SamSpade

Forget about the 2023 changes to tax rules, how was CGT calculated, Nothing changed to those rules. But if you want a source, ExpatTaxThailand have covered this point many times…https://www.expattaxthailand.com/?gad_source=1&gad_campaignid=23234720076&gbraid=0AAAAAqiFVax_urJMCmduwqQoXl4lXsKDr&gclid=Cj0KCQiA-NHLBhDSARIsAIhe9X0zpeC_jOyWMs78pdiC3svl92Uh5eoOPQznTK99wWmD-yOtPw4Coh0aAkUIEALw_wcB

Sorry you assumed wrong, it’s the Gain since acquisition. Obviously only the Gain part is assessable, if you bought for £100 and sold for £110 & remitted £110 then only £10 would be assessable… It’s percentage based so if you only remit £55 then £5 would be assessable, you can’t chose to just send the original capital.

If you want to ship the Equities to Thailand then there would be no tax BUT if you want to sell the Equities and ship the money over then the resulting (Capital) gains are Tax assessable based on original aquisition price.

Not even Farage (or his supporters) would defend that statement...

By far the worst thing I ever tried to watch... https://www.imdb.com/title/tt37810842/?ref_=nv_sr_srsg_0_tt_7_nm_1_in_0_q_Bat%2520out%2520of%2520hell If you're a Meatloaf fan (Which I am) avoid this like the plague... If you're a fan of sh!tty musicals at least the lyrics are good...

I did my 1st Thai Driving license (Car only) 2 days ago via an agent (OneStop Visa on Soi 6 https://www.onestopservicepattaya.com/) and they told me that the DLT in Rayong is very busy at the moment so they bused me to Bangkok & had it all sorted in a couple of hours.

Agreed, lets get Xi over for a State Visit (Trump's should have been cancelled already).

If all the villages in the world sent their village idiots to form a new village, Trump would be their leader. I can remember when the US elected Trump the 1st time and I said that they wanted the title of the world's dumbest nation back after we did BREXIT... Obviously we took the title back by electing Starmer so they doubled down.

And presumably it would work exactly the same way if you were to move to a country where State pension is not frozen (E.g. Philippines).

I also understood this to be the case but when I asked Gemini (And Grok)... "If I recieve State Pension and move to Thailand it will be frozen, but if I move to UK will it revert to the correct level" ... It said yes but it can take up to 6 months so I followed this up with... "If I then move back to Thailand 9 months later would the pension stay at the new "Uprating" rate or will it revert to the frozen rate"... ... it came back with... That is a clever strategy, Sam, and one that many "snowbirds" or retirees consider. The short answer is: Yes, it would stay at the new, higher rate. Once you have successfully re-established residency in the UK and your pension has been uprated to the current level, that new amount becomes your "base." If you then move back to Thailand 9 months later, the pension will be frozen again, but it will be frozen at that new, higher level. Here is how the mechanics of that move would look: The "Step-Up" ProcessReturn to UK: You move back and notify the International Pension Centre. Uprating: Your pension jumps from the old frozen rate to the 2026 current rate. The 9-Month Stay: You receive the higher payments while living in the UK. Return to Thailand: You notify the DWP you are moving back to Thailand. New Freeze: Your pension stays at the 2026 rate indefinitely. You won't get any future increases (like the 2027 or 2028 Triple Lock), but you don't lose the "step-up" you gained by moving back to the UK. Important ConsiderationsWhile this works on paper, there are a few practical hurdles to keep in mind: Proving Residency: To get that uprating, the DWP needs to be satisfied you aren't just "visiting." Moving back for 9 months is usually sufficient to prove a change of circumstances, but they may ask for proof of address (utility bills, rental agreement, etc.). The Cost of Moving: You’d need to weigh the "pension gain" against the significant costs of moving between countries twice (flights, shipping, deposits, and UK living costs). Healthcare (NHS): As a returning resident, you’d be entitled to NHS care again, but if you leave for Thailand again, you generally lose that "ordinarily resident" status for free non-emergency treatment. Tax Residency: Spending 9 months in the UK will almost certainly make you a UK tax resident for that year, meaning your worldwide income (not just the pension) could be subject to UK tax. SummaryYou can effectively "refresh" your pension to the current year's rate by moving back to the UK, and that higher rate travels back to Thailand with you. You just won't get any further raises once you're back in the Land of Smiles

Technically if you've informed DWP that you were living in Thailand and have been on a Frozen pension your pension will only be uprated whilst you live in UK (or a country which qualifies for COLA increases) and will revert back to the frozen amount if you were to move back to Thailand. Practically, I've no idea whether the have the capacity to track this so assuming you spend a reasonable amount of time (would suggest spanning a Tax Year end and getting an uprating might be a good idea) in the UK I can see how this could become your new baseline. Of course if you've never told them you're living in Thailand then your pension would have been recieving the uplifts and will continue to do so until you tell them otherwise.

You're the 1st person I've heard of who's been audited, I know it's a very personal question but did you send a significant amount of money over in 2024 and was it over 1.2Million (Which is the figure I've seen for when you're more likely to get audited).

Thanks for this, seems a no-brainer to switch to the Rewards card so will do it after Feb’s billing cycle (I’m in the UK in March so can pick up the new card then)

For me, the biggest problem with CoD is having to be in when they deliver, if I pay upfront they can just leave the parcel with the condo desk. Having said that, the GF uses CoD all the time and if they deliver when we're out she gets me to pay them via PromptPay whilst she's on the phone to them.

Just checked via Grok and charges across most of the Barclays credit card (including Platinum which is only it's name, it's not a "Special" card & has no annual fee)... Key Fees for Overseas/Non-Sterling TransactionsPurchases abroad (or any non-sterling transactions, including online purchases from foreign sites): A non-sterling purchase fee of 2.99% is added to each transaction. Currency conversion uses the daily Visa exchange rate (which is competitive but includes a small built-in markup compared to the mid-market rate). The 2.99% fee is applied on top. Cash withdrawals abroad (ATM or over-the-counter in foreign currency): A cash transaction fee of 2.99% (with a minimum of £2.99). This replaces the purchase fee for cash advances. Note: Cash withdrawals on credit cards are treated as cash advances, so they may also start accruing interest immediately (unless you pay off the balance in full quickly), unlike purchases which often have an interest-free period. I seem to remember that Agoda processed the charges in Germany so I might have been hit with a double whammy on FX and Charges :( Lesson learnt though, whilst booking flights to the UK a couple of days later, I usually just take the THB cost and accept I'm going to get charged extra but this time I switched the currency to GBP (Qatar website) and paid for it in GBP on the Visa card so there were no extra charges... Saving approx. 2,5000 THB on 85,000THB tickets.

Are you sure Barclays belongs on that list? Booked a hotel in the Maldives and was quoted a price in Thai Baht which I paid for on my Barclays Platinum VIsa card (£538.62), a couple of weeks later the hotel decided it was going to be closed for the period we were due to stay so Agoda offered me a couple of crappy alternatives which I declined, they refunded me the original amount in Thai Baht and I got £496.26 back so am £42.26 out of pocket (They did give me $70 USD credit to use in the next 6 months but that was supposed to be compensation not reparation). I know some of that will be fluctuations in FX rates but the Thai Baht didn't move 8.5% in a couple of weeks! Lesson learnt, I now book non-Thai hotels using my Revolut card and try to select pay at the hotel.

I remember that advert (1985/86... approx 40 years ago) & still funny today :)

Dispatches from Elsewhere https://www.imdb.com/title/tt8965666/ Has anybody else gave this a go? I gave it 30 mins & gave up but if it's worth continuing with will try again.

Just back from Central and whilst the GF was shopping, stuck my head into Kasikorn branch to ask what I needed to open a Fixed Deposit account (I already have a Savings account with them). Expected to need a Certificate of Residence but as I still had the new lease with a copy of my Landlord's chanote in my bag, they were happy to accept that + my Passport and 20 minutes later I walked out with a Fixed Deposit account seeded with 400K. Next step will be to add another 400K 3 months before my extension is due (end of September though I usually do it at least 6 weeks early so will try to get it added by May) and all the while I'll maintain at least 400K in the BBL account so I can show continuity if I have to.

It would be best to share which DLT office you plan on using but I would think most would want to see a 12 month visa/extension + lease as well as the CoR.

1st attempt they did specifically ask me for my UK Pink "Picture" driving license which (as with UK Passports) does not have your address on it (and the old Green "Non-Picture" ones that do have an address on them will have a UK address, you cannot have a UK license registered to a Non-UK Address) but I guess they are used to Thai Driving licenses which do. On the 2nd attempt when I showed my UK license, they weren't interested in it & much more interested in seeing my lease which they then wanted the Chanote for & weren't happy because the 2 didn't match. As it is now, the 2 proof of addresses they have for me are the original lease with my landlady and my new lease with her husband... TM30 & Certificate of Residence from Immigration were not acceptable. Could be that they want to see the Lease matches the Chanote, they could have saved me a lot of time & money if they'd have just told me this on the 1st attempt.

Apparently it’s a change coming from head office so my account was frozen until I could provide extra information & I didn’t find this out until I went in to move some money :( The staff did say that they’d had a few customers coming in with the same problem so not just me.

Was in there today doing my 90 day report (it's my 1st report since I got back from my UK Trip so cannot do online) & thought I was in the wrong place at 1st as they've completely switched the furniture around.

Technically they could make it apply to this year (but not last without massive upheaval to 2025 returns) but I’d be happy with 2027 :)

Thanks, hoping to get the LTR this year & plan on spending <180 days in Thailand this year so hopefully from next year I’ll be able to bring in previous year’s income