offset

If you had saving from the previous years you brought that over which was not taxable and was loop hole they have now stopped

I have an interesting thing with my son because I have 100% custody over him with a court order to prove it, so tomorrow I will find out if that is acceptable when I will try to file for my taxes

Did the take all the prove about what tax that they should of paid in their own country or are they living a life where they do not pay taxes in any country

It definitely states that 1. Residents of Thailand If you stay in Thailand for the total of at least 180 days in the tax year, you are considered a “resident of Thailand” for tax purposes. You have to file a return on the income that you received if you meet one of the following conditions: (1) Your total income exceeded 60,000 baht in the tax year. (2) You were married and your income combined with that of your spouse exceeded 120,000 baht in the tax year.

The problems are the individual is still responsible for filing tax If the tax officer is wrong (which most do not understand about DTAs) it will still come back on the individual

But how much smaller is the tax allowance in Thailand for a single man 210000baht? against £553000 in the UK so they will lose a lot of that advantage It is only for a person over 65 and married does the allowances equal out

Did you quote what your figures to the tax officer

I think that most people that pay tax in the in the UK will be liable to pay tax in Thailand The £12570 tax free allowance is equal to 553,080 bhat at 44 to the £ which is in access of most of the tax free allowance in Thailand Some may be able to offset this with their pre 2024 savings if that is allowed

Is the Tax free allowance (basic amount £12570) in th UK classed as accessible tax in Thailand

It can depend on if you can get a tax refund

Yes but I was only quoting 1 person and I am waiting for him to answer

Some people file for peace of mind and some will even get a tax rebate are you saying they are silly to file

I think you have got your sums wrong your figures for Thai tax relief is only 500,000bhat People also need to know the tax relief in their own country is taxable in Thailand (in the UK it is £12570) In the UK it is possible to get some interest tax free that is also taxable in Thailand

But if you buy an apartment how are you going to show 800000bhat in the bank to immigration You should be able to get 1.5% for 12 months

Sorry should read 150,000 baht is not taxable

Thank you for your help I think that they will have to carry on using an agent

I think they have to accept using an agent for this extension but was hoping to get the financial side sorted so they can do there own extension in 2026 If they now put 65000naht in the bank could they piggy back next year

It cost 50000 baht and they used an agent in Hua Hin

They already live in Hua Hin and used an agent to get there first retirement extension but now they are trying to do it without an agent

They are living She is already in Thailand on her own retirement extension but having problems getting 1600000bhat in the bank for both of them

She is already in Thailand on her own retirement extension but having problems getting 1600000bhat in the bank for both of them

Do both husband and wife have to have a separate retirement extension and each have 800000bhat in the bank

Most Thai do not earn enough to pay tax their minimum allowance would be 60000 plus first 15000bhat is not taxable, not many Thais earn more than 17500bhat a month

When I send money via K bank I get about 0.40baht less per pound than I get from WISE but my UK bank has a fixed charge of £20 pounds for any amount soi have to do the maths for the best way to send

Are you including Kbank at Bluport I have always found them very helpful