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
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
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
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
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
You can get from the HMRC app the amount paid to each company, if you do it for the last 2 years you can show the tax paid for the Thai tax year, but the tax office was not sure they would accept that it is why I am trying to get it from the Uk
I think that you will find that the withholding tax is 15%
The figures you are showing does not list any 1.90% accounts
I have just got from Krungsri 1.50% for 5 months
I have also have a Mai tai dee account which pays 0.90% but can withdraw money with no interest lost but over 2 withdraws is charged at 50bhat