Mike Lister

It's in the same plaza as Rimping supermarket, in the rear, under the parking structure, just before the car wash.

If they have assessible income here and remain here for over 180 days per tax year, yes. Playing semantics and word games with titles doesn't change the facts.

He's absolutely correct, occupation by all those countries, Vietnam, Burma, PI all contributed to their education systems and the ease with which the population used English as an active secondary language.

Learn a language in a country where everyone speaks that language and uses it every day is one thing. Learning a language and not using it very much is something else.

That's a typical price at a government hospital here, the downside is the wait which can be months..

That would be doable but bot entirely practical or desirable for the long term. Many places here will want to impose a surcharge on card spending, they do that even on debit cards in some places! Plus if the volume and amount of transactions gets to a high level, WISE may have something to say.

Er, yes and no. You are only required to file a tax return if you have assessable income of more than 60,000 baht per year(I think it is) and a transfer in itself is not necessarily assessable income. It's entirely possible that a person makes transfers of several hundred thousand baht which are adjudged to not be assessable and that they don't file a tax return as a result. All of that is legal and above board, the judgement is in the hands of the individual. BUT, if the RD checks later, for whatever reason, the income will need to be proven to not be assessable. There have been years when I have filed a return and yohers when I haven;t but the RD has never asked me why I haven't.

Indeed, otherwise somebody will suspect you are working here illegally.

I've not thread of that Eric but I recently heard the UK is now offering an annual statins like shot which sounds interesting.

It depends on various factors such as the amount of tax free free head room that I have on the Thai side in any given year. It will also depend on my financial needs and my willingness to pay Thai tax on those funds. One option is to leave the money in the UK and use it to fund holidays there and elsewhere. Another is to bring some of it back in cash when I travel. I'm not opposed to paying Thai tax at 5% but I become more so as the rate to higher tax bands. Fortunately I'm in no rush since I have several years living expenses on hand.

Nyom Panich, next to Toyota (or Honda) dealership near airport plaza, round the back they have a large electrical appliance repair shop, they repair all brands of TV's. First rate service.

74% don't file tax returns.

I have a UK flat that I rent out and was using that address for HL. after a couple of years I said I was going to be visiting Thailand for a while and they said fine, I've been here for 20 years plus. Seriously, this aspect wont be a problem with HL. BUT you will not be able to take advantage pf tax refunds to fund pensions for example, which I think is one of the types of services they refer to for non UK residents.

Yes, but it falls within the UK personal allowance hence no UK tax is due

HL advised me in 2018 to open the account when I next visited the UK whilst on holiday so this wont be an issue for them. No, you cannot add funds if not UK resident but you can be resident one minute and not resident the next hence adding funds before leaving is one solution. Yes, the income will arise in the UK and based on the type of account, will be taxable there. But you have 12, 570 Pounds of UK personal allowance to use, before any UK tax is due.

You have to open the account whilst in the UK, otherwise they will close it if they find out you weren't. Once open you can operate it from anywhere worldwide. It's perhaps worthwhile opening one when back there on holiday, it's physical precessence at the time of opening that's important, not tax residency etc.

Er, remember the libel laws, be careful.

1) they changed their mind 2) they heard you were posting the problem on AN 3) the woman who knows returned from vacation.

The scope and nature of the new tax change is very unclear, I don't want to speculate on what is or not included because those things are still unclear. FWIW I also have UK rental income which remains in the UK, I am not UK resident for tax.

I am tax resident in Thailand but I'm a Brit and have an investment account in the UK with Hargreaves Lansdowne. You can set up the account while you are in the UK and operate it from overseas, it works well for me and means I can transfer from the investment account, to my UK bank and fro there, to my Thai bank. I am not UK resident for tax.

Many expats use Interactive Brokers in Luxembourg, it's not difficult to open an account there. Whether or not you can import funds from their into Thailand depends on whether or not you have a Thai bank account and whether or not the Thai Revenue will let you, without targeting you for tax. It's exactly that kind of transfer, from that sort of location that forms the basis of the new tax ruling.

The tax changes, effective 1 January 2024, mean that any profit that is brought into Thailand, regardless of when it is brought in, is taxable.

And come back on what day?

Bank account or not, roof over his head or not, after 180 days he/we is/are tax resident(s) and there's zero that can be done about it.

You don't need to do anything to become a tax resident in any country, all you need to do is not leave. If you are in Thailand for more than 180 days in a tax year, you are automatically considered to be tax resident. Even though you may not want to be one, there's nothing you can do about it on the 181 st day other than to accept it is so.