nothing in the way of a percentage like most countries have.

Where are these sites getting their info. from because it differs across the board?

Why is nothing ever straight forward when it comes to this stuff here?!

Anyone?

45 minutes ago, CharlieH said:

Pinned topic ! Customds info and FREE calculator.

 

Just look at the topics at the top of this forum.

Thanks. But pinned what where?

af ghe?

Your reply doesn't help me much. Can you please explain?

I cant believe I missed this. I definitely  would have made the long drive for this.

Although, Im probably now looking more towards the 300L as it will be mostly technical stuff and a bit of green laning where I am.

Hi

Is anyone aware of import duties and relevant taxes on art imported into Thailand?

TIA

1 minute ago, Bert got kinky said:

 

Then please feel free to add something to the thread and make your recommendation for weed under Baht 350 per gram.

 

Sure. No problem. Wait for my next harvest and I will show you quality Sensi!

There seems to be a big lack of knowledge when it comes to quality cannabis thus far. But its a step in the right direction at least and Im sure things will improve. 

On 7/6/2022 at 9:55 AM, Bert got kinky said:

This is the 'Tanaosri Kan Khaw WA1' that arrived yesterday.

I am presuming that the new strain that I have ordered for testing (Hang Kra Rog Phu Phan ST1) will look the same but if it doesn't, then I will add pictures when I review it.

 

This looks like very ratty bush indeed. Theres no buds and I can see seeds. Very bad. 

I would not smoke that!

On 7/6/2022 at 8:50 AM, Bday Prang said:

nothing wrong with sourcing the cheapest, as long as its drinkable but a lot of wine drinkers seem to like to pay more than necessary, 

I personally don't agree with the "reassuringly expensive" philosophy  

Quality can be very subjective if you don't know. 

Then I suggest you re-read. Its pretty obvious. 

4 minutes ago, topt said:

Working and business in Thailand is not relevant to the points I was making or the question I asked.

 

For others who may see this thread here is the govt. page on own house sales if you are registered with HMRC as non resident for tax purposes.

https://www.gov.uk/tax-live-abroad-sell-uk-home

 

 

We were and still are UK residents!

4 minutes ago, topt said:

Yes, stop overthinking it.

Any taxes on property sales in the UK stay in the UK.

If it's only savings then you currently will not have to pay any tax on transferring money into Thailand. Not sure why you cannot accept this.

I was referring to tax consultants. Recommendations.

No one has clarified exactly with the utmost certainty. No official links etc and it is a public forum so.

Who are you anyway, the ultimate authority on the matter?! Hardly. From your few contradictory posts here it shows that you don't have a clue so wind your neck in!

1 minute ago, topt said:

You said you had left the UK. If so did you tell HMRC and ask to become non resident for tax?

If so then (as far as I am aware) property sales are liable to CGT although if fairly recent the reliefs should mean you may not have to pay much tax. 

No. I am not working nor have any business here. 

As Ive said already the property was not eligible for CGT! So, I have no idea where you're getting that idea from.

1 minute ago, userabcd said:

Nothing particular, just all the tax questions are better answered by tax professionals.

Fair point. I will do just that anyway no doubt. 

Any recommendations anyone?

11 minutes ago, userabcd said:

Provided you have met all the conditions and claimed tax relief from HMRC.

 

Then with that HMRC evidence I guess you could transfer the funds of the sale to Thailand and not have to pay tax in Thailand on that CG.

Tax relief? You dont pay CGT on sale of your own home when its just that and not buy to let, business etc.

9 minutes ago, userabcd said:

Sounds like you need to consult a professional accountant for tax advice.

What makes you say that?

3 minutes ago, userabcd said:

You need to first see if you had to pay CG tax in the UK.

No. Own home so nothing to pay.

13 minutes ago, stat said:

For some countries TAX Ids are not mandatory i.e. Thailand, as you are only obliged to apply for a tax id when transfering capital gains or interest in the same year when they  were generated or when you have a visa that allows you to work here. Some banks fail to understand this at first but usually come around to it. In reality I never heard that anyone ever had to pay taxes on their interest earned outside of Thailand, but this could change so dont transfer in the same year to be on the safe side.

Thanks. What about money from a property sale in UK for example? If those funds were transferred to a thai bank. Would the same apply?

So its only charged on the interest? That's just silly. I know rates are at there lowest in years but that sounds like its hardly worth it.

7 minutes ago, StayinThailand2much said:

Of course, you would also get taxed on any investments in Thailand. - And no, just talking from experience. Google is your friend here, or, if you prefer, consultant offices.

Right. Just, 15% on interest doesn't sound right to me. Negligible at best!

45 minutes ago, richard_smith237 said:

You are supposed to watch a video. 
Because of Covid you have to watch the vid online. 

Just registered for the DLT e-learning and its all in Thai - just looks like a renewal page or something. No videos or modules etc. 

Think I will just have to go back in next week. Took ages to get there as well. Another day wasted probably were they'll tell me something different. 

Upside - Wifes getting hers through driving school (as theres a 3 month wait) so should have my very own chauffeur soon anyway.