The Cyclist

It's not his either, or he was utter crap at it.

Because some forms of income and pensions will always be taxed in the UK regardless of your resident / non resident status. Clearly it is not. Or you would know that there are forms of income and pensions that will always be taxed in the UK, regardless of whether you complete a P85. Would you like me to embarrass you by rattling some of them off ?

Thanks

The UK DTA states the same for Government Pensions, with the following exception. For example. A Thai National who garners a UK Gov Pension would remain taxable in the UK unless they return to Thailand, where it would not be taxed in the UK but taxed in Thailand instead. Other UK Pensions are not subjected to any ' exclusitivity clause ' but I am still of the belief that if they are taxed in the UK they will not then be taxed again in Thailand. Cannot copy and paste for some reason but Page 27, Article 19, Para 2 ( a ) and ( b ) of the UK-Thai DTA refers

What that says in a nutshell is that the Country where the pension arises, that Country has first dibs on taxing it. If that Country it is not taxing it, Thailand has second dibs on taxing it. As it is pension specific, the bottom line is ( As I have said many times ) if those pensions are not taxed in other Countries, you will probably be taxed if you remit them to Thailand. Or to put it even simpler, if income remitted to Thailand has been taxed at source, it is highly likely that it will not be taxed again in Thailand. Whether one will be required to obtain a TIN and file tax returns for pensions remains to be seen.

It was a genuine question. In the UK a Service Pension does not disqualify you from claiming the State Pension at retirement age. Neither does having a Company / Private pension.

Could you give this non-Aussie a pointer ? There are 1000's, probably 10's of 1000's of Brits who have both a Veterans Pension and the UK's State Pension. Is Australia different ?

Here we go again. That 65k deposited monthly during 2024 will not be taxable until 2025, so will make no odds to the Immigration Department regarding extensions. Neither will it be an issue with the Immigration Department in later years unless the financial requirements for extension changes. 12 monthly deposits of at least 65k is what the the Immigration Department require. It makes no odds to them if that 65k monthly deposit is spent on a Thai tax bill, 200 crates of the finest Chang or a daily indulgence of exotic dancers. Stop with the garbage.

Which will also cause confusiion. Permanent Thai Residency = PR, which is different from a Resident for Tax purposes.

No. When you live out in the sticks the delivery drivers know where to find the money. Plus, they usually phone first to save a wasted trip.

3 items delivered today for a total of 1300 Baht COD, notification at 0930 that they were out for delivery, delivered about 4 hours later. I find the Lazada tracking system very accurate.

I cannot help you with that question. My thoughts only. I have a USD account with Krungsri, all remittances were made between 2009 and 2019 ( I was never a tax resident during those years ) I would expect that if I made remittances to that account after Jan 2024, those remittances would be assessable and taxable in Thailand. It is another one of those, its so easy, just Gift your money to someone else and job jobbed. Just open a FCA and stick your money in there, job jobbed. Nothing to declare and no tax to pay in Thailand. If it were that simple, the Tax Experts, would have told us this already.

Aint what it used to be

Lovely little spot for lunch.

Enlighten me, Ohhhh wise one. Have you recieved a personal briefing from the head of the RD ? I'm sure you will excuse me if I do not subscribe to some of the hysterics that have been posted on this thread.

1. The mental contortions some people are putting themselves through are worth reading for the amusement factor.. 2. The extrapolation from the initial announcement is worthy of a Thai Soap scriptwriter. 3. Whilst being midly amused, I hang around waiting for a definitive announcement from the RD. If anyone is looking for a nice chilled out place to have lunch, I can recommend this place. I'll let you try and work out where it is, it will stop you fretting about the RD

You will go mental retiring at 40 and 100k a month might be a bit of a struggle at 40 and depending on your lifestyle. You take that 100k a month and invest it in a 10 or 15 year plan and continue working.

If it was a bona fide method of avoiding tax, all the tax Lawyers, accountants, UTube experts would be shouting it from the rooftops. " Don't panic people, nothing to worry about, just gift your wife / boyfriend / girlfriend / next door neighbour your foreign income from 01 January 2024 " Don't worry. You wont need a Plan B, until you get caught.

Renewed 3 weeks ago with no mention of home visits or under consideration period. Same Immigration Office for the last 8 years and never had a home visit. ( Retirement Extension )

Yes, I know that, you apparently know that but @Yumthai does not appear to know that.

The only thing that they will screen is the paperwork to ensure that it is a bona fide application. However, some other Government Department might have put a red flag against your name, HMPO probably wont know what the red flag is for and will have to defer to the Department that raised the red flag. If you get an email telling you to report to the Embassy and obtain an Emergency Travel Doc and return to the UK, start worrying

Why would HMPO care about what is in your passport ? Now, if there happens to be a big red flag attached to your name, that would be a whole different ballgame.

What are you talking about ? It doesn't matter if its 7.14 million tourists or 35 million tourists, this doesn't affect tourists.

The whole thread, consisting of 161 pages is mostly speculation. Having said that. Did they amend any Laws to make the changes that are starting on the 01 Jan 2024 ? Pretty sure they simply changed the meaning and never ammended anything. Our realities mean jack ****. The OECD on the other hand is a different kettle of fish. Whether we like it or not. These changes are being introduced to close loopholes that have allowed people to ( legally ) avoid paying tax. Up to 20 million baht tax free ' Gifts ' of untaxed income is the epitome of tax avoidance.

None of that is in doubt. Neither is the reason for this rule change starting on 01 Jan 2024 in doubt. But when you want to play by the big boys rules ( OECD ) then you abide by the big boys rules, and there is no way the OECD oversight team will be allowing tax free ' Gifts ' of up to 20 million baht a year from untaxed income remitted from abroad. Every single contributor to this thread could simply ' Gift ' their income / pensions / capital gains / any other to their other half / next door neighbour / special friend and this thread does not exist, tax lawyers / accountants are redundant etc, etc. Neither would there be a need for the RD to be employing additional staff up and down the Country. I'm not insinuating anything, I am giving you a cold hard reality.