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nigelforbes

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Everything posted by nigelforbes

  1. I don't know what happened to the previous conversation in this three year old thread, but, the cost to drill a well in Mae Rim is 1,000 baht per meter at 3 or 4 inch, lined with blue pipe....pumps etc extra..
  2. I'm sure there's a perfectly good reason why the CPI graph in the link to the blog that you posted looks very different from the CPI graph produced by the ONS. I don't wish to know why etc, just thought I'd mention it in passing. And also, we've got a spot of rain in our neck of the woods, quite refreshing really. https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/d7g7/mm23
  3. I don't think that's 100% correct. DTA's do exist but as you say they refer only to government pensions. That means that Thailand has no right to tax such pensions. But the DTA's don't extend to non-governement pensions, that means the UK AND Thailand have the right to tax those pensions (as long as the remittance criteria is met) which in my case they sometimes do. That also means (as you say) that the UK can tax those payments and that if they are subsequently also taxed by Thailand, the additional tax cannot be reclaimed under the terms of the DTA. The US has a DTA with Thailand governing SSc pensions, that means Thailand is forbidden from taxing those payments and only the US can.
  4. The difference in the wording I think is between not living in the UK but being UK resident for tax purposes, and, not being UK resident. For example, I am a UK citizen but I lived in the US for two decades, during which time I was not UK resident. And since I didn't have income that arose there, I wasn't UK resident for tax purposes either. Today, I live in Thailand, so once again I am not UK resident but since I do have income that arises in the UK, I am UK resident for tax purposes.
  5. Blah blah blah PH, give it up and take your anti-Brexit bandwagon home.
  6. Goodbye....you just made my ignore list.
  7. So link to what I write and confirm that I said what you claim I said and quit screwing around!
  8. Nope, go back and read it again, this time without any bias.
  9. And according to the graph from Trading Economics that I posted earlier, the stats are saying it has about 5% to do with Brexit, unless there's some kind of delayed reaction (by several years) that only others can see.
  10. "ANY income earned through any UK company, onshore or offshore, is deemed to be taxable in the UK". Agreed. But that doesn't mean that the pension provider withholds tax at source in every instance, it depends on the notice of tax coding supplied to them by HMRC. Hargreaves Lansdowne administers my SIPP. Every year that write to me and tell me what my HMRC notice of tax coding is and how much money I can take from my SIPP tax free, before they start deducting tax at source.
  11. Good! Now that I know for sure that you have read the article, at least now you will understand the reasons for the current high food prices so perhaps you'll stop blaming everything on Brexit alone!
  12. “It’s not a direct impact of Brexit, but it’s all about market choices people make.”
  13. Correct: https://www.gov.uk/capital-gains-tax/what-you-pay-it-on#:~:text=If you're abroad,within 5 years of leaving.
  14. I presume most of you will have read the Guardian article this morning asking why the UK food costs have increased so much. Note how many times it blames Brexit......none! Then note how many times it refers to Covid, supply chains, Ukraine, bad harvests etc!!! https://www.theguardian.com/business/2023/apr/19/why-are-uk-food-prices-up-by-19-and-which-foods-are-worst-affected
  15. It's not that straight forward, potentially, everyone is different. Anyone having offshore income needs to do the math. In my case, it pays me to not be UK tax resident and since I don't live in the UK I'm not entitled to the annual state pension increase anyway although this doesn't mean I can't go back every few years and get legally uprated! As far as closing accounts is concerned: my bank has no problem with me living in Thailand and even sends my new bank cards here.
  16. You have to register your use of the app before you can use it, if you don't you can't use it and must register. Registration involves establishing a PIN.
  17. So much disinformation in this thread, that and wild guesses and racist rhetoric. Take your pick from any of the stats below, anything and everything you want to know about tourism in Thailand. Educate yourself. http://statbbi.nso.go.th/staticreport/page/sector/en/17.aspx
  18. I have no dispute nor view on the current value of food inflation, only when it began to rise, which certainly wasn't in 2016, nor in 2020!
  19. Too much nonsense in this thread, far too much. https://tradingeconomics.com/united-kingdom/food-inflation
  20. Let me try and give you an example. I am not UK tax resident. I receive UK state pension, UK rental income plus I may chose to receive Self Invested Pension (SIPP) income but that is my choice, as is the amount. All those things arise in the UK. If the total sum of the State Pension and Rental Income is slightly less than than the UK personal Allowance, I may not take any SIPP income hence I do not pay UK tax. If I decide to take SIPP income that will push me over the Personal Allowance and the excess income is taxable. I also receive other income from none UK sources, all of which is not taxable in the UK and is excluded income from my UK tax return. The UK State Pension is at the bottom of the stack, any other income is added on top of it, that is why the State Pension is not usually taxable in the UK. Works pensions is simply other income, the fact it is pension income is not relevant to anything taxwise, ie there are no special benefits or rules etc, it's simply income.
  21. "the tourist was initially alive and taken to a local hospital after an emergency led to his drowning". This makes no sense, it's not very good reporting or English.
  22. Inaugurated in 2020 but the outcome was known in 2016, the date of inauguration doesn't mean diddly squat in the context of what I wrote.
  23. I can help perhaps with a couple of aspects: UK HMRC will not notify your UK bank that you are not tax resident, its not off any consequence to them unless you receive income from products you have purchased at the bank. You say your UK work pension has been taxed and you want to reclaim that tax or stop it. HMRC assigns you a tax number which shows how much tax free income you are allowed in the current year, this is based on the information they have at hand. If you already receive, for example, state pension of around 8,000 Pounds per year, that, for example, would leave you with the difference between 8,000 and the personal allowance, 12,550 as tax free income. If you work pension value is higher than that figure, the work pension will be fully taxed. Only you will know what all your income is and whether the work pension is rightly being taxed at source. Note: I assume your work pension arises in the UK, which means it is UK taxable, being non UK resident for tax purposes wont change that.
  24. The black pyramid icon setting is the multiverse time transport setting, set the dial to the appropriate year and press start and whoosh, you'll be there is a flash. Fancy revisiting the 1970's, it's possible. Er, sorry about that, no I don't.
  25. Brexit was seven years ago, people will be blaming every problem that happens on it for decades to come, simply because it's convenient and is an excuse to reinforce their personal bias. Personally, everyone will be better off it we begin debating solutions to todays problems rather than trying to apportion blame for past problems and trying overturn history. Brexit took place in 2016, covid caused chaos from 2019, only three years later, the ensuing inflation, Ukraine, disrupted supply chains et al are still creating massive problems. Yes, the food bill increased directly after Brexit and hasn't been been addressed satisfactorily because there hasn't been enough time to forge all the new new trade agreements that are necessary, mostly because global events have overtaken that priority. Enjoy your debate, I have some wet paint that needs watching.
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