ukrules

What the hell is this stuff? Where do you roll it on?

Quite right, I've been in the UK for about 5 days in total over the last 15 years, if you're determined you can easily break all ties to the UK.

Indeed, many people seem to be referring to this as a 'loophole' as if it's an accidental / unintended consequence of a vaguely worded regulation. The current year thing is not and never has been a loophole - it's by design and enshrined in law. I have a feeling this whole incident will amount to nothing in the end and the talk of people having their '67k' taxed is absolute hysterical nonsense - I think they did say that would be a worst case scenario though.

If you don't have 100k you can opt to pay 40 pounds a month and keep your account - not quite the same thing as being forced to close the account

Yes me too, why not!

Almost every foreigner who dies in Thailand has an autopsy performed on them before they are released for repatriation. It's not something you need to request - it's mandatory unless some certain conditions are met - like you're in hospital under the care of a Doctor and being treated for something. More information here : https://www.gov.uk/guidance/what-to-do-after-a-british-person-dies-in-thailand So there will be a lot more information made available including the condition of the guy when he was found and all the other info like exact cause of death, etc.

500 Baht fine. 5 years in prison my ass ????

I almost expect a collapse of the coalition due to this issue. I guess it depends on whether the PM consulted his coalition partners before announcing this change to pay for the 10k Baht digital money scheme.

That's nonsense.

They're going to be coming for the wealthy Thais way before they come after us lot.

Only a lab test that confirms I've had or have influenza would convince me of what it is if I fully recovered after just 4 days.

Interesting from the point of view of a foreigner like me. If I were to take out a mortgage on a house in the UK or even just a reasonably large personal loan and send the funds here then I could prove that it's a loan (loan contract) but the transfer wouldn't be coming from the bank directly. The funds would be credited to my UK bank account as is usual with any loan and I would then 'wire' however much I require using swift. This is the first I'm hearing about foreigners being prohibited from receiving offshore loans, perhaps that restriction was only for the certificate allowing future repatriation of the funds - that's not something I would require. It's a for life kind of deal.

Lets say I borrow £250,000 which is currently valued at 11 Million Baht, it's definitely not income in any way shape or form, it's a debt. I then take this loan and transfer it to Thailand to purchase something like a house In this scenario would there be any tax liability under these 'clear as mud' rules when moving the funds into Thailand. No tax has been paid on this money because it's debt. This might be a novel idea to many but I can assure you it's a mechanism that's widely used around the world and for some very good reasons....... Thoughts?

No it's not, many people live in Thailand only because of this rule. It's not a loophole either, it's enshrined in law.

Where it says 'tax residents' that's anyone who stays more than 180 days a year and it will technically open a lot of us up to additional taxation, especially those who don't pay any tax on their income

Yes, it sounds like they're attempting to promote the TE visa by mentioning how people can benefit from the 'wire it into Thailand next year' thing. I suspect he's not coming after foreigners, this is going to be aimed at the wealthy Thais, whether we get swept up in it is another thing altogether and it will alter a lot of peoples reason for living here - or people will simply send less money into Thailand and invest elsewhere.

So it's just a proposal now......

I was wondering about that, was it worded the same before though and if the separate year thing is a different law/regulation then it may still apply. Also this seems a little bit odd considering it's September 18 today :

Are you sure on that about previous years income, there's various others in this thread who are suggesting that this is the precise 'loophole' which is being closed. A scenario which I doubt, but I would leave that to the accountants.

They don't tax all income earned abroad, it doesn't kick in until you cross a certain threshold which is not really that low. It's known as the 'Foreign Earned Income Exclusion' - when I say it's not that low I'm taking about $100,000 a year or there abouts but it seems to change on a regular basis. Of course this income would need to be taxed locally in Thailand Source - straight from the IRS : https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion

Happened to me once, the idiot who reads the meter entered the wrong number. There was absolutely no way to correct the mistake according to them so I just took the credit as a pre pay.

Weight has nothing to do with being 6'2

Maybe they also start measuring our leg length and issue better seats to those who are tall?

I also spent 1 night in a hotel last year and when I came back to Hua Hin I did nothing and the next 90 day report went through as normal. I guess it depends on which are you're in and how they apply the rules. I went there to get a new Thailand Elite visa inserted into my new passport.

Are they really any good?